THE PROPERTIES OF VENEZUELAN CRUDE OILS BY W. L. NELSON *, JOSE MARTORANO, B. **, and G. THERY FOMBONA *** Synopsis Venezuelan crude Distillate Fuel Oil. 0, 0, 1993-2019. 15 ppm and under Sulfur. 0, 0, 2009-2019 Kerosene-Type Jet Fuel. 0, 0, 0, 0, 2016-2019. Special Naphthas. 1993-2012 As of May 2018, Venezuela's crude oil production was 1.4 million barrels per day b/d), kerosene–type jet fuel (15,000 b/d), and residual fuel oil (14,000 b/d). Venezuela's oil revenues account for about 99 per cent of export earnings. Apart from Proven crude oil reserves (million barrels), 302,809. Proven natural gas Venezuela Crude Oil. Venezuela Crude Specifications. Anaco Wax | Mesa | Mesa 28 | Leona | Merey | Tia Juana Light. Furrial | BCF-24 | BCF-17 | Pilon Venezuela's Crude Oil: Production was reported at 760.000 Barrel/Day th in Feb 2020. This records an increase from the previous number of 756.000 Barrel/Day
Two important Venezuelan crude oils from Venezuela's Anzo tegui state have been assayed. Heavy Merey has an API gravity of 15° and contains 2.7 wt % sulfur, and Leona has an API gravity of 24° and a sulfur content of 1.5 wt %. Leona, discovered in 1938, has 29 producing wells.
13 Sep 2019 Independent refiners find various alternative heavy crude grades China taking less Venezuelan oil but finds other heavy crude suppliers. 29 Apr 2019 Crude oil of this type can also be used as a diluent for the dense oil of the Venezuelan deposits, facilitating its extraction and making possible 12 Sep 2019 Caracas scrambled to find new buyers and has looked to convert the crude upgraders – designed for making heavy grades preferred by US 1 Nov 2019 We've been asking experts on shipping routes and the types of crude oil Some of Venezuela's crude oil exports go to Europe, but most is 12 Feb 2019 Venezuelan crude oil production as of December stood at 1.25 million which are generally optimized to run heavier grades of crude oil.
Around four million people live in the capital, Caracas, and Spanish is the country’s official language. Venezuela’s oil revenues account for about 99 per cent of export earnings. Apart from petroleum, the country’s natural resources include natural gas, iron ore, gold, bauxite, diamonds and other minerals.
Venezuela’s crude oil production has been on a downward trend for two decades, but it has experienced significant decreases over the past two years. Crude oil production in Venezuela decreased from 2.3 million barrels per day (b/d) in January 2016 to 1.6 million b/d in January 2018.
4 Mar 2020 In 2018, the OPEC oil price per barrel was 69.78 U.S. dollars. Iran, Kuwait, Libya, Nigeria, Saudi Arabia, Venezuela, and the United Arab Emirates. Because there are many types and grades of oil, such benchmarks Average annual OPEC crude oil price from 1960 to 2020 (in U.S. dollars per barrel).
30 Jan 2019 Venezuela's heavy grades of crude are not easily replaced by lighter WTI. As a result, prices for competing streams of heavy oil have rallied as 31 Jan 2019 Medium and heavy sour crude grades are tight, and may continue to tighten if Venezuela crude is embargoed, he adds. Sour grades of oil have 28 Jan 2019 Venezuela is still among the top four suppliers of crude oil to the United to process the type of heavy grade crude that Venezuelan produces. 28 Jan 2019 Venezuela is still among the top four suppliers of crude oil to the US, to process the type of heavy grade crude that Venezuelan produces. 8 Feb 2019 Venezuela's oil company has found ways to weather sanctions and a dozen tankers filled with Venezuelan crude sat stranded across the 16 Jul 2018 Such success makes the sorry state of Venezuela's oil industry today, Crude production has tanked, hitting a 28-year low last fall when it dipped under 2 million barrels a day. But Chávez wasn't the type to let that stop him.
Venezuela might have to declare force majeure on its oil exports as production plunges and its ports are unable to ship enough crude. The ongoing meltdown in Venezuela’s oil sector could tighten
Venezuela’s Crude Oil: Exports data is updated yearly, averaging 1,562.037 Barrel/Day th from Dec 1980 to 2018, with 39 observations. The data reached an all-time high of 2,243.900 Barrel/Day th in 1998 and a record low of 825.900 Barrel/Day th in 1985. Two important Venezuelan crude oils from Venezuela's Anzo tegui state have been assayed. Heavy Merey has an API gravity of 15° and contains 2.7 wt % sulfur, and Leona has an API gravity of 24° and a sulfur content of 1.5 wt %. Leona, discovered in 1938, has 29 producing wells. Crude Oil Specifications . Home. Venezuela Crude Tia Juana Heavy | Laguna | Boscan. Colombian Crude. Rubiales Specs. Information. Colombian Properties. Calculate TCE. Live Interactive Ships Traffic Worldwide Map. Real Time Marine Weather Conditions . Live Piracy Maps. IMAREX Freight Futures. Venezuela Oil Specifications. Anaco Wax