Petrobras Búzios Field Tops 1.1 Million Bpd Record with P-78 and P-79
PBRA•Petrobras’s Búzios field in Brazil’s Santos Basin reached a record 1.1 million barrels per day of oil output, up from 1.0 million bpd in October 2025. New floating production units P-78 and P-79 are ramping toward 180,000 bpd each as Petrobras brings additional wells online.
1. Record Output Achievement
The Búzios field in the Santos Basin averaged 1.1 million barrels per day of oil production, exceeding its previous 1.0 million bpd milestone set in October 2025. This makes Búzios only the second field in Petrobras’s portfolio, after Tupi, to surpass the 1 million bpd threshold.
2. FPSO Deployments and Ramp-Up
Recent commissioning of the P-78 and P-79 floating production, storage, and offloading units has driven the output surge, with both vessels targeting 180,000 bpd nameplate capacities. Petrobras currently operates eight FPSOs at Búzios and plans to expand to 12 units, with P-80, P-82 and P-83 under construction and a twelfth unit in procurement.
3. Field Significance and Consortium Structure
Búzios is Brazil’s largest producing oil field and holds the country’s largest proven reserves, accounting for roughly one-third of Petrobras’s operated production in Brazil and nearly half of its equity output. The field is operated by Petrobras alongside CNOOC and CNODC, with PPSA managing the federal government’s production-sharing interests.
