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 22 | 24.0% | 247.9 |
| January 23 | 25.9% | 249.0 |
| February 23 | 27.2% | 245.9 |
| March 23 | 19.4% | 227.7 |
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 2021
The proportion of Buzzard oil entering the FPS System for 2022 is shown below:
| QUARTER | WEEK NO. | DATE | ACTUAL % BUZZARD |
|---|---|---|---|
| 1Q 2022 | 1 | 3 January to 9 January | 23% |
| 2 | 10 January to 16 January | 21% | |
| 3 | 17 January to 23 January | 26% | |
| 4 | 24 January to 30 January | 28% | |
| 5 | 31 January to 6 February | 26% | |
| 6 | 7 February to 13 February | 26% | |
| 7 | 14 February to 20 February | 26% | |
| 8 | 21 February to 27 February | 27% | |
| 9 | 28 February to 6 March | 28% | |
| 10 | 7 March to 13 March | 28% | |
| 11 | 14 March to 20 March | 27% | |
| 12 | 21 March to 27 March | 28% | |
| 2Q 2022 | 13 | 28 March to 3 April | 30% |
| 14 | 4 April to 10 April | 28% | |
| 15 | 11 April to 17 April | 29% | |
| 16 | 18 April to 24 April | 28% | |
| 17 | 25 April to 1 May | 30% | |
| 18 | 2 May to 8 May | 31% | |
| 19 | 9 May to 15 May | 28% | |
| 20 | 16 May to 22 May | 10% | |
| 21 | 23 May to 29 May | 19% | |
| 22 | 30 May to 5 June | 21% | |
| 23 | 6 June to 12 June | 11% | |
| 24 | 13 June to 19 June | 23% | |
| 25 | 20 June to 26 June | 31% | |
| 3Q 2022 | 26 | 27 June to 3 July | 28% |
| 27 | 4 July to 10 July | 27% | |
| 28 | 11 July to 17 July | 27% | |
| 29 | 18 July to 24 July | 27% | |
| 30 | 25 July to 31 July | 30% | |
| 31 | 1 August to 7 August | 46% | |
| 32 | 8 August to 14 August | 31% | |
| 33 | 15 August to 21 August | 29% | |
| 34 | 22 August to 28 August | 30% | |
| 35 | 29 August to 4 September | 35% | |
| 36 | 5 September to 11 September | 29% | |
| 37 | 12 September to 18 September | 23% | |
| 38 | 19 September to 25 September | 21% | |
| 39 | 26 September to 2 October | 30% | |
| 4Q 2022 | 40 | 3 October to 9 October | 29% |
| 41 | 10 October to 16 October | 28% | |
| 42 | 17 October to 23 October | 25% | |
| 43 | 24 October to 30 October | 24% | |
| 44 | 31 October to 6 November | 28% | |
| 45 | 7 November to 13 November | 27% | |
| 46 | 14 November to 20 November | 26% | |
| 47 | 21 November to 27 November | 26% |
FPS will endeavour to update the above information on a weekly basis. To view previous quarters for 2010 to 2021 please use the links below:
previous 2021 quarters (PDF 99KB) 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 2022 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.
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.