By Brazil Stock Guide – TotalEnergies SE (TTE) has started production at the Lapa Southwest development in Brazil’s pre-salt Santos Basin, expanding output from the Lapa field located about 300 kilometers offshore.
The French energy company operates the project with a 48% stake, alongside Shell Plc (SHEL) and Repsol Sinopec Brasil, which each hold 25% interests in the development.
The project includes three wells tied back to an existing floating production, storage and offloading unit (FPSO) already operating at the Lapa field. The additional wells are expected to increase production by about 25,000 barrels of oil per day.
“The start of operations represents another important milestone for TotalEnergies in Brazil,” Nicolas Terraz, president of exploration and production at TotalEnergies, said in a statement.
“This project, which leverages available capacity in existing facilities, delivers low-cost and low-emission oil production aligned with our company’s strategy,” he added.
The startup supports the company’s broader target of increasing production by around 3% annually through 2030.
TotalEnergies has been expanding its presence in Brazil’s pre-salt region in recent years. The company launched production at the Mero-4 project in May 2025 and previously announced the upcoming startups of Atapu-2 and Sépia-2, both expected to begin operations by 2029.
Brazil’s Santos Basin remains one of the world’s most significant deepwater oil provinces, attracting major international producers seeking long-term growth in offshore output.
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