Investor Presentaiton
CORPORATION
Pre-salt reserves are likely to turn Brazil into a true oil
World Proven Oil Reserves by Country
Including pre-salt potential
1)
264
138
150
115
102 113 98
87
79
120
8 90
60
30
83-
2)
33
53
0
Saudi Arab
Iran
Iraq
Kuwait
Brazil -
Bullish
UAE
Venezuela
Russia
Brazil -
Conservative
Libya
41 40
40
Inclusion of pre-salt discoveries - to
date should move Brazil well into the
top-10 in world-wide proven reserves.
40000
30000
20000
70000
major...
Brazil's proven oil reserves as
per year-end 2007 amounted
to 13 bn boe of which roughly
90% is offshore, compared to
the world average of 18%
36
29
29
28
27
15
(3)
13 12 12 98
Kazakhstan
Nigeria
USA
Canada
Qatar
China
Brazil -
Proven
Algeria
Mexico
Angola
Norway
60000
50000
Life after pre-salt
1) According to statements made by Brazilian government officials and Petrobras' CEO, the potential reserves of the recently discovered pre-salt area in Brazil could be as large as
70-100 bn boe
2) Our internal analysis, when only taking into account high- and medium-probability blocks* from the Santos Basin, arrives at minimum of 40 bn boe in pre-salt reserves.
3) IEA World Energy Outlook 2008 worldwide proven and probable (2P) reserves used as a proxy as the BP estimates did not provide a split into onshore and offshore
10000
0
ESBL
1955
1957
1959
-
1961
1963 T
1965
1967
-
6961
1971
1973
SLB
19771
1979-
сод
1961
985
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