By Brazil Stock Guide – BRAVA Energia (BRAV3) reported higher oil and gas production in 2025, with average annual output of 81.3 thousand barrels of oil equivalent per day (boe/d), representing a 46% increase compared with the 55.7 thousand boe/d recorded in 2024.
Production advanced steadily over the year and reached a peak in the third quarter, when output averaged 91.8 thousand boe/d, the highest quarterly level reported by the company. The Papa-Terra field, in the Campos Basin, and the Atlanta field, in the Santos Basin, accounted for a significant share of volumes and delivered their highest annual production to date.
Offshore production increased following the completion of the first phase of the Atlanta project. Average output at the field rose from 18.8 thousand boe/d in the first quarter of 2025 to 30 thousand boe/d in the third quarter, reflecting the ramp-up of facilities and stable operations over the period.
Onshore assets maintained stable output during the year. Operations in the Recôncavo and Potiguar complexes produced an annual average of 33.3 thousand boe/d, supported by routine operations and revitalization activities.
In December, average production totaled 74.6 thousand boe/d, with 45.6 thousand boe/d from offshore assets and 29 thousand boe/d from onshore operations.