List of crude oil products
In the international petroleum industry, crude oil products are traded on various oil bourses based on established chemical profiles, delivery locations, and financial terms. The chemical profiles, or crude oil assays, specify important properties such as the oil's API gravity. The delivery locations are usually sea ports close to the oil fields from which the crude was obtained (and new fields are constantly being explored), and the pricing is usually quoted based on F.O.B. (free on board, without consideration of final delivery costs).
Benchmarks
Main article: Benchmark (crude oil)
The three most quoted oil products are North America's West Texas Intermediate crude (WTI), North Sea Brent Crude, and the UAE Dubai Crude, and their pricing is used as a barometer for the entire petroleum industry, although, in total, there are 46 key oil exporting countries. Brent Crude is typically priced at about $2 dollars over the WTI Spot price, which is typically priced $5 to $6 dollars above the EIA's Imported Refiner Acquisition Cost (IRAC) and OPEC Basket prices.
Although crude oil assays evaluate various chemical properties of the oil, the two most important properties determining a crude's value are its density (measured as API specific gravity) and its sulphur content (measured per mass). Crude oil is considered "heavy" if it is high in wax content, or "light" if low in wax content: an API gravity of 34 or higher is "light", between 31-33 is "medium", and 30 or below is "heavy". Crude is considered "sweet" if it is low in sulphur content (< 0.5%/weight), or "sour" if high (> 1.0%/weight). Generally, the higher the API gravity (the "lighter" it is), the more valuable the crude.
List of crude oil products
| Product name | API gravity | Sulphur content (as % of mass) | Operating company | Location of field | Port of sale |
|---|---|---|---|---|---|
| Abu Bukhoosh | 31.6° | 2.0% | Abu Dhabi | Abu al-Bukhoosh | |
| Agbami | 47.2° | 0.044% | Chevron | Nigeria | offshore |
| Aktobe | 41.6° | 0.73 | Kazakhstan | Novorossiysk | |
| Al Shaheen | 26.51° | 2.49% | Qatar | Al Shaheen Platform | |
| Al-Jurf | 30.0° | 1.90% | Libya | Farwah FPSO | |
| Alaska North Slope | 31.9° | 0.93% | United States | Alaska Marine Terminal | |
| Alba (Equatorial Guinea) | 53.0° | 0.02% | Equatorial Guinea | Punta Europa | |
| Alba (U.K.) | 19.4° | 1.24% | Chevron | United Kingdom | offshore |
| Albian Heavy (Athabasca) | 19.6° | 2.10% | Canada | ||
| Algerian Condensate | 68.7° | 0.001 | In Amenas Joint Venture: Sonatrach, BP and Statoil | Algeria | Bejaia |
| Amenam Blend | 38.2° | 0.12% | Nigeria | ||
| Amenam/Mars Blend | 33.5° | 0.94% | Nigeria | ||
| Ameriven-Hamaca | 26° | 1.55% | Venezuela | Puerto José | |
| Amna | 36° | 0.17% | Libya | ||
| Anasuria | Shell | United Kingdom | FPSO Anasuria[1] | ||
| Antan Blend | 26.4° | 0.27% | Nigeria | Knock Taggart FPSO/Antan Terminal | |
| Arab Extra Light | 39.4 | 1.09% | Saudi Arabia | ||
| Arab Heavy | 27.7 | 2.87% | Saudi Arabia | ||
