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Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
$ in Thousands
Taxes
Royalties
Fees
Prod. Entitlements
 [2]
Bonuses
Comm. Social Resp.
Total Payments
Total [1] $ 298,680 $ 12,469,329 $ 81,178 $ 1,420,630 $ 152,072 $ 51,835 $ 14,473,724
Santos Basin Offshore Rio de Janeiro              
Total [1],[3]   9,623,159 9,904 1,354,006   29,151 11,016,220
Campos Basin Offshore Rio de Janeiro              
Total [1],[3]   1,365,129 30,417 697 109,748 17,583 1,523,573
Santos Basin Offshore São Paulo              
Total [1],[3]   641,718 3,376 $ 65,927 40,930 4,552 756,504
Campos Basin Offshore Espírito Santo              
Total [1],[3]   663,505 2,538       666,043
Espírito Santo Basin Offshore Espírito Santo              
Total [1],[3]   5,849 3,209     $ 549 9,607
Camamu Basin Offshore Bahia              
Total [1],[3]   2,005 889       2,895
Potiguar Basin Offshore Rio Grande do Norte              
Total [1],[3]   900 1,475       2,375
Sergipe Basin Offshore Sergipe              
Total [1],[3]     2,005       2,005
Jequitinhonha Basin Offshore Bahia              
Total [1],[3]     869       869
Pará-Maranhão Basin Offshore Pará              
Total [1],[3]     532       532
Ceará Basin Offshore Ceará              
Total [1],[3]     353       353
Barreirinhas Basin Offshore Maranhão              
Total [1],[3]     267       267
Foz Do Amazonas Basin Offshore Amapá              
Total [1],[3]     131       131
Solimões Basin Onshore Amazonas              
Total [1],[3]   109,208 587       109,795
Potiguar Basin Onshore Rio Grande do Norte              
Total [1],[3]   19,214 23,088       42,303
Recôncavo Basin Onshore Bahia              
Total [1],[3]   17,386 710       18,096
Espírito Santo Basin Onshore Espírito Santo              
Total [1],[3]   3,020 115       3,135
Sergipe Basin Onshore Sergipe              
Total [1],[3]   667 570       1,237
Paraná Basin Onshore Paraná              
Total [1],[3]     $ 145       145
Entity Level Payment Petróleo Brasileiro S.A.              
Total [1],[3],[4] $ 298,680 $ 17,569         316,249
Bloque San Antonio Onshore Tarija              
Total [1],[3]         467   467
XX Tarija Oeste Onshore Tarija              
Total [1],[3]         311   311
Colpa Caranda Onshore Santa Cruz              
Total [1],[3]         249   249
Bloque San Alberto Onshore Tarija              
Total [1],[3]         218   218
San Telmo Norte Onshore Santa Cruz              
Total [1],[3]         $ 149   $ 149
[1] All the Petrobras' projects refer the commercial development of oil and natural gas, in the E&P segment, using the well extraction method.
[2] In-kind production entitlements are presented at fair market value, which is calculated based on the volume the Brazilian Federal Government is entitled to, valued at the average Brent oil price for the year, pursuant to the production sharing regime adopted in Brazil for the exploration and production of oil, natural gas, and other fluid hydrocarbons in the Pre-Salt Polygon and/or strategic areas, and as established by Law 12,351/2010, particularly in articles 2(III), 15(III), 18, and 29(VII).
[3] The payments of Petrobras in Brazil are made in Reais (BRL), while in Bolivia in Bolivianos (BOL). All payments in this Report are reported in US Dollars, which have been translated based on the exchange rate as of December 31, 2023 (Brazilian Real/US Dollar 4.84 and Boliviano/US Dollar 6.82).
[4] It is not attributable to projects individually. Taxes refer to the export tax levied on crude oil exports. Royalties refer to the agreement with ANP relating to the amount due by the shale industrialization unit SIX (divested in 2022). This agreement will be paid in installments until 2027.