Petrobras — Exploration & Production
Oil Gas
Type
Operating
Status
🇧🇷 Brazil
Country
Project information
As at 31 December 2025
Aggregation level:
Company portfolio
Aggregation level:
Company portfolio
Report standard:
Sec S K 1200
Report standard:
Sec S K 1200
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
Offshore
Extraction:
Offshore
Description
As at 31 December 2025
Petrobras's consolidated upstream business, the operator of most of Brazil's oil and gas production, concentrated in the pre-salt and post-salt of the Santos and Campos basins. Proved reserves of 12,112 million boe at year-end 2025 (including 0.1% from equity-method investees) were evaluated by independent auditor DeGolyer and MacNaughton (93.2% reviewed). 2025 total production was 3.0 million boe/d. Brazil lifting cost was US$6.4/boe excluding leases and US$9.1/boe including leases.
Portfolio Aggregate
As at 31 December 2025 · 1P
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Reserves & resources — detail
As at 31 December 2025
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