Crude grade comparison

Bachaquero 17 vs Peregrino

Bachaquero field, Lake Maracaibo

Bachaquero 17

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Class
Heavy/Sour
API
17°
Sulfur
2.4%
VS
Bachaquero 17 – Peregrino spread -- · Bachaquero 17 premium
Peregrino field, Campos Basin

Peregrino

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--
Class
Heavy/Sour
API
14°
Sulfur
0.6%

Bachaquero 17 is heavy/sour crude (17° API, 2.4% sulfur); Peregrino is heavy/sour crude (14° API, 0.6% sulfur).

Crude quality

Quality & refinery yields

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

  • Bachaquero 17 Crude
  • Peregrino Crude

Physical & chemical properties

API gravityhigher = lighter
B117°
P14°
Sulfur contenthigher = sourer
B12.4%
P0.6%
Densityhigher = heavier
B1 g/cm³
P g/cm³
Viscosityhigher = thicker
B1 cSt
P cSt
Pour pointhigher = waxier
B1 °C
P °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 Bachaquero 17 Crude and Peregrino Crude
PropertyBachaquero 17 CrudePeregrino CrudeBachaquero 17 − Peregrino
Classification
ClassificationHeavy/SourHeavy/Sour
OriginBachaquero field, Lake MaracaiboPeregrino field, Campos Basin
Chemical properties
API gravity17° API14° API+3 °API
Sulfur content2.4%0.6%+1.8%
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 hubLake Maracaibo terminals
Main destinationsUS Gulf Coast, CaribbeanUS Gulf Coast, Asia
Benchmark type
Market profile
Key characteristicsHeavy, high-sulphur Venezuelan crudeHeavy Brazilian offshore crude
Refining notesFuel oil/asphalt feedstockCoker feedstock
FAQ

Bachaquero 17 vs Peregrino questions

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

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Bachaquero 17 Crude was $ and Peregrino Crude $ per barrel, so Peregrino traded at a premium of $0 over Bachaquero 17. Over the previous 30 shared price days the spread averaged -- $/bbl, with Peregrino 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. Peregrino Crude is a heavy/sour Peregrino field, Campos Basin crude (14° API, 0.6% sulfur) and benchmark.