Company: PBR
Filing Date: 2025-02-27
Form Type: 6-K
Source: 0001292814-25-000664
Chunk: 142

Company: PETROBRAS - PETROLEO BRASILEIRO SA
Filing Date: 2025-02-27
Form: 6-K
Chunk 142
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 |     |  -398 |
| Production for the year                                                                                                                                                                                                                  |                  -586 |                  -20 |                      -1 |                  -606 |     |                      -1 |     |  -607 |
| Reserves at December 31, 2022                                                                                                                                                                                                            |                 8,504 |                  173 |                       − |                 8,677 |     |                       6 |     | 8,683 |
| (1) Includes the effects of the write-offs related to the Co-Participation Agreements of Atapu and Sepia fields.                                                                                                                         |                       |                      |                         |                       |     |                         |     |       |
| (*) Apparent differences in the sum of the numbers are due to rounding.                                                                                                                                                                  |                       |                      |                         |                       |     |                         |     |       |
| In 2023, we standardized the conversion between gas and oil equivalent to 5,614.65 ft3 = 1 boe, which is equivalent to the conversion used in contracts in Brazil. Quantities from previous years were restated with the new conversion. |                       |                      |                         |                       |     |                         |     |       |

Natural gas production volumes used in these
tables are the net volumes withdrawn from our proved reserves, including gas consumed in operations and excluding reinjected gas. Our
disclosure of proved gas reserves includes gas consumed in operations, which represent 36% of our total proved reserves of natural gas
as of December 31, 2024.

| 116 |

| INDEX |

The tables below summarize information about the
changes in total proved reserves of crude oil and natural gas, in millions of barrels of oil equivalent, in our consolidated entities
and equity method investees for 2024, 2023 and 2022:

|                                                                                                                                                                                                                                          |                          |                         |                         | Consolidated Entities |     | Equity Method Investees |     |        |
| Proved developed and undeveloped reserves (*)                                                                                                                                                                                            | Oil equivalent in Brazil | Oil equivalent in South 
                 America | Synthetic Oil in Brazil |    Consolidated Total |     | Oil equivalent in North 
                 America |     |  Total |
| At January 1, 2024                                                                                                                                                                                                                       |                   10,873 |                      31 |                       − |                10,904 |     |                      17 |     | 10,921 |
| Extensions and discoveries                                                                                                                                                                                                               |                        − |                       1 |                       − |                     1