| Arab Light | 32.8 | 1.97% | Saudi Arabia | ||
| Arab Light / Seg 17 Blend | 32.1 | 2.19% | United States | ||
| Arab Medium | 30.2 | 2.59% | Saudi Arabia | ||
| Arab Super Light | |||||
| Arab Super Light Ardjuna | |||||
| Arun Condensate | |||||
| Åsgard Blend | 50.5° | 0.07% | Statoil | Norway | offshore |
| Attaka | |||||
| Azadegan | |||||
| Azeri BTC | 36.1° | 0.14% | BP | Azerbaijan | Ceyhan, Turkey |
| Azeri Light | 34.8° | 0.15% | BP | Azerbaijan | Supsa Terminal, Georgia |
| BCF-17 | 16.5° | 2.53% | Venezuela | La Salina | |
| Bạch Hổ | 33.8° | 0.08% | Vietnam | ||
| Bachaquero 17 | 17° | Venezuela | |||
| Bachaquero 24 | 24° | Venezuela | |||
| Balder | 30.1° | 0.48% | Norway | Balder FPSO | |
| Baobab | 23° | 0.39-0.46% | Ivory Coast | Baobab FPSO | |
| Basrah Blend | |||||
| Basrah Light | 30.5° | 2.90% | Iraq | ||
| Basrah Light/Mesa 30 Blend (35/65) | 30.5° | 1.63% | Iraq/USAIraq/USA | ||
| Bayou Choctaw Sour | 32.2° | 1.43% | United States | ||
| Bayou Choctaw Sweet | 36.0° | 0.36% | United States | ||
| Bayu Undan | 55.9° | 0.07% | Australia/East Timor | Liberdade FSO | |
| Belanak | 47.8° | 0.02% | Indonesia | Belanak FPSO | |
| Belayim Blend | 27.5 | 2.40% | Egypt | Wadi Feiran | |
| Belida | |||||
| Benchamas | |||||
| Beryl | 37.5 | 0.42% | United Kingdom | Beryl | |
| Bintulu Condensate | 69.3 | 0.03% | Malaysia | Bintulu | |
| Bonga | 29.1 | 0.26% | Nigeria | Bonga FPSO | |
| Bonito Sour | 35.5° | 0.99% | United States | ||
| Bonny Light | 33.4° | 0.16% | Nigeria | ||
| Bontang Condensate | |||||
| Boscan | 10.1° | 5.70% | Venezuela | Bajo Grande | |
| Bouri | 26.3° | 1.91% | Libya | Bouri | |
| Bow River | 24.7 | 2.10% | Canada | ||
| Brass River | 0.14% | Nigeria | |||
| Brega | 39.8° | 0.20% | Libya | Marsa El Brega | |
| Brent Blend | 38.3° | 0.37% | United Kingdom | ||
| Brunei Light | |||||
| CPC Blend | |||||
| Cabinda | 32.4° | 0.13% | Angola | ||
| Canadian Par | 40° | Canada | |||
| Canadon Seco | |||||
| Cano Limon | 29.2° | 0.50% | Colombia | Covenas | |
| Captain | 19.2° | 0.70% | United Kingdom | Captain FPSO | |
| Ceiba | 29.9° | 0.57% | Equatorial Guinea | Sendje Ceiba FPSO | |
| Cepu | 32° | 0.15% | Indonesia | Cepu FSO | |
| Cerro Negro | 16° | 3.34% | Venezuela | Puerto José | |
| Champion | 28.7° | 0.13% | Brunei | Seria | |
| Chinguetti | 28.3° | 0.49% | Mauritania | Berge Helene FPSO | |
| Cinta | 31.1° | 0.09% | Indonesia | Cinta | |
| Clair | 23.7° | 0.44% | United Kingdom | Sullom Voe | |
| Cold Lake | 21.2° | 3.70% | Canada | Westridge Terminal | |
| Cossack | 47.7° | 0.05% | Australia | Cossack Pioneer FPSO | |
| Cusiana | 43.1° | 0.14% | Colombia | ||
| DUC | 33.6° | 0.26% | Denmark | Fredericia | |
| Dalia | 23.6° | 0.51% | Total S.A. | Angola | offshore |
| Daqing | 32.2° | 0.11% | China | Dairen (Dalian) | |
| Dar Blend | 26.42° | 0.12% | Sudan | Al-Khayr | |
| Djeno | 27.0° | 0.47% | Congo (country) [disambiguation needed] | ||
| Doba | 21.1° | 0.10% | Chad | Kome Kribi 1 FSO | |
