Pennington Light Crude Oil

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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.


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