By Brazil Stock Guide – Shell Plc (SHEL LN) said its Brazilian unit surpassed production of 500,000 barrels of oil equivalent per day on Tuesday (24), reaching 502,200 barrels per day and marking a new operational milestone in the country.
The increase reflects strong output across key offshore assets, particularly in Brazil’s pre-salt region, where the company has expanded its footprint alongside partners including Petrobras (PETR4 BZ).
President Cristiano Costa said the achievement underscores the company’s operational consistency and asset portfolio strength. “This achievement goes far beyond a number. It reflects the strength of our portfolio, the consistency of our operations and the dedication of the people behind every decision and every asset,” he said.
Production gains were driven by fields in the Campos and Santos basins, including Parque das Conchas (BC-10), Lapa, BMS-11A and BMS-11. The Mero field, one of the largest pre-salt developments in the Santos Basin, has reached an operating capacity of 700,000 barrels per day.
Costa said the result was built through coordinated efforts across teams and partners. “This result was built collectively, with discipline, resilience and an unwavering commitment to safety,” he said.