Brazil breaks oil and gas production record in October

The National Petroleum Agency (ANP) announced a new record for the oil and gas sector in Brazil. The country produced 4.18 million barrels of oil equivalent per day on average (boe/d) during the month of October, the highest volume recorded in the Brazilian oil industry. The number represents a growth of 2% in comparison with the previous month.

According to the agency, the growth was driven by production from the P-77, FPSO Guanabara and FPSO Pioneiro de Libra platforms. The regulatory body also said that pre-salt production increased by 4.75% compared to September 2022 and reached 3.14 million boe/d, representing 75.18% of the national total. Production in production sharing contracts increased by 18%, reaching 995.2 thousand boe/d, representing 23.8% of the national total. All data are available on the ANP’s Dynamic Panel on Oil and Natural Gas Production

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