To: DinoNavarre who wrote (206104 ) 11/15/2025 12:01:43 AM From: elmatador 5 RecommendationsRecommended By
Read Replies (2) | Respond to BRAZIL NOW PUMPS MORE OIL THAN MEXICO, VENEZUELA and COLOMBIA The chart below says it all. 2 regions Brazil and a single U.S. state (New Mexico) are now producing more crude oil than entire historic oil powers. And the implications for global supply, hashtag#OPEC strategy, and Western energy dominance are enormous. ???? Brazil • Just surged past 3.6 million barrels/day • Now producing more than Venezuela, Colombia, and Mexico combined • Powered by ultra-low-cost presalt fields with breakevens as low as $25/bbl ???? New Mexico (USA) • Producing nearly 2 million barrels/day • Up 10× since 2010 • Now on track to surpass major OPEC members like Algeria and Angola • Part of the Permian Basin, which alone produces more oil than Iraq ???? Mexico • Collapsing from 3.4 mbpd in the early 2000s to barely 1.6 mbpd • A warning sign for mature basins and chronic underinvestment ???? Venezuela • Once pumping 3.2 mbpd, now hovering around 0.8 mbpd • A cautionary tale of political decay and mismanagement ???? Colombia • Stagnating below 0.8 mbpd, no major new discoveries ???? Guyana • The rising star from zero to 0.6 mbpd in a few years • On track to hit 1.2 mbpd by 2028, becoming a top-10 global exporter • ExxonMobil ’s most lucrative offshore asset What this chart shows is a geopolitical shift ? hashtag#Brazil is becoming the non-OPEC powerhouse ? The U.S. shale machine is still rewriting the global supply curve ? hashtag#Guyana is emerging as the next hashtag#Qatar but for oil ? Old giants (Mexico, hashtag#Venezuela ) continue to fall from the map hashtag#Oil demand is STILL rising. Sanctions are hitting hashtag#Russia and Venezuela. In this world, production geography becomes a weapon. Is the next decade of oil dominance will be written in Rio de Janeiro, Houston, and Georgetown? linkedin.com
