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:
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.
|Date||Buzzard||Forties Blend unstabilised crude oil (thousands of barrels per day)|
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 % vol||API||Sul (%wt)|
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|
|1Q 2018||1||1 January to 7 January||32%|
|2||8 January to 14 January||26%|
|3||15 January to 21 January||33%|
|4||22 January to 28 January||34%|
|5||29 January to 4 February||29%|
|6||5 February to 11 February||33%|
|7||12 February to 18 February||31%|
|8||19 February to 25 February||30%|
|9||26 February to 4 March||29%|
|10||5 March to 11 March||33%|
|11||12 March to 18 March||32%|
|12||19 March to 25 March||32%|
|13||26 March to 1 April||30%|
|2Q 2018||14||2 April to 8 April||32%|
|15||9 April to 15 April||32%|
|16||16 April to 22 April||31%|
|17||23 April to 29 April||29%|
|18||30 April to 6 May||31%|
|19||7 May to 13 May||29%|
|20||14 May to 20 May|
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: