Frade is a producing heavy oil field located in deepwater in Brazil and is operated by Petro Rio Jaguar Petroleo. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block FR (Frade), with water depth of 4,687 feet. Buy the profile here.

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Field participation details

The field is owned by Prio.

Production from Frade

The Frade heavy oil field recovered 47.80% of its total recoverable reserves, with peak production in 2011. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052. The field currently accounts for approximately 1% of the country’s daily output.

About Petro Rio Jaguar Petroleo

Petro Rio Jaguar Petroleo Ltda is a Oil and Gas company that offers Exploration of oil and gas. The company is Headquartered in Rio De Janeiro, Brazil.

For more details on the Frade Heavy Oil Field, buy the profile here.

This content was updated on 14 May 2024

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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.