| Doroud | 34° | 2.5% | Iran | Kharg Island | |
| Draugen | 39.9° | 0.15% | Shell Oil Company | Norway | offshore |
| Dubai | 31° | 2.0% | |||
| Dukhan | 41.1° | 1.22% | Qatar | Umm Said | |
| Dulang | 37.6° | 0.05% | Malaysia | Dulang FSO | |
| Duri | 20.8° | 0.20% | Indonesia | Dumai | |
| EA Crude | 35.1° | 0.08% | Nigeria | ||
| East MS Mix | 30.9 | 2.10% | United States | ||
| Ekofisk Blend (Norway) | 37.2° | 0.23% | Norway | ||
| Ekofisk Blend | 37.5° | 0.23% | ConocoPhillips | United Kingdom | Teesside |
| El Sharara | 43.1° | 0.07% | Libya | Zawia terminal | |
| Enfield | 21.7° | 0.13% | Australia | Nganhurra FPSO | |
| Erha | 31.8° | 0.21% | Nigeria | Erha FPSO | |
| Es Sider | 37° | WAHA OIL COMPANY | Libya | Es-Sidra port | |
| Escalante | 24.1° | 0.19% | Argentina | Comodoro Rivadavia | |
| Escravos | 34.2° | 0.17% | Nigeria | ||
| ESPO blend | 34.8° | 0.62% | Russia | Kozmino | |
| Eugene Island | 34.3° | 1.18% | United States | ||
| Fateh | 30.4° | 2.13% | Dubai | Fateh [disambiguation needed] | |
| Fife | United States | ||||
| Flotta | 35.4° | 1.22% | United Kingdom | Flotta | |
| Foinaven | 26.6° | 0.40% | United Kingdom | ||
| Forcados (to Europe) | 30.8° | 0.16% | Nigeria | ||
| Foroozan Blend | 29.7° | 2.34% | Iran | Kharg Island | |
| Forties Blend | 40.3° | 0.56% | BP | United Kingdom | Hound Point |
| Fulmar | Shell | United Kingdom[2] | |||
| Furrial | 30.0° | 1.06% | Venezuela | ||
| Galeota Mix | 37.8° | 0.19% | Trinidad | ||
| Gippsland | 42° | Australia | |||
| Girassol | 29.9° | 0.32% | Total S.A. | Angola | offshore |
| Glitne | 32.9° | 0.50% | Statoil | Norway | offshore |
| Grane | 18.7° | 0.83% | Statoil | Norway | Sture terminal |
| Gryphon | |||||
| Gullfaks Blend | 37.5° | 0.22% | Statoil | Norway | offshore |
| Handil Mix | 43.9° | 0.05% | Indonesia | Senipah | |
| Hanze | Veba Oil | Netherlands[3] | |||
| Harding | 20.7° | 0.59% | United Kingdom | Cromarty Firth | |
| Heavy Hardisty | 22° | Canada | |||
| Heavy Louisiana Sweet | 32.9° | 0.35% | United States | ||
| Heidrun | 25.0° | 0.52% | Statoil | Norway | Mongstad terminal |
| Hibernia | 34.4° | 0.41% | Canada | ||
| Hungo Blend | 29.1° | 0.61% | ExxonMobil | Angola | Kizomba A FPSO offshore |
| Iran Heavy | 30.2° | 1.77% | Iran | Kharg Island | |
| Iran Light | 33.1° | 1.50% | Iran | Kharg Island | |
| Isthmus | 33.4° | 1.25% | Mexico | Dos Bocas, Salina Cruz | |
| Jasmine | |||||
| Jotun | |||||
| Karachaganak Condensate | 44.7° | 0.81% | Kazakhstan | Novorossiysk, Odessa | |
| Kashagan | 42-48° | 0.80% | Kazakhstan | Ceyhan | |
| Khafji | 28.5° | 2.85% | Saudi Arabian Neutral Zone | Ras al-Khafji | |
| Kikeh | 34.9° | 0.11% | Malaysia | Kikeh FPSO | |
| Kirkuk (Netback Price at U.S. Gulf) | 33.9° | 2.26% | Iraq | ||
| Kissanje Blend | 29.8° | 0.38% | ExxonMobil | Angola | Kizomba B FPSO offshore |
| Kitina | 36.4° | 0.11% | Congo (country) [disambiguation needed] | ||
| Kittiwake | |||||
| Kole | 32.1° | 0.33% | Cameroon | Kole | |
| Kuito | 19.0° | 0.68% | Angola | Kuito FPSO | |
