Subsalt expected to propel Brazil to top five oil exporter by 2020

摘要

The rapid increase in subsalt production in Brazil will allow the country to emerge as a major oil exporter by 2020, Offshore Technology Reports said, noting that Brazil's oil production is expected to reach close to 5.2 million barrels per day (bpd) by 2020, making the country one of the top five oil exporters globally. A large part of this production growth is expected to come from the subsalt basins as the total subsalt oil production in Brazil is expected to reach 1.8 million bpd in 2020.