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  • Brazil Breaks Its Record For Daily Oil And Gas Production In 2023

    For the first time, production exceeded the level of 4 million barrels per day in oil equivalent, the government’s National Petroleum Agency of the South American country reported.

    Brazil reached a record average daily oil and gas production in 2023. This was announced on Friday by the government’s National Petroleum Agency of the South American country.

    “For the first time in 2023, production exceeded the level of 4 million barrels per day in oil equivalent,” the report said. According to the department, this figure is more than 11% higher than the previous record set in 2022.

    Production records were also broken in each category of hydrocarbons – oil at 3.4 million barrels per day and natural gas at 150 million cubic meters. m per day.

    Brazil’s most promising deepwater offshore field also recorded an absolute production record – 3.3 million barrels per day in oil equivalent, which is more than 75% of the country’s total production, the agency notes.

    Source

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