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Brazil

South America

BRA

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Crude Oil in Brazil (Strategic Resource) | civic.ng

Resources/Crude Oil

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Crude Oil

Strategic Resource

Energy • conventional_oil • 1 deposit(s)

Major offshore pre-salt discoveries made Brazil significant producer. Petrobras dominant. Lula, Búzios, Tupi major fields.

Rio de Janeiro, São Paulo, Espírito Santo, Offshore

producingExport Ready

Grade: 28 API_gravity - Medium crude. Pre-salt ultra-deepwater.

Security:1/5Regulatory:3/5Environmental:3/5

Proved15.00B bbl(recoverable)

Quality Tier:proved

Confidence:85%

As of:2025-01-01

✓No data quality warnings

Base Case

Price (USD/bbl)

Recovery Factor(0-1)

Basis: recoverable (not applied)

Government Take(0-1)

= 45.0%

Gross Value

$1.20Tmodeled

State Value

$540.00Bmodeled

Notes: Brazil produces ~3.5M bpd. Pre-salt ~70% of production.