Petrobras Restores Tupi/Iracema to 1 Million Barrels a Day
The rebound reflects targeted well connections plus production management in Brazil’s pre-salt, with potential expansions under evaluation pending approvals.
Overview
- Output at the Tupi/Iracema complex reached 1 million barrels per day on Jan. 9, returning to a level first achieved in 2019 after a period of decline.
- Petrobras says the result aligns with its 2026–2030 plan to lift oil and gas production through reservoir management, higher production efficiency and improved water injection.
- In 2025 the company interlinked 11 wells at the complex, which now has more than 150 wells drilled in total.
- Studies are underway for additional wells, a possible new platform starting in 2031 and life extensions for some of the nine existing units, subject to consortium and ANP authorization.
- Petrobras operates the fields with Shell and Galp, the pre-salt provides about 80% of its output, and the CEO says Tupi/Iracema joins Búzios as a field with potential above 1 million barrels per day.