This well has averaged 197 bbl/d of light oil
, 162 mcf/d of natural gas and 170 bbl/d of load fluid and reservoir water in its first 7 days of field-estimated gross raw production.
Industry sources attributed the recent high condensate shipments in part to Unipec -- the trading arm of Chinese state giant Sinopec -- resuming its purchases after laying off the light oil
for several months, taking about 1 million barrels each month in eptember and October.
Shewashan-1 produced light oil
(45API) on test from reservoir zones in the Cretaceous Shiranish, Kometan and Qamchuga formations.
Also, there are often cases of storage of light oil
in the cars by consignees before an increase in their prices in the domestic market of Afghanistan, the company said.
represents our strategic focus on effectively developing light oil
resource plays to deliver growth and a sustainable dividend for our shareholders.
Mississippi Lime has emerged as one of the top light oil
plays in North America
8 per tonne in December -- on light oil
products and 39 percent on heavy ones.
Pressure data indicates that these zones are part of the same accumulation and samples show that it is a light oil
of between 33 degrees and 36 degrees API, the company said.
One of the most important innovations to be introduced is the equalization of export duties on dark and light oil
products, which should help stimulate investments in deep crude refining.
A fragrant, light oil
that can be rubbed on your body or used as a bath treatment.
Announcing that the country`s heavy oil export is higher than that of the light oil
, the official said that based on OPEC quota, Iran exports 900-960 million barrels of heavy and light oil
annually via Kharg terminal.
Libya is a major producer of light oil
from which a large amount of gasoline can be refined.