Oil production in Brazil started the year on a high, totaling 3.03 million barrels per day in January on average, an increase of 5.5% compared to the same month last year, with an increase in the pre-salt and of the post-salt, indicated data from the National Agency of Petroleum, Natural Gas and Biofuels (ANP).
In comparison with December, there was an increase of 6.8% in Brazilian oil production.
It is the first time that Brazilian pumping exceeds 3 million bpd since September 2021.
The average production of natural gas in the country, in turn, was 136.97 million cubic meters per day (m³/d) in January, up 0.4% compared to the same period in 2021 and an increase of 3.6 % versus December.
Adding oil and natural gas, the country’s total average production in January totaled 3.89 million barrels of oil equivalent per day (boed), against 3.73 million boed in January last year and 3.67 million boed in December. .
Pre-salt production in January totaled 2.91 million boed, compared to 2.7 million boed in December and 2.63 million boed in January 2021.
Post-salt offshore production increased to 790 thousand boed, against 746.1 thousand boed in December and 849.55 thousand boed in January last year.
Petrobras (PETR4), the country’s main producer, produced 2.2 million bpd in January as a concessionaire, up 2.8% from a year earlier.
Shell (RDSA34), the second largest producer in the country and one of Petrobras’ most important partners in the pre-salt layer, produced 355,768 bpd in January, up 3.6% compared to January 2021.
Brazil Energy Insight 
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