| Kumkol | 41.2° | 0.11% | Kazakhstan | Yuzhnaya Ozereevka, Batumi | |
| Kutubu Blend | 46.6° | 0.04% | Papua New Guinea | Kumul | |
| Kuwait Blend | 30.2° | 2.72% | Kuwait | ||
| Labuan | 32.0° | 0.09% | Malaysia | Labuan | |
| Laguna | 10.9° | 5.4% | Petróleos de Venezuela S.A. | Venezuela | Puerto Miranda[2] |
| Laminaria | |||||
| LA Mississippi Sweet | 40.7° | 0.34% | United States | ||
| Lavan Blend | 34.2 | 1.93% | Iran | Lavan Island | |
| Light Louisiana Sweet | 35.6° | 0.37% | United States | ||
| Lion Crude | 39.6° | 0.18% | Ivory Coast | ||
| Liuhua | |||||
| Liverpool Bay° | 45 | 0.21% | United Kingdom | Liverpool Bay Platform | |
| Lloyd Blend | 22° | Canada | |||
| Lower Zakum | 39.8 | 1.02% | BP | Abu Dhabi | Das Island |
| Lufeng | 33.3° | 0.06% | Statoil | China | offshore |
| MacCulloch | |||||
| Mandji | 30° | Gabon | |||
| Marib Light (Alif) | 48.9° | 0.07% | BP | Yemen[4] | |
| Marlim | 19.6 | 0.67% | Brazil | Marlim FPSO | |
| Mars Blend | 30.3° | 1.91% | United States | ||
| Mars/Mesa Blend (40/60) | 30.1° | 1.65% | Loop | ||
| Mars/Urals Blend (50/50) | 31.1° | 1.57% | United States | ||
| Masila | 31.4° | 0.54% | Yemen | Ash Shihr | |
| Maureen | |||||
| Maya | 21.8° | 3.33% | Mexico | Cayo Arcas, Salina Cruz | |
| Medanito | 34.9° | 0.48% | Argentina | Puerto Rosales | |
| Mediterranean Sidi Kerir (Heavy) | 30° | Iran | |||
| Mediterranean Sidi Kerir (Light) | 34° | Iran | |||
| Mesa 30 | 29.4° | 1.12% | Venezuela | ||
| Minas | 35.3° | 0.09% | Indonesia | Dumai | |
| Miri | 32.3° | 0.08% | Malaysia | Miri | |
| Mixed Blend Sweet | |||||
| Mondo | 28.8° | 0.44% | ExxonMobil | Angola | Mondo FPSO offshore |
| Murban | 40.2° | 0.79% | BP | Abu Dhabi | Jebel Dhanna |
| Naptha Koch | 57.8° | 0.11% | United States | ||
| N'kossa | 41.0° | 0.04% | Congo (country) [disambiguation needed] | N'Kossa | |
| NFC II | 57.95° | 0.23% | Qatar | Ras Laffan | |
| Northwest Shelf Condensate | 61.2° | 0.01% | Australia | Withnell Bay | |
| Nang Nuang | |||||
| Nanhai Light | 40.1° | 0.06% | China | Nan Hai Fa Xian FPSO | |
| Napo | 19° | 2% | Ecuador | Esmeraldas [disambiguation needed] | |
| Nemba | 40.9° | 0.18% | Angola | ||
| New Zafiro Blend | 29.5° | 0.26% | Equatorial Guinea | Serpentina FPSO | |
| Nile Blend | 33.9° | 0.06% | Sudan | Port Sudan | |
| Njord | 46.6° | 0.05% | Statoil | Norway | offshore |
| Norne | 30.8° | 0.22% | Statoil | Norway | offshore |
| Nowruz/Soroush | 18-19° | 3.4-3.5% | Iran | Kharg Island | |
| Odudu | 30.5° | 0.15% | Nigeria | ||
| Oguendjo | 27.3 | 1.50% | Gabon | ||
| Okono | 41.9° | 0.06% | Nigeria | ||
| Olmeca | 37.3° | 0.84% | Mexico | ||
| Oman Blend | 34° | 2.00% | Oman | ||
| Oriente | 24.1° | 1.51% | Ecuador | ||
| Ormen Lange condensate | 52.3° | 0.007% | Statoil | Norway | Nyhamna |
| Oseberg Blend | 37.8° | 0.27% | Statoil | Norway | Sture terminal |
| Ösgard Blend | |||||
| Oso Condensate | 45.7° | 0.06% | Nigeria | ||
| Palanca/Soyo Blend | 37.8° | 0.16% | Angola | ||
