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Petrobras reports production of 2.7M barrels of oil in 3rd quarter

This figure represents a drop compared to the same period in 2023
Agência Brasil - Rio de Janeiro
Published on 29/10/2024 - 10:43
Agência Brasil - Rio de Janeiro
Rio de Janeiro (RJ), 28/09/2023 - Vista aérea do navio-plataforma P-71, instalado no campo de Itapu, no pré-sal da Bacia de Santos, a 200 km da costa do Rio de Janeiro. Foto:Tânia Rêgo/Agência Brasil
© Tânia Rêgo/Agência Brasil

Petrobras reported a production of 2.689 million barrels of oil equivalent per day. This figure represents a decrease from the previous quarter, which was 2.699 million barrels, and from the third quarter of 2023, which stood at 2.880 million barrels.

The share of pre-salt oil in the total oil processed at refineries reached a record 73 percent for the quarter, marking an increase of 4 percentage points compared to the second quarter of 2024. The highest monthly figure for the quarter was achieved in August, when the pre-salt oil processed reached 76 percent.

Oil products

Production and sales of derivatives in the domestic market rose by 4.2 percent compared to the previous quarter, driven by a seasonal increase in demand. In September 2024, Petrobras achieved its best monthly result of the year for the overall utilization factor of its refining capacity, reaching 97 percent.

Total production of derivatives reached 1,818,000 barrels per day, with a focus on high-value-added products—diesel, gasoline, and aviation kerosene—accounting for 68 percent of the overall output. This result was achieved despite maintenance shutdowns at four refineries during the quarter.