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 CNOOC, 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) |
|---|---|---|
| December 21 | 23.5% | 308.3 |
| January 22 | 26.9% | 315.8 |
| February 22 | 27.0% | 310.1 |
| March 22 | 22.7% | 284.7 |
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) |
|---|---|---|
| 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, January 2020
The proportion of Buzzard oil entering the FPS System for 2021 is shown below:
| QUARTER | WEEK NO. | DATE | ACTUAL % BUZZARD |
|---|---|---|---|
| 1Q 2021 | 1 | 4 January to 10 January | 23% |
| 2 | 11 January to 17 January | 26% | |
| 3 | 18 January to 24 January | 29% | |
| 4 | 25 January to 31 January | 28% | |
| 5 | 1 February to 7 February | 27% | |
| 6 | 8 February to 14 February | 30% | |
| 7 | 15 February to 21 February | 26% | |
| 8 | 22 February to 28 February | 21% | |
| 9 | 1 March to 7 March | 16% | |
| 10 | 8 March to 14 March | 23% | |
| 11 | 15 March to 21 March | 22% | |
| 12 | 22 March to 28 March | 26% | |
| 2Q 2021 | 13 | 29 March to 4 April | 34% |
| 14 | 5 April to 11 April | 19% | |
| 15 | 12 April to 18 April | 31% | |
| 16 | 19 April to 25 April | 26% | |
| 17 | 26 April to 2 May | 24% | |
| 18 | 3 May to 9 May | 24% | |
| 19 | 10 May to 16 May | 26% | |
| 20 | 17 May to 23 May | 3% | |
| 21 | 24 May to 30 May | 0% | |
| 22 | 31 May to 6 June | 0% | |
| 23 | 7 June to 13 June | 0% | |
| 24 | 14 June to 20 June | 0% | |
| 25 | 21 June to 27 June | 0% | |
| 3Q 2021 | 26 | 28 June to 4 July | 42% |
| 27 | 5 July to 11 July | 50% | |
| 28 | 12 July to 18 July | 41% | |
| 29 | 19 July to 25 July | 20% | |
| 30 | 26 July to 1 August | 29% | |
| 31 | 2 August to 8 August | 32% | |
| 32 | 9 August to 15 August | 27% | |
| 33 | 16 August to 22 August | 27% | |
| 34 | 23 August to 29 August | 26% | |
| 35 | 30 August to 5 September | 26% | |
| 36 | 6 September to 12 September | 26% | |
| 37 | 13 September to 19 September | 28% | |
| 38 | 20 September to 26 September | 26% | |
| 4Q 2021 | 39 | 27 September to 3 October | 25% |
| 40 | 4 October to 10 October | 25% | |
| 41 | 11 October to 17 October | 28% | |
| 42 | 18 October to 24 October | 27% | |
| 43 | 25 October to 31 October | 26% | |
| 44 | 1 November to 7 November | 25% | |
| 45 | 8 November to 14 November | 25% | |
| 46 | 15 November to 21 November | 25% | |
| 47 | 22 November to 28 November | 25% | |
| 48 | 29 November to 5 December | 26% |
FPS will endeavour to update the above information on a weekly basis. To view previous quarters for 2010 to 2020 please use the links below:
Previous 2020 Quarters (PDF 102 KB) Previous 2019 Quarters (PDF 90 KB) Previous 2018 Quarters (PDF 86 KB) 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)
Impact on Forties Blend crude oil quality during the 2021 summer field and FPS Maintenance season
During the Summer, operators of platforms in the North Sea often take the opportunity of the favourable weather period to perform routine maintenance on their equipment. This can result in individual fields reducing crude production or being taken off-line. This year a number of platforms are expected to undergo planned outages mainly during the planned FPS May/June outage in addition to the more traditional North Sea August and September periods which will result in further changes to the Blend oil quality.
The production rate from the Buzzard field is expected to vary this Summer, and a number of other fields are being taken off-line. This will vary the percentage of Buzzard crude in the Blend and cause the Forties Blend sulphur and API gravity to fluctuate. The charts below show the projected API gravity and sulphur levels of Forties Blend for this maintenance period.
Sulphur levels of Forties Blend:
The API gravity:
This data is based on the forecast production rates and qualities for fields supplied by each FPS shipper to the FPS operator. As new forecasts are provided by FPS shippers, we will update the projected Forties Blend quality information.
As individual platforms come back online through August and September, we expect the Forties Blend quality to revert back to a steady quality of approximately 0.65% sulphur and an API of 41.0º.