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Brava Energia Certifies Oil And Gas Reserves Valued At $18 Billion

Written by Carla Teles
Published on 18/04/2025 at 11:03
Updated on 18/04/2025 at 11:04
Brava Energia certifica reservas de petróleo e gás avaliadas em US$ 18 bi
A Brava Energia confirmou que tem grandes reservas de petróleo e gás no Brasil. Essas reservas vão ajudar a empresa a produzir por muitos anos e fortalecer sua atuação no setor. Imagem: Reprodução/Brava Energia
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2025 Report Indicates Over 1 Billion Barrels in Proved and Probable Reserves in the Company’s Assets

Brava Energia has released its reserves certification report for the year 2025, estimating 479 million barrels of oil equivalent (boe) in proved reserves and a total value of US$ 18 billion. The document reinforces the company’s position in the oil and gas sector, highlighting assets located in the Northeast and Southeast regions of Brazil.

Composition and Value of Certified Oil and Gas Reserves

According to a report published by CNN Brasil, Brava Energia currently has 479 million barrels of oil equivalent in proved reserves (1P) and 605 million in proved plus probable reserves (2P). The majority of the reserves (92%) correspond to crude oil, while the remaining 8% is natural gas. The certifications were conducted by the international consulting firms DeGolyer and MacNaughton and Gaffney, Cline & Associates, with a reference date of December 31, 2024.

Return Potential and Lifespan of the Fields

The estimated net present value (NPV) of the assets is US$ 8 billion for 1P reserves and US$ 10.1 billion for 2P, using a discount rate of 10% per year and not accounting for taxes. The lifespan of the reserves, considering the average production of 2024, is estimated at 26 years, which could decrease to 12 years if the projected production peak is considered. The data showcases the robustness of the company’s assets and their value generation potential in the oil and gas sector.

Geographic Distribution of the Assets

The certification covers 100% of the company’s assets in the Potiguar and Recôncavo basins, along with significant stakes in offshore fields, such as Atlanta (80%), Manati (45%), Peroá (100%), and Papa-Terra (62.5%). Some areas, such as the fields of Pescada, Ubarana, and the BC-10 block, were not included in the certification. The volumes from the Malombe field, in the Peroá Hub, were classified as contingent resources, pending a declaration of commerciality with the ANP.

Strategy and Outlook in the Oil and Gas Sector

Brava Energia considers the report an essential tool for planning and attracting investments. The company reaffirms its commitment to sustainable growth and enhancing its assets in the oil and gas sector, focusing on operational efficiency and new opportunities. The technical document will serve as a basis for future decisions and reinforces Brava’s positioning as one of Brazil’s leading independent operators.

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Carla Teles

I produce daily content on economics, diverse topics, the automotive sector, technology, innovation, construction, and the oil and gas sector, with a focus on what truly matters to the Brazilian market. Here, you will find updated job opportunities and key industry developments. Have a content suggestion or want to advertise your job opening? Contact me: carlatdl016@gmail.com

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