Brazil Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies, 2021-2025

Brazil Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies, 2021-2025

Summary

Brazil is the largest crude oil producer in South America. It has proven crude oil and condensate reserves of approximately 44.5 billion barrels, of which 25.5 billion barrels remain underground. Also, Brazil holds approximately 19.05 billion cubic feet (BCM) of recoverable reserves of natural gas, of which 10.85 BCM are still to be recovered. Oil was first discovered in 1930, in the state of Bahia, but it wasn’t until 1968 that the first extraction project was developed offshore in deep waters from the Guaricema field. The first LNG plant in the country was built in 2006 with the name of White Marty and the first LNG export was made in 2012, when approximately 342.5 kilo tonnes (kt) of LNG were sold to Argentina and Japan.

Scope

• Brazil’s oil and gas production outlook by assets terrain, and major companies
• Key details of active and upcoming oil and gas assets in the country
• Recently licensed blocks details, licensed blocks count by company, and latest discoveries
• Latest mergers and acquisitions related to the E&P sector in the country

• Gain a strong understanding of the Brazil’s E&P sector
• Facilitate decision making based on strong historical and outlook of oil and gas production data, licensed blocks details, and discoveries
• Assess your competitor’s production outlook and licensed blocks count in the country
• Analyze latest M&A landscape related to the country’s E&P sector