Production

Tupi reaches 2.6 billion barrels of accumulated production

Brazil's largest oil-producing field accounts for 20% of national production. In 2023 alone, Tupi generated R$37bn in taxes and government participation

Petrobras Agency
06/05/2024 09:55
Tupi reaches 2.6 billion barrels of accumulated production Imagem: André Motta de Souza / Petrobras News Agency Visualizações: 3329 (0) (0) (0) (0)

In the pre-salt Santos Basin, the Tupi field reaches 15 years of operation this Wednesday (5/1), with 2.6 billion barrels of oil equivalent (boe) of accumulated production and seven units in operation. The first pre-salt field to come on stream in May 2009, Tupi is today the country's largest producing field, with an average volume of 850,000 barrels of oil equivalent per day (boed), accounting for 20% of the total produced in Brazil. 
 
With this volume, if it were a country, Tupi would occupy 20th place in the world oil production ranking, ahead of Colombia, Venezuela, the United Kingdom, and Argentina, according to a 2023 survey by the U.S. Energy Information Administration (EIA). The significant results translate into benefits for society. In 2023 alone, Tupi generated around R$37 billion in taxes and government contributions. This amount corresponds to around 15% of the total disbursed by Petrobras last year, which was R$240 billion.
 
"It was in the Tupi field, exactly 15 years ago, that we began our history in the pre-salt, today the largest production center in the offshore industry. Since then, we have developed a series of disruptive technologies and broken record after record, consolidating our world leadership in ultra-deep waters. Tupi is the portrait of a Brazil that works, representing an achievement not just for Petrobras, but for the whole country," said Petrobras president Jean-Paul Prates. 
 
Unprecedented challenges in the sector

Tupi revealed the existence of a new exploration model that is so unknown in the world. It has also driven the development of a series of pioneering technologies, which have brought a unique legacy of innovation to the global industry. Petrobras overcame a series of previously unprecedented challenges in partnership with its suppliers. The Tupi Reservoir is located at a total depth of up to 7,000 meters, with 3,000 meters of rock, 2,000 meters of salt, and 2,000 meters of water depth. 
 
"Fifteen years on from the first oil, Tupi's results are proof that we are on the right track. This success reflects the excellence and ability of our technical staff to excel. Far from intimidating us, the challenges have become a motivation to persist and a legacy for the offshore industry. The fruits we are reaping today fill us with pride and point to a promising future," added Prates. 
 
Petrobras operates Tupi in partnership with Shell Brasil Petróleo Ltda and Petrogal Brasil S.A.

Most Read Today
see see
Partnership
DeepOcean and Jana Marine enter Saudi Arabia subsea part...
04/11/25
ADIPEC 2025
ADIPEC 2025: Industry calls for policy pragmatism, embra...
04/11/25
ADIPEC 2025
Johnson Matthey: Leadership and Innovation Driving the G...
31/10/25
OTC Brasil 2025
OTC Brazil connects the Equatorial Margin’s potential to...
30/10/25
OTC Brasil 2025
New Version of ANP’s Greenhouse Gas Emissions Dynamic Da...
30/10/25
OTC Brasil 2025
Port of Açu and IKM Advance Partnership to Create Brazil...
30/10/25
OTC Brasil 2025
Port of Açu and SISTAC Sign Agreement to Provide Decommi...
29/10/25
Royalties
Royalties from August Production Distributed to States a...
29/10/25
OTC Brasil 2025
iUP Innovation Connections Links Innovation Strategy to ...
29/10/25
ANP
Permanent Production Sharing Offer: Registered Companies...
29/10/25
OTC Brasil 2025
Firjan Showcases Technology and Innovation Solutions for...
29/10/25
OTC Brasil 2025
O&G exploration is key to social development and a just ...
28/10/25
OTC Brasil 2025
Experts warn regulatory instability threatens US$100 bil...
28/10/25
International Company News
Sercel Awarded Major Contract by ONGC to Supply Sercel 5...
28/10/25
Record
Petrobras announces production record of FPSO Almirante ...
28/10/25
OTC Brasil 2025
Event brings together global offshore industry leaders a...
28/10/25
OTC Brasil 2025
Petrobras participates in OTC Brasil 2025, in Rio de Janeiro
28/10/25
Petrobras
Petrobras produced 3.14 million barrels of oil equivalen...
27/10/25
FIRJAN
By 2035+, Rio de Janeiro State’s Energy Potential Could ...
23/10/25
Pre-Salt
PPSA to auction in December the first share of governmen...
23/10/25
Auction
Petrobras wins auction and leases RDJ07 terminal at the ...
23/10/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.