U.S. COMPANY FILING
PETROBRAS - PETROLEO BRASILEIRO SA — Form 6-K filed 2026-01-28
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Petrobras disclosed on January 28, 2026 that proved reserves as of December 31, 2025, under SEC rules, reached 12.1 billion boe, with oil and condensate at 84% and natural gas at 16%. In 2025, reserves additions totaled 1.7 billion boe, achieving a reserve replacement rate of 175% despite record production. The reserves-to-production ratio is 12.5 years. Additions were driven by strong performance in Búzios, Tupi, Itapu, and Mero fields in the Santos Basin, and progress in Budião fields in the Sergipe-Alagoas Basin. No significant impact from oil price changes was noted, highlighting project resilience.
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