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PetroBras
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January 2024 Deep Dive Presentation
| Sergio Caetano Leite | Page 36 of 11 |
April 27, 2024
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"January 2024 Deep Dive Presentation"
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We already have a long track record facing decline in the Marlim field, and the knowledge we obtained is helping us in other fields... — • The continuous reservoir management actions and search for new opportunities reflect the effort to maximize the field value and to increase its recovery factor over the years • Current cumulative recovery factor of around 40% with expectation to exceed 50% at the end of field’s life 0 25 50 75 100 0 200 400 600 1990 2000 2010 2020 Recovery factor (%) Oil production (kbpd) Revitalization – concept and approval of the projects Implementation of definitive production systems and start of water injection Implementation of complementary projects Pilot phase Oil production Expected recovery factor +30 p.p. 36 36