BRAVA ENERGIA S.A. (“BRAVA” or “Company”) (B3: BRAV3), informs its investors and the market in general the preliminary and unaudited production data for the month of May 2025.
Brava renewed its historical production record in May, reaching a daily average of 88.6 thousand boe, an increase of 8% compared to the previous month. This result reflects the evolution of the offshore segment, with emphasis on Atlanta, which reached the highest production level since the beginning of operations in the field, and Papa-Terra, which recorded the best monthly performance since September 2021.
Atlanta – Historic production record and connection of wells 2H and 3H in progress
The month of May marks the highest level of production in the field’s history: approximately 39 thousand boe/d for 100% of the asset. The FPSO Atlanta has shown operational efficiency above expectations since the start of operations in December 2024, and it is worth highlight that some days with production volatility is expected during this period, which still includes a phase of systems testing. The connection of wells 2H and 3H is underway and is expected to be completed between the end of June and the beginning of July, when the asset will start operating with six wells.
Manati – The operation was resumed by the operator during the month of May, with an average production of approximately 462 thousand m³/d or 2,900 boe/d in the last 10 days, referring to the Company’s 45% stake in the asset.
Brava is the operator of Potiguar, Recôncavo, Papa-Terra, Atlanta and Peroá assets, and holds a non-operated stake of 35% in Pescada, 45% in the Manati Field, both operated by Petrobras, and 23% in Parque das Conchas, operated by Shell. The breakdown of production by asset is updated monthly in the Company’s valuation guide, available on the Investor Relations website, click here to access.
Brazil Energy Insight 
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