Oil and natural gas production in Brazil reached a record high in February 2026, according to a report released on Wednesday (Apr. 1) by the National Agency of Petroleum, Natural Gas, and Biofuels (ANP).

A total of 5.304 million barrels of oil equivalent per day (boe/d) - a measure that includes both oil and natural gas - were produced. The previous record was set in October 2025, at 5.255 million boe/d.

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Considering only oil, 4.061 million barrels were extracted per day - a 2.7 percent increase from the previous month and a 16.4 percent rise from the same month in 2025.

Natural gas production in February stood at 197.63 million cubic meters per day (m³/d), representing a 2.3 percent growth from January and a 24.5 percent expansion from February 2025.

Production came from 6,079 wells, 582 of which were offshore and 5,497 onshore. Offshore fields accounted for 98 percent of the country’s oil production and 87.8 percent of its natural gas output.

Fields operated by Petrobras, either alone or in consortium with other companies, accounted for 89.46 percent of total production.

Pre-salt production

The pre-salt layer accounted for 80.2 percent of Brazilian production, totaling 4.243 million boe/d in February. This represented a 2.3 percent increase from the previous month and a 20.1 percent rise from the same month in 2025.

A total of 3.264 million bbl/d of oil and 155.56 million m³/d of natural gas was extracted from 181 wells in the pre-salt layer.

The Tupi Field, in the Santos Basin, was the country’s largest producer of both oil and natural gas, with output of 865,980 barrels per day and 42.87 million m³/d.

Petrobras has discovered oil in an exploratory well at the Marlim Sul field, located in the pre-salt layer of the Campos Basin, off the coast of Rio de Janeiro.

According to a statement released by the company to investors on Thursday (Mar. 26), the oil is classified as “excellent quality.”

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Well 3-BRSA-1397-RJS is located 113 kilometers off the coast of Campos dos Goytacazes, at a water depth of 1,178 meters.

The company reported that the oil-bearing interval was confirmed using electrical logs, gas indications, and fluid samples.

The samples will subsequently be sent for laboratory analysis, which will allow the characterization of the reservoir and fluid conditions, enabling continued assessment of the area’s potential, the statement said.

The company explains that exploration - a step prior to production - in the pre-salt layer aims to replenish oil reserves in mature areas, ensuring the company’s sustainability and meeting national energy demand during this period of energy diversification.

The Marlim Sul field was discovered in November 1987, and Petrobras is its sole operator.

In addition to Marlim Sul, the Campos Basin’s oil fields include Marlim and Marlim Leste.

The Campos Basin is the second-largest producer of pre-salt oil, accounting for 7 percent of the total. The leading basin is Santos, also on the Southeast coast, with 78 percent.