Considering the new projects plus facilities in operation, the state-run oil giant expects to produce 3.1 mi barrels of oil equivalent a day in 2027—2.4 mi of which from pre-salt layers, which reach 78% of the total output.
The total stood at a daily 4.482 mi barrels of oil equivalent. In the same month, a new record was set for total production (oil plus natural gas), as well as for oil and natural gas taken separately and for pre-salt production.
The output stood at 4.324 mi barrels of oil equivalent per day. Of these, 3.367 mi were oil and 152.258 mi cubic meters were natural gas, as per the latest monthly report by oil agency ANP.
The average output under the sharing regime stood at 819 thousand bpd in May. The government’s share in the total was reported to reach a record 45.7 thousand bpd—up 32% from the previous month.
The 12.33 bi barrels add up to 83% of Brazil’s total. The state’s average production, in turn, reached 2.53 mi barrels per day last year, up 7.5% from 2021. Rio’s output added up to 85% of the national sum.