Heavy Crude definition

Heavy Crude means Crude Petroleum having an API gravity equal to or less than 29 degrees at sixty degrees Fahrenheit (60° F) and a viscosity equal to or greater than 55 Saybolt Universal Seconds (SUS) at 100 degrees Fahrenheit.
Heavy Crude means Crude Petroleum with a viscosity of greater than 20.5 cSt (100 SUS) at 20C (68F) and a maximum gravity of 25.0 API.
Heavy Crude means Petroleum having a density from and including 876 kilograms per Cubic Metre (kg/m3) up to and including 940 kg/m3, and a viscosity from and including 20 square millimetres per second (mm2/s) up to and including 350 mm2/s.

Examples of Heavy Crude in a sentence

  • Alberta Heavy Crude prices are based on historical price differentials.

  • Extra Heavy Crude Oil On September 9, 2003, PDVSA announced a general restructuring of its wholly-owned subsidiary, Bitor.

  • Petrochemicals and Extra Heavy Crude Oil Petrochemicals PDVSA was engaged in the Venezuelan petrochemical industry through its wholly-owned subsidiary, Pequiven.

  • Acquisition of Thermal In Situ and Primary Heavy Crude Oil AssetsOn June 27, 2019, the Company completed the acquisition of substantially all of the assets of Devon Canada Corporation ("Devon") including thermal in situ and heavy crude oil assets, for total cash purchase consideration of $3,412 million, subject to final closing adjustments.

  • WTI Cushing Canadian Heavy Crude Volume at El Dorado (2) Market Highlights Significant Organic Growth / Margin Enhancement Opportunities 21  Tyler Crude Slate  El Dorado Crude Slate (1) Benefit reflects annualized impact on contribution margin and is subject to market pricing economics.

  • The Delaware City West Heavy Crude Unloading Rack ("DCR West Rack") is part of Delaware City Refining Company LLC's, a subsidiary of PBF Holding Company LLC ("PBF Holding"), Delaware City, Delaware refinery ("DCR").

  • Heavy Crude Oil 12 degree API at Hardisty, Alberta (after deducting blending costs to reach pipeline quality).

  • REFINERY OPERATIONS (1) 2014 2013 2012 Crude Oil Capacity (2) (Mbbls/d) 460 457 452 Crude Oil Runs (Mbbls/d) 423 442 412 Heavy Crude Oil 199 222 198 Light/Medium 224 220 214 Refined Products (Mbbls/d) 445 463 433 Gasoline 231 232 216 Distillate 137 144 138 Other 77 87 79 Crude Utilization (percent) 92 97 91 (1) Represents 100 percent of the Wood River and Borger refinery operations.

  • The quoted values included in the opening balance of Heavy Crude Oil reflect these respective inclusions.

  • Opening balance for Light and Medium Crude Oil represents the reported December 31, 2014 closing less Proved 26,602 Mbbls; Probable 7,358 Mbbls; and Proved plus Probable 33,960 Mbbls transferred to the respective reserve categories in Heavy Crude Oil as a result of a clarification on oil produced in southwest Saskatchewan.


More Definitions of Heavy Crude

Heavy Crude means Petroleum having a gravity from and including nineteen (19) degrees API up to and including thirty (30) degrees API and a viscosity from and including twenty (20) square millimeters per second (mm²/s) up to and including three hundred and fifty (350) mm²/s.
Heavy Crude means Crue Oil with an API gravity of 22 or below.

Related to Heavy Crude

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • LNG means liquefied natural gas.

  • Loading Zone means a parking stall which is set aside for use by commercial vehicles if there is a sign referable to that stall marked ‘Loading Zone’;

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • high voltage means the classification of an electric component or circuit, if its working voltage is > 60 V and ≤ 1500 V DC or > 30 V and ≤ 1000 V AC root mean square (rms).