Blending Heavy And Light Crude Oils For US Refiners -- Platts
Again, some great
statistics coming out of the Bakken and the Eagle Ford.
But the growth in production from the two main shale oil plays–the
Bakken in North Dakota and the Eagle Ford in South Texas–has been so
fast that infrastructure is still playing catch up, with new trains,
rail and terminals being built at a record pace. But still some refiners
are hard put to keep up with the new streams.
At the Texas port of Corpus Christi, 108 million barrels of crude–the
majority of which was Eagle Ford–moved into the port, with about 43.7
million barrels moving out via rail, barge and truck up the coast to
Texas and Louisiana refineries.
Several port customers, including Valero and Flint Hills, both of
whom have sizable refineries in Corpus Christi, have started to blend
Eagle Ford with foreign crude, said Frank Brogan, Managing Director of
the Port of Corpus Christi, Texas.
“It has been a substantial growth as the Eagle Ford crude production
has surpassed the ability of the local refineries to refine it,” said
Brogan.
The incredible rising North American crude production–both from the
shale plays and heavy Canadian crude from the tar sands in Alberta–has
created a massive volumes of crude with qualities not particularly
suited for many refineries. This is particularly true of the light Eagle
Ford, with can carry an API of 47.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.