Company: PBR
Filing Date: 2025-04-03
Form Type: 20-F
Source: 0001292814-25-001352
Chunk: 69

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-04-03
Form: 20-F
Item: Item 17
Chunk 69
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 to the gas processing plants, except for the United States of America and Argentina. The production does not include injected gas volumes, production of EWTs in exploratory blocks and production in Bolivia, since Bolivian reserves are not included in our reserves due to restrictions determined by Bolivian Constitution.
 
In 2024, we incorporated 1,330 million boe of Proved Reserves, including the:
 
–                                        addition                                    
    of 883 million boe, due to new projects, mainly in Atapu and Sépia fields, and in
                 other fields in Santos, Campos and Solimões basins; and             
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–                                         addition                                     
    of 447 million boe, due to the performance of assets, mainly in Búzios, Itapu, Tupi
                and Sépia fields, in the Santos basin, and other revisions.            
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 We did not have relevant changes related to the variation in the oil price.
 
<{self.tag} alt="{self.alt}" src="{self.src}">2024 RESERVES INDEXES
   
Annual Report and Form 20-F 2024 |
Proved Undeveloped Reserves
 As of December 31, 2024, our Proved Undeveloped Reserves were estimated at 5,514 million boe, a net increase of 6% when compared to 2023 year-end.
 In 2024, we incorporated 320 million boe of Proved Undeveloped Reserves, including the:
 
–                                          addition                                       
    of 882 million boe, due to new projects, mainly in Atapu and Sépia fields and in other
                        fields in Santos, Campos and Solimões basins;                     
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–                                         addition                                     
    of 142 million boe, mainly due to the performance in Búzios and Jubarte fields, and
                                      other revisions.                                 
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 The additions in our Proved Undeveloped Reserves were partially offset by the conversion of 705 million boe of Proved Undeveloped Reserves to Proved Developed Reserves, mainly as a result of FPSO Duque de Caxias start-up and FPSO Sepetiba ramp up in Mero field, the ramp up of P-71 platform in Itapu field, in Santos Basin, and the ramp up of FPSO Anna Nery and FPSO Anita Garibaldi in Marlim field,