Brazil’s Oil Production Rose 2.7% in November [PDF Download]

(Energy Analytics Institute, 3.Jan.2022) — Brazil’s national production of crude oil and natural gas totaled 3,711 million barrels of oil equivalent per day (MMboe/d) in November 2021, comprised of 2,852 million barrels per day (MMb/d) of oil and 137 million cubic meters (MMm3/d) of gas.

Brazil’s oil production in November 2021 rose 2.7% compared to October 2021 and 3.5% compared to November 2020. The country’s gas production in November 2021 rose 3.7% compared to October 2021 and 8 .1% compared to November 2020, according to recent details published 3 January 2021 by Brazil’s National Petroleum, Natural Gas and Biofuel Agency (ANP)

Pre-salt

Production from Brazil’s pre-salt region totaled 2,714 MMboe/d in November 2021, of which 2,141 MMb/d was oil and 91 MMm3/d was gas. Pre-salt production in November 2021 was up 2.8% compared to October 2021 and 12% compared to November 2020.

Production from the pre-salt originated from 131 wells and corresponded to 73.2% of Brazil’s total production.

Natural Gas Usage

Natural gas usage in Brazil in November was 97.2%. Approximately 61.7 MMm3/d was made available to the Brazilian market. Gas flaring in November 2021 was 3.8 MMm3/d, representing a reduction of 12.8% compared to October 2021 and an increase of 20.8% compared to November 2020.

Production Origins

Brazil’s offshore fields produced 97.1% of the country’s oil and 81.9% of the country’s gas in November 2021. Fields operated by state-owned Petrobras were responsible for 93.7% of the oil and gas produced in Brazil.

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By Ian Silverman. © Energy Analytics Institute (EAI). All Rights Reserved.