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heavy crude

   Also found in: Financial, Wikipedia 0.01 sec.
heavy crude [′hev·ē ′krüd]
(petroleum engineering)
Crude oil having a high proportion of viscous, high-molecular-weight hydrocarbons, and often having a high sulfur content.


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Under a decree published in the Venezuelan official gazette on May 21, the JV named PetroMacareo SA, is also allowed to process heavy and extra heavy crude oil to be pumped from the block.
The crude oil transport infrastructure is being updated to accommodate the movement of heavy crude from onshore and offshore oilfields to downstream operations.
Venezuela's state oil company Petroleos de Venezuela (PDVSA) said production on the massive Junin 6 heavy crude oil block would begin by 2012, and that the Orinoco-based operation would produce "between 400,000 and 450,000 barrels of crude a day.
 
 
 
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