FORTIES BLEND QUALITY

The information provided herein is for information only and does not affect the rights or obligations of any party pursuant to applicable FPS Transportation and Processing Agreements or other agreements. The information provided herein is given in good faith but its accuracy is not warranted and INEOS FPS Limited and its affiliates will have no liability to any party arising out of or in connection with the provision of such information or any party's reliance upon it regardless or any negligence or breach of duty of INEOS FPS Limited or its affiliates.

Forties Blend crude oil changed in quality at the beginning of 2007 when crude oil from the Buzzard field began production through the FPS. Although there are over seventy other fields making up Forties Blend, Buzzard is now the largest component field and it has altered the hydrocarbon characteristics of the Blend.

A detailed assay for Forties Blend is published on www.ineos.com and can be accessed using the following link:

Forties Blend Assay

Buzzard is a medium gravity, sour crude with an API of 32.6º and a whole crude sulphur level of 1.44% wt. Distillation of the crude produces a yield structure similar to the Urals Blend exported to North West Europe. Buzzard is sour but is not otherwise poor in quality. The acidity is low with a Total Acid Number of 0.09 mgKOH/g. The pour point is + 6 degrees C and the metals levels reasonably low at 4.8 ppm wt nickel and 13.8 ppm wt vanadium.

We have based the information in this release on Buzzard assay data provided by Nexen, the Buzzard Operator, from appraisal wells drilled some time ago. As updated Buzzard assay data may become available and when such data has been provided to INEOS, we will update the information in the release accordingly. Indications to date are that production from the Buzzard field is consistent with the original assay.

The table below shows a prediction of the proportion of Buzzard oil in Forties Blend over the following 4 months.

We have prepared this using the information provided by Field Operators which INEOS has not overviewed. We cannot guarantee the accuracy of this information but it does represent the best information made available to the FPS operator by Field Operators. 

DateBuzzardForties Blend unstabilised crude oil (thousands of barrels per day)
November 2017 31.0% 460.3
December 2017 29.9% 471.3
January 2018 32.1% 433.9
February 2018 31.3% 441.9

FPS will endeavour to update the above information on a monthly basis. Please note that the Forties Blend is now showing unstabilised crude oil mbpd instead of stabilised crude oil, as the Buzzard % was taken in relation to unstabilised SCO.

The following table can be used to estimate the approximate properties of the Forties Blend based on the content of Buzzard Crude:

Buzzard % volAPISul (%wt)
0% 44 0.27%
5% 43.2 0.34%
10% 42.4 0.41%
15% 41.7 0.48%
20% 41 0.55%
25% 40.3 0.62%
30% 39.6 0.68%
35% 39 0.75%
40% 38.4 0.81%
45% 37.8 0.87%
50% 37.2 0.93%
55% 36.7 0.99%
60% 36.2 1.05%

The above table has been reviewed, May 2017

 

The proportion of Buzzard oil entering the FPS System for 2017 is shown below:

 Week No. Actual % Buzzard
1 Q 2017 1 2 January to 8 January 31%
  2 9 January to 15 January 32%
  3 16 January to 22 January 33%
  4 23 January to 29 January 30%
  5 30 January to 5 February 32%
  6 6 February to 12 February 32%
  7 13 February to 19 February 34%
  8 20 February to 26 February 33%
  9 27 February to 5 March 32%
  10 6 March to 12 March 31%
  11 13 March to 19 March 33%
  12 20 March to 26 March 36%
  13 27 March to 2 April 39%
2Q 2017 14 3 April to 9 April 20%
  15 10 April to 16 April 35%
  16 17 April to 23 April 32%
  17 24 April to 30 April 28%
  18 1 May to 7 May 32%
  19 8 May to 14 May 31%
  20 15 May to 21 May 33%
  21 22 May to 28 May 35%
  22 29 May to 4 June 32%
  23 5 June to 11 June 34%
  24 12 June to 18 June 34%
  25 19 June to 25 June 30%
  26 26 June to 2 July 31%
3Q 2017 27 3 July to 9 July 30%
  28 10 July to 16 July 33%
  29 17 July to 23 July 33%
  30 24 July to 30 July 22%
  31 31 July to 6 August 51%
  32 7 August to 13 August 55%
  33 14 August to 20 August 44%
  34 21 August to 27 August 44%
  35 28 August 3 September 40%
  36 4 September to 10 September 40%
  37 11 September to 17 September 40%
  38 18 September to 24 September 36%
  39 25 September to 1 October 32%
4Q 2017 40 2 October to 8 October 33%
  41 9 October to 15 October 32%
  42 16 October to 22 October 35%
  43 23 October to 29 October 36%
  44 30 October to 5 November 31%
  45 6 November to 12 November 31%

FPS will endeavour to update the above information on a weekly basis. To view previous quarters for 2010 to 2016 please use the links below:

Previous 2016 Quarters (PDF 133 KB)

Previous 2015 Quarters (PDF 146 KB)

Previous 2014 Quarters (PDF 69 KB)

Previous 2013 Quarters (PDF 69 KB)

Previous 2012 Quarters (PDF 77 KB)

Previous 2011 Quarters (PDF 77 KB)

Previous 2010 Quarters (PDF 76 KB)