Bachaquero 17
--
--
- Class
- Heavy/Sour
- API
- 17°
- Sulfur
- 2.4%
Crude grade comparison
Bachaquero 17 vs Peng Lai
VS
Bachaquero 17 – Peng Lai spread
-- · Bachaquero 17 premium
Peng Lai
--
--
- Class
- Heavy/Sour
- API
- 20°
- Sulfur
- 0.3%
Bachaquero 17 is heavy/sour crude (17° API, 2.4% sulfur); Peng Lai is heavy/sour crude (20° API, 0.3% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Bachaquero 17 Crude
- Peng Lai Crude
Physical & chemical properties
API gravityhigher = lighter
B117°
PL20°
Sulfur contenthigher = sourer
B12.4%
PL0.3%
Densityhigher = heavier
B1 g/cm³
PL g/cm³
Viscosityhigher = thicker
B1 cSt
PL cSt
Pour pointhigher = waxier
B1 °C
PL °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
| Property | Bachaquero 17 Crude | Peng Lai Crude | Bachaquero 17 − Peng Lai |
|---|---|---|---|
| Classification | |||
| Classification | Heavy/Sour | Heavy/Sour | |
| Origin | Bachaquero field, Lake Maracaibo | Penglai field, Bohai Bay | |
| Chemical properties | |||
| API gravity | 17° API | 20° API | -3 °API |
| Sulfur content | 2.4% | 0.3% | +2.1% |
| Density | g/cm³ | g/cm³ | 0 g/cm³ |
| Pour point | °C | °C | 0 °C |
| Viscosity | cSt | cSt | 0 cSt |
| Typical refinery yields | |||
| Gasoline | % | % | 0 pts |
| Diesel | % | % | 0 pts |
| Jet fuel | % | % | 0 pts |
| Residual fuel | % | % | 0 pts |
| Trading & logistics | |||
| Delivery basis | FOB | ||
| Major exchanges | |||
| Export hub | Lake Maracaibo terminals | ||
| Main destinations | US Gulf Coast, Caribbean | China | |
| Benchmark type | |||
| Market profile | |||
| Key characteristics | Heavy, high-sulphur Venezuelan crude | Heavy Chinese offshore crude | |
| Refining notes | Fuel oil/asphalt feedstock | Fuel oil feedstock | |
FAQ
Bachaquero 17 vs Peng Lai questions
The spread, the quality gap and why each grade is a benchmark.
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Bachaquero 17 Crude was $ and Peng Lai Crude $ per barrel, so Peng Lai traded at a premium of $0 over Bachaquero 17. Over the previous 30 shared price days the spread averaged -- $/bbl, with Peng Lai priced above Bachaquero 17 on 0 day(s).
Bachaquero 17 Crude is a heavy/sour Bachaquero field, Lake Maracaibo crude (17° API, 2.4% sulfur) and benchmark. Peng Lai Crude is a heavy/sour Penglai field, Bohai Bay crude (20° API, 0.3% sulfur) and benchmark.
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