Brava Energia (BRAV3) reported total production of 80,683 boe/d (barrels of oil equivalent per day) in October 2026, below the 82,382 boe/d average of 3Q26. The data are preliminary and unaudited. Offshore production totaled 50,627 boe/d, and onshore production totaled 30,055 boe/d.
Oil production was 62,244 bbl/d, versus 63,355 bbl/d in 3Q26. At Atlanta, oil fell to 18,700 bbl/d, from 24,362 bbl/d in 3Q26, because production from wells 4H and 5H was interrupted in the second half of October after one of the field's pumps failed. The equipment replacement was completed on November 9, with both wells resuming production on the same date. Gas production was 18,439 boe/d, compared with 19,027 boe/d in 3Q26.
At Papa-Terra, oil reached 13,178 bbl/d, and the Company says October marked the asset's highest production since September 2020, even with PPT-52, which began production on September 29, 2026, and the systems still in the testing and stabilization phase. In the first week of November, Brava completed the drilling, completion and tie-in of well PPT-53, which is awaiting regulatory approvals to start production. At Potiguar, oil totaled 19,626 bbl/d, and onshore production recorded its eighth consecutive month of growth, driven by higher steam reinjection, which already exceeds the 2025 peaks.
In a separate occurrence, the Company identified the need for maintenance on equipment at the process plant of the Atlanta FPSO (floating production unit), which will require production to be halted for about 10 days. The equipment has already been mobilized and the work is starting.
In Bahia, gas production will be limited during part of November due to scheduled maintenance at the Catu Gas Treatment Unit (UTG), expected to be completed on November 19, 2026. During this period, the unit will not receive natural gas for processing.