| Panyu | 28-32° | <0.25% | China | Panyu FPSO | |
| Peng Lai | 21.8° | 0.29% | China | Peng Lai FPSO | |
| Pennington | 35° | 0.08% | Nigeria | Pennington Terminal | |
| Petrozuata Heavy | 19.5° | 2.69%[3] | PDVSA, Conoco[4] | Venezuela | |
| Pierce | |||||
| Plutonio | 32.6º | 0.39%[5] | BP | Angola | |
| Port Hudson | 45.0° | 0.05% | United States | ||
| Poseidon Streams | 29.6° | 1.97% | BP | United States | Houma [disambiguation needed][6] |
| Premium Albian | 35.5° | 0.04% | Canada | ||
| Qatar Marine | 35.8° | 1.47% | Qatar | Halul Island | |
| Qua Iboe | 36.3° | 0.14% | Nigeria | ||
| Rabi Light | 37.7° | 0.15% | Gabon | ||
| Rang Dong | 37.7° | 0.05% | Vietnam | Rang Dong FPSO | |
| Rincon | 35.8° | 0.39% | Argentina | San Vincente, Chile | |
| Rio Grande do Norte | 29.5° | 0.33% | Brazil | ||
| Ross | |||||
| Saharan Blend | 45° | 0.09% | Algeria | ||
| Santa Barbara | 39.5° | 0.49% | Venezuela | ||
| Sarir | 37.6° | 0.16% | Libya | Marsa El Hariga | |
| Saudi Arabia Heavy | 27° | Saudi Arabia | |||
| Saudi Arabia Light | 34° | Saudi Arabia | |||
| Saudi Arabia Medium | 31° | Saudi Arabia | |||
| Saxi Batuque Blend | 32.8° | 0.32% | ExxonMobil | Angola | Saxi Batuque FPSO offshore |
| Schiehallion Blend | 25.5° | 0.47% | BP | United Kingdom | Sullom Voe |
| Senipah | 51.9° | 0.03% | Indonesia | Senipah | |
| Seria Light | 36.2° | 0.08% | Brunei | ||
| Seria Light Export | |||||
| Shah Deniz Condensate | 47° | 0.03% | Azerbaijan | Ceyhan | |
| Shengli | 24.2° | 0.84% | China | Qingdao | |
| Siberian Light | 35.1° | 0.57% | Russia | Tuapse | |
| Sincor | 30-32° | 0.13% | Venezuela | Puerto José | |
| Siri | 38.1° | 0.22% | Denmark | Siri [disambiguation needed] | |
| Sirri | 33.4° | 1.81% | Iran | Sirri Island | |
| Sirtica | 42.2° | 0.40% | Libya | Marsa El Brega | |
| Sleipner Condensate | 62.0° | 0.02% | Statoil | Norway | Kårstø |
| Snorre | |||||
| Snøhvit Condensate | 60.1° | 0.019% | Statoil | Norway | Melkøya |
| Sokol (Sakhalin I) | 37.9° | 0.23% | Russia | DeKastri | |
| Souedieh | 24.1° | 3.90% | Syria | Banias, Tartous | |
| South Arne | 37.71° | 0.21% | Denmark | ||
| Southern Green Canyon | 30.4° | 2.24% | United States | Port Arthur, Texas and Texas City, Texas | |
| South Louisiana Sweet | 35.9° | 0.33% | United States | ||
| Statfjord | 39.1° | 0.22% | Statoil | Norway | offshore |
| Su Tu Den (Black Lion) | 36° | 0.04% | ConocoPhillips[7] | Vietnam | Su Tu Den Terminal |
| Suez Blend | 30.8° | 1.49% | Egypt | Ras Shukheir | |
| Syncrude Sweet Blend | 30.5-33.6° | 0.07-0.13% | Canada | ||
| Syrian Light | 37.7° | 0.74% | Syria | Banias, Tartous | |
| Tapis Blend | 45.2° | 0.03% | Malaysia | Tapis | |
| Tempa Rossa | |||||
| Tengiz | |||||
| Terra Nova | 33.2 | 0.48% | Canada | Whiffen Head | |
| Thamama Condensate | 58.4° | 0.11% | Abu Dhabi | Jebel Dhanna | |
| Tia Juana Heavy | 11° | 2.66% | Venezuela | Punta Cardon | |
| Tia Juana Light | 31.9° | 1.18% | Venezuela | La Salina | |
| Triton | 37.5° | 0.32% | United Kingdom | Triton FPSO | |
