According to Latin American media reports, Brazil’s National Petroleum Administration announced recently that as of the end of last year, Brazil’s proved oil reserves reached 12.623 billion barrels, 3.6% more than at the end of 2006, making the country’s oil reserves second only to Venezuela in South America. second. In addition, Brazil’s proven natural gas reserves as of the end of last year increased 4.9% from the end of 2006 to 364.9 billion cubic meters, ranking second only to Venezuela, Bolivia, and Argentina. Cosmetic Bottle,Pet Spray Bottle,Flat Bottle,Cylinder Round Guangzhou Moomi Packaging Co.,Ltd , https://www.m-mip.com
The newly increased proven reserves of oil and natural gas are mainly from the Camps Basin in the waters of Rio de Janeiro, in the southeast of Brazil. The Camps Basin covers an area of ​​more than one hundred square kilometers, and the daily production of oil and gas now accounts for 80% of Brazil’s total output of 2 million barrels.
In December 2007, Petrobras announced the discovery of a huge oil field, Tupi Oilfield, with a predicted reserve of 5 billion to 8 billion barrels in the deep sea area of ​​southeastern Brazil. This is also one of the largest oil fields discovered in the world in the past 30 years. However, the oil field reserves have not been included in Brazil's new proven reserves.