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Production Unit
FPSO Valente
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Water depth
1050 m a 1300 m
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Type of platform
Floating
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Reserves (2023)
120.1 mi bbl
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People on board
171
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Lifespan extension
18 years
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Distance from the coast
108 km
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Tieback
Wahoo Field (conclusion in 2025)
About Frade Field
- We acquired a stake in the field in 2019, and concluded the purchase in 2020
- It currently produces 60,000 barrels a day, on average
- It is operated by FPSO Valente with a processing capacity of 150 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
39,3 thousand
Daily production (boepd) 3Q24
3,7 mi
Oil sales (bbl) in 3Q24
No intruders here! The French angelfish is a territorial species that tends to settle on reefs and underwater structures, firmly defending and protecting its “home”.
They use natural shelters to avoid predators and ensure the preservation of their habitat. This characteristic is fundamental for the health of the reefs, as the French angelfish helps maintaining the ecological balance of these areas.
At Frade (French Angelfish) Field, we follow the same philosophy: our operations have a sound foundation and are guided by principles of efficiency and sustainability, always protecting the environment as much as possible. Like the fish, we protect our surroundings while working innovatively.