| Troll Blend | 31.1° | 0.21% | Statoil | Norway | Mongstad terminal |
| Turkmen Blend | 33.0° | 0.15-0.29% | Turkmenistan | Aladzha, Okarem | |
| Ukpokiti | 41.7° | 0.08% | Nigeria | ||
| Umm Shaif | 36.5° | 1.39 | Abu Dhabi | Das Island | |
| Upper Zakum | 32.9° | 1.78% | Abu Dhabi | Das Island | |
| Urals (to Mediterannean) | 31.7° | 1.35% | Russia / C.I.S. | ||
| Urucu | 42.1° | Brazil | |||
| Varg | 37.9° | 0.23% | Talisman | Norway | offshore |
| Vasconia | 24.5° | 1.01% | Colombia | ||
| Vityaz (Sakhalin II) | 34.6° | 0.22% | Russia | Molikpaq-Prigorodnoye | |
| Volve | 27.9° | 1.8% | Statoil | Norway | offshore |
| Wafra | 24.5° | 3.80% | Saudi Arabian Neutral Zone | Mina Saud | |
| West Seno | 38° | 0.12% | Indonesia | Santan [disambiguation needed] | |
| West Texas Intermediate | 39.6° | 0.24% | United States | Cushing, Oklahoma | |
| West Texas Sour | 31.7° | 1.28% | United States | Midland, Texas | |
| Western Canada Select | 20.3° | 3.43% | Canada | Hardisty | |
| White Rose | 29.8° | 0.32% | Canada | SeaRose FPSO | |
| Widuri | 33.2° | 0.07% | Indonesia | Widuri | |
| Williams Sugarland Blend | 40.9° | 0.20% | United States | ||
| Wytch Farm | BP | United Kingdom | Hamble [disambiguation needed] | ||
| Xikomba | 34.7° | 0.39% | ExxonMobil | Angola | offshore |
| Yoho Crude | 39.3° | 0.08% | Nigeria | ||
| Zakum | 40.2° | 1.01% | Abu Dhabi[5] | Das Island | |
| Zarzaitine | 42.8° | 0.06% | Algeria[6] | La Skhirra, Tunisia | |
| Puerto José | 32° | 0.13% | Total S.A. | Venezuela[7] | Jose terminal |
| Zueitina | 41.5° | 0.31% | Libyan Arab Jamahiriya[8][9] | Zueitina, Libya |
Sources
- U.S. Energy Information Administration: World Crude Oil Prices
- BP Crude Grades
- Intertek: Crude Oil Grades and Types
- MeGlobalOil: Carriage of Heavy Grade Oil
- Statoil.com: Crude oil assays
- EnergyIntel.com: The Crude Oils and their Key Characteristics
- Capline system crude oil properties and quality indicators
References
- ↑ "Anasuria - FPSO Vessel". ship-technology.com. http://www.ship-technology.com/projects/anasuria/anasuria5.html. Retrieved 2008-09-11.
- ↑ from Genesis Capital Management Group, Ltd. at [1]
- ↑ "Tariff classification of Petrozuata Heavy synthetic crude oil from Venezuela". United States International Trade Commission Rulings And Harmonized Tariff Schedule. 2005-04-11. http://www.faqs.org/rulings/rulings2005NYL83625.html. Retrieved 2008-09-11.
- ↑ "Petrozuata Pipeline and Upgrader Plant, Venezuela". hydrocarbons-technology.com. http://www.hydrocarbons-technology.com/projects/petrozuata. Retrieved 2008-09-11.
- ↑ "Plutonio". bp.com. http://www.bp.com/sectiongenericarticle.do?categoryId=9018172&contentId=7032776. Retrieved 2008-09-11.
- ↑ "Poseidon Streams". bp.com. http://www.bp.com/extendedsectiongenericarticle.do?categoryId=16002780&contentId=7020199. Retrieved 2008-09-11.
- ↑ "Vietnam sees 60,000 bpd new Su Tu Den crude by 2009". Reuters. 2007-10-09. http://www.reuters.com/article/companyNewsAndPR/idUSHAN8444420071010. Retrieved 2008-09-11.
