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Overview
Eocene, like our Ratawi crude, is produced from the Wafra, South Umm Gudair and South Fuwaris fields in the Partitioned Neutral Zone (PNZ) situated between Kuwait and the Kingdom of Saudi Arabia.
The current production is 78 thousand barrels per day. It is exported out of Mina Saud terminal in the Kuwait-controlled PNZ. Typical cargo size is between 300 thousand barrels and 400 thousand barrels, constrained by a draft restriction of 17.6 meters at the loading facility. Pricing of this grade is on Arab Heavy Far East basis for Far East destinations, IPE Brent (Bwave) for Mediterranean and NW Europe destinations and WTI-related for North American destinations.
Eocene is also low in nitrogen, low acidity, and low asphaltenes, and has relatively low metals in the residue.
Chevron's equity portion of Eocene comes from our long-term concession with the Kingdom of Saudi Arabia. Our equity interest is 50% of the total (270 thousand barrels per day) Ratawi and Eocene production.
Eocene is a heavy, high sulfur crude oil, similar in many respects to grades such as the Egyptian Gisum. It is suitable for asphalt manufacture.
Whole Crude Properties *
|
| Gravity, API° | 18.4 | 18.7 |
| Gravity SG | 0.9440 | 0.9422 |
| Sulfur, wt% | 4.00 | 3.97 |
| Total Nitrogen, ppm | | 2150 |
| Hydrogen, wt% | | 11.4 |
| Acid Number, mg KOH/g | 0.20 | 0.16 |
| Pour Point, °F / °C | -35 / -37 | -35 / -37 |
| Charact. Factor (K-FACTOR) | | 11.7 |
| Viscosity, cSt at 40°C (104°F) | 132 | |
| Viscosity, cSt at 50°C (122°F) | 78.6 | 78.6 |
| Vanadium, ppm | | 56 |
| Nickel, ppm | | 21 |
| MCR, wt% | | 10.2 |
| Ramsbottom Carbon, wt% | | 9.7 |
| Asphaltenes, (H.C7) wt% | | 6.4 |
* Disclaimer
While we believe that this assay is representative of the expected
commercial crude, it does not guarantee production quality, and users are solely responsible
for their use of the assay. No warranties are given regarding the assay accuracy or
any results from its use. Chevron does not warrant or make any representations
regarding the use or the results of the use of the foregoing opinion, information or
data in this site in terms of their correctness, accuracy, results, use,
quality, reliability, or otherwise.
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