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)
January 18

31.8%

430.3
February 18 30.1% 452.7
March 18 30.0% 446.7
April 18 30.7% 433.2

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 2018 is shown below:

 Week No. Actual % Buzzard
1 Q 2018 1 1 January to 7 January  32%
  2 8 January to 14 January  26%
       

FPS will endeavour to update the above information on a weekly basis. To view previous quarters for 2010 to 2017 please use the links below:

Previous 2017 Quarters (PDF 86 KB)

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)