๐—ฃ๐—ฅ๐—œ๐—ข ๐†๐ž๐ญ๐ฌ ๐†๐ซ๐ž๐ž๐ง ๐‹๐ข๐ ๐ก๐ญ ๐Ÿ๐จ๐ซ ๐–๐š๐ก๐จ๐จ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ข๐จ๐ง

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๐—ฃ๐—ฅ๐—œ๐—ข has received the Operating License (LO) from ๐—œ๐—•๐—”๐— ๐—” for the ๐—ช๐—ฎ๐—ต๐—ผ๐—ผ ๐—ณ๐—ถ๐—ฒ๐—น๐—ฑ, completing the final regulatory step before the first oil.

Last year, in March, ๐—ฃ๐—ฅ๐—œ๐—ข started a drilling campaign for the development of this asset in the ๐—–๐—ฎ๐—บ๐—ฝ๐—ผ๐˜€ ๐—•๐—ฎ๐˜€๐—ถ๐—ป. In total, four wells were drilled, the latest being 7-WAH-4D-ESS, spudded in early January 2026 by the Hunter Queen rig.

๐—ช๐—ฎ๐—ต๐—ผ๐—ผโ€™s production system was designed as a 35 km subsea tieback to the FPSO Valente, located in the ๐—™๐—ฟ๐—ฎ๐—ฑ๐—ฒ ๐—ณ๐—ถ๐—ฒ๐—น๐—ฑ. The unit has a processing capacity of 100,000 barrels of oil per day. Currently, Frade produces approximately 30,000 bopd, while ๐—ช๐—ฎ๐—ต๐—ผ๐—ผ is expected to add up to 40,000 bopd once fully operational.

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