Pennington Light Crude Oil
Summary Information
- API: 33.7
- Sulphur Level: 0.11
- Country: Nigeria
- Location: Chevron-operated Pennington Terminal
- Source Fields:
Brief Description
- A medium light sweet crude produced in Nigeria
Distillation Yields
Product | %wt |
C1 to C4 | 0.71 |
Naphtha | 31.32 |
Kerosene | 15.86 |
Gas Oil | 24.14 |
Atmospheric Residue | 27.98 |
Other Specifications
- Acidity, 0.22 mg KOH/g
- Nickel, 1.96 mg/Kg
- Vanadium, 0.69 mg/Kg
Other Information
- It is loaded from the Chevron-operated Pennington Terminal, which can accommodate Very Large Crude Carrier (VLCC) loading. The typical cargo size is 950 thousand barrels but alternate cargo sizes can be arranged with advance planning. Typically, the cargoes are sold with pricing based off Brent (Dated) quotes. The production rate of the contributing fields is approximately 20 thousand barrels per day. Chevron has a 40% interest in the concession.
Links
page revision: 5, last edited: 10 Mar 2013 07:37