Petrobras announced that its flagship Búzios field in Brazil's Santos Basin pre-salt province has reached a record average daily production of 1.1 million barrels of oil, surpassing the previous milestone of 1 million barrels per day achieved in October 2025. The increase reflects accelerating output from the recently commissioned P-78 and P-79 floating production, storage, and offloading units, which are still ramping toward their nameplate capacities of 180,000 barrels per day each. Búzios is Brazil's largest producing oil field and accounts for roughly one-third of all oil production operated by Petrobras in Brazil, including partner volumes, and nearly half of the company's equity production. The field currently produces through eight offshore facilities, with plans to ultimately operate a total of 12 FPSOs, as three additional units are under construction and a twelfth remains in the procurement phase. Located in ultra-deep waters more than 2,000 meters below sea level, Búzios is only the second field in Petrobras' portfolio to exceed 1 million barrels per day after the neighboring Tupi field.
Petroleo Brasileiro Petrobras SA ADRRecord output from flagship Búzios field boosts Petrobras' production and operational efficiency.