• Production Unit

    FPSO Frade

  • Water depth

    1050m a 1300m

  • Type of platform

    Floating

  • Reserves (2026)

    232 mi bbl (Valente Cluster)

  • People on board

    171

  • Lifespan extension*

    18 years

  • Distance from the coast

    115 km

  • *Based on Reserves Certification (2026)

About Frade Field

  • We acquired a stake in the field in 2019, and concluded the purchase in 2020
  • 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

31,9 thousand

Average daily production in 1Q26

3,3 mi

Oil sales (bbl) in 1Q26

*The numbers refer to the production and sale of Oil from the Frade + Wahoo Cluster