Crude grade comparison

Agbami vs Okono

Agbami field, deepwater (Chevron-operated)

Agbami

--
--
Class
Sweet
API
47.2°
Sulfur
0.044%%
VS
Agbami – Okono spread -- · Agbami premium
Okono field, offshore

Okono

--
--
Class
Sweet
API
35°
Sulfur
0.15%

Agbami is sweet crude (47.2° API, 0.044%% sulfur); Okono is sweet crude (35° API, 0.15% sulfur).

Crude quality

Quality & refinery yields

How the two crudes differ in the barrel. Each property uses its own scale.

  • Agbami Crude
  • Okono Crude

Physical & chemical properties

API gravityhigher = lighter
A47.2°
O35°
Sulfur contenthigher = sourer
A0.044%%
O0.15%
Densityhigher = heavier
A g/cm³
O g/cm³
Viscosityhigher = thicker
A cSt
O cSt
Pour pointhigher = waxier
A °C
O °C

Typical refinery yields

Gasoline% of barrel
Diesel% of barrel
Jet fuel% of barrel
Residual fuel% of barrel

Bars show each yield range; the faint part runs from 0 to the low end. Scale 0–50%.

Full specification comparison

Full specification comparison of Agbami Crude and Okono Crude
PropertyAgbami CrudeOkono CrudeAgbami − Okono
Classification
ClassificationSweetSweet
OriginAgbami field, deepwater (Chevron-operated)Okono field, offshore
Chemical properties
API gravity47.2° API35° API+12.2 °API
Sulfur content0.044%%0.15%-0.106%
Density g/cm³ g/cm³0 g/cm³
Pour point °C °C0 °C
Viscosity cSt cSt0 cSt
Typical refinery yields
Gasoline%%0 pts
Diesel%%0 pts
Jet fuel%%0 pts
Residual fuel%%0 pts
Trading & logistics
Delivery basisFOB
Major exchanges
Export hubOffshore Nigeria FPSO
Main destinationsEurope, Asia, USEurope, Asia, US
Benchmark type
Market profile
Key characteristicsUltra-light, very low sulphur, condensate-likeLight sweet Nigerian crude
Refining notesNaphtha/gasoline-rich feedstockGasoline-rich feedstock
FAQ

Agbami vs Okono questions

The spread, the quality gap and why each grade is a benchmark.

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Agbami Crude was $ and Okono Crude $ per barrel, so Okono traded at a premium of $0 over Agbami. Over the previous 30 shared price days the spread averaged -- $/bbl, with Okono priced above Agbami on 0 day(s).

Agbami Crude is a sweet Agbami field, deepwater (Chevron-operated) crude (47.2° API, 0.044%% sulfur) and benchmark. Okono Crude is a sweet Okono field, offshore crude (35° API, 0.15% sulfur) and benchmark.