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Payments, by Project - 12 months ended Dec. 31, 2024 - USD ($)
$ in Thousands
Taxes
Royalties
Fees
Prod. Entitlements
[2]
Bonuses
Comm. Social Resp.
Total Payments
Total [1] $ 1,680 $ 9,962,579 $ 42,449 $ 2,337,038 $ 20,225 $ 43,047 $ 12,407,018
Santos basin Offshore Rio de Janeiro              
Total [1],[3]   8,022,401 8,490 2,247,693   28,954 10,307,538
Campos basin Offshore Rio de Janeiro              
Total [1],[3]   805,921 21,762 872   13,144 841,699
Campos basin Offshore Espírito Santo              
Total [1],[3]   628,825 2,056       630,881
Santos basin Offshore São Paulo              
Total [1],[3]   387,827 2,238 $ 88,473     478,538
Pelotas basin Offshore Rio Grande do Sul              
Total [1],[3]         18,797   18,797
Sergipe basin Offshore Sergipe              
Total [1],[3]     1,604       1,604
Potiguar basin Offshore Rio Grande do Norte              
Total [1],[3]   695 803       1,498
Camamu basin Offshore Bahia              
Total [1],[3]   399 104     245 748
Espírito Santo basin Offshore Espírito Santo              
Total [1],[3]     163     462 625
Pará-Maranhão basin Offshore Pará              
Total [1],[3]     432       432
Ceará basin Offshore Ceará              
Total [1],[3]     281       281
Barreirinhas basin Offshore Maranhão              
Total [1],[3]     217       217
Santos basin Offshore Santa Catarina              
Total [1],[3]           195 195
Foz do Amazonas basin Offshore Amapá              
Total [1],[3]     104     $ 47 151
Solimões basin Onshore Amazonas              
Total [1],[3]   81,229 304       81,533
Recôncavo basin Onshore Bahia              
Total [1],[3]   22,581 503       23,084
Potiguar basin Onshore Rio Grande do Norte              
Total [1],[3]     3,276       3,276
Paraná basin Onshore Paraná              
Total [1],[3]     $ 112       112
Entity level payment Petróleo Brasileiro S.A.              
Total [1],[4]   $ 12,701         12,701
Bloque San Antonio Onshore Tarija              
Total [1],[3] 1       441   442
XX Tarija Oeste Onshore Tarija              
Total [1],[3]         319   319
Colpa Caranda Onshore Santa Cruz              
Total [1],[3]         292   292
Bloque San Alberto Onshore Tarija              
Total [1],[3]         224   224
San Telmo Norte Onshore Santa Cruz              
Total [1],[3]         $ 152   152
Entity level payment Petrobras Bolivia S.A.              
Total [1],[5] $ 1,679           $ 1,679
[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, 2024 (Brazilian Real/US Dollar 6.19 and Boliviano/US Dollar 6.96).
[4] It is not attributable to projects individually. These 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.
[5] It is not attributable to projects individually. These taxes are levied on sales revenues on the corporate level.