IN BRAZIL, PROVEN RESERVES REACHED 14.7 bILLION BARRELS OF OIL EQUIVALENT IN 2013, WITH MOST OF THEM (94.0%) located OFFSHORE. NATIONAL PRODUCTION REACHED 764.7 MILLION BARRELS, GROWING BY 35.3% IN THE LAST DECADE.


DISTRIBUTION OF TOTAL OIL AND GAS PRODUCTION IN BRAZIL – 2013 (%)   DISTRIBUTION OF TOTAL POST-SALT AND PRE-SALT OIL AND GAS IN BRAZIL – 2013 (%)
     
     
 

In Brazil, proven reserves reached 14.7 million barrels in 2013, with most of them (94.0%) located offshore. Annual production in the country reached 764.7 million barrels of oil equivalent (boe), growing by 35.3% in the last decade. Among the areas accounting for most of this total, the Campos and Santos Basins are noteworthy, especially the latter, due to the increased production of the pre-salt reservoirs.








NATIONAL OIL AND GAS PRODUCTION (IN MILLIONS OF BOE)
 

PRODUCTION OF OIL BY BASIN – 2013 (%)   PRODUCTION OF GAS BY BASIN – 2013 (%)  
       
  In 2013, proven reserves of natural gas totaled 434.0 million m3, with 84.1% of this total offshore. Production reached 178.5 million barrels of oil equivalent. The Camamu-Almada Basin, where QGEP holds a 45% share in the Manati Field, is among the largest producers of non-associated gas production. Production in the Manati Field for the year accounted for 7.7% of total natural gas produced in Brazil.