Petrobras (PETR3; PETR4) intends to more than triple the installed production capacity of the Búzios field, in the Santos Basin pre-salt area, by the end of the decade. The projection is for this volume to jump from the current 600,000 barrels of oil per day (bpd) – with four platforms operating today – to 2 million bpd – with the entry of seven more units operating in the asset by 2030.

Búzios is the largest deepwater field in the world in terms of production volume and potential, with low extraction costs, besides being internationally recognized as a center for the development of disruptive technologies in ultra-deep waters.

The data were presented by Petrobras’ Búzios general managers, Jaime Naveiro and Thiago Coutinho, on Wednesday (28), at Rio Oil and Gas 2022, which takes place at the Olympic Boulevard, in the port area of Rio de Janeiro, until Thursday (29).

Petrobras (PETR3; PETR4) sees Búzios reaching 33% of the company’s total production in 2026

Búzios field is also characterized by its low rate of carbon emissions per barrel of oil equivalent produced – it is in the industry’s first quartile. According to Naveiro, the last record in the field was 616,000 bpd, broken in July of this year.

Thiago Coutinho said that the technologies adopted are always linked to the challenges of the field. In the second phase of development of Búzios, the challenge is to incorporate new technologies compatible with the field’s potential.