• Production Unit

    FPSO Frade

  • Water depth

    1050m a 1300m

  • Type of platform

    Floating

  • Reserves (2025)

    118 mi bbl

  • People on board

    171

  • Lifespan extension*

    18 years

  • Distance from the coast

    108 km

  • Tieback

    Wahoo Field (conclusion in 2025)

  • *Based on Reserves Certification (2025)

About Frade Field

  • We acquired a stake in the field in 2019, and concluded the purchase in 2020
  • It currently produces 41,000 barrels a day, on average
  • It is operated by FPSO Valente with a processing capacity of 100 thousand barrels per day and storage of up to 1.5 million barrels.
  • The FPSO Valente is connected to Brazil’s national gas pipeline network and being able to sell the gas produced or purchase gas in order to meet the demands of the field
Curiosities

40,6 thousand

Daily production (boepd) 4Q24

3,5 mi

Oil sales (bbl) in 4Q24