Bachaquero 24
--
--
- Class
- Medium Heavy/Sour
- API
- 24°
- Sulfur
- 1.8%
Crude grade comparison
Bachaquero 24 vs Balder
VS
Bachaquero 24 – Balder spread
-- · Bachaquero 24 premium
Balder
--
--
- Class
- Medium Heavy/Sour
- API
- 22°
- Sulfur
- 0.5%
Bachaquero 24 is medium heavy/sour crude (24° API, 1.8% sulfur); Balder is medium heavy/sour crude (22° API, 0.5% sulfur).
Crude quality
Quality & refinery yields
How the two crudes differ in the barrel. Each property uses its own scale.
- Bachaquero 24 Crude
- Balder Crude
Physical & chemical properties
API gravityhigher = lighter
B224°
B22°
Sulfur contenthigher = sourer
B21.8%
B0.5%
Densityhigher = heavier
B2 g/cm³
B g/cm³
Viscosityhigher = thicker
B2 cSt
B cSt
Pour pointhigher = waxier
B2 °C
B °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 24 Crude | Balder Crude | Bachaquero 24 − Balder |
|---|---|---|---|
| Classification | |||
| Classification | Medium Heavy/Sour | Medium Heavy/Sour | |
| Origin | Bachaquero field, Lake Maracaibo | Balder field, North Sea | |
| Chemical properties | |||
| API gravity | 24° API | 22° API | +2 °API |
| Sulfur content | 1.8% | 0.5% | +1.3% |
| 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 | FOB | |
| Major exchanges | |||
| Export hub | Lake Maracaibo terminals | North Sea offshore loading | |
| Main destinations | US Gulf Coast, Caribbean | Northwest Europe | |
| Benchmark type | |||
| Market profile | |||
| Key characteristics | Medium-heavy sour Venezuelan crude | Heavier North Sea crude compared to Brent-quality streams | |
| Refining notes | Fuel oil feedstock | Fuel oil/heavier distillate feedstock | |
FAQ
Bachaquero 24 vs Balder questions
The spread, the quality gap and why each grade is a benchmark.
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Bachaquero 24 Crude was $ and Balder Crude $ per barrel, so Balder traded at a premium of $0 over Bachaquero 24. Over the previous 30 shared price days the spread averaged -- $/bbl, with Balder priced above Bachaquero 24 on 0 day(s).
Bachaquero 24 Crude is a medium heavy/sour Bachaquero field, Lake Maracaibo crude (24° API, 1.8% sulfur) and benchmark. Balder Crude is a medium heavy/sour Balder field, North Sea crude (22° API, 0.5% sulfur) and benchmark.