Crude grade comparison

Bonga vs Castilla

Nigeria (Niger Delta FPSO offshore)

Bonga

--
--
Class
Light/Sweet
API
32.3°
Sulfur
0.2%
VS
Bonga – Castilla spread -- · Bonga premium
Colombia (Llanos Basin)

Castilla

--
--
Class
Light/Sweet
API
31°
Sulfur
0.18%

Bonga is light/sweet crude (32.3° API, 0.2% sulfur); Castilla is light/sweet crude (31° API, 0.18% sulfur).

Crude quality

Quality & refinery yields

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

  • Bonga Crude
  • Castilla Crude

Physical & chemical properties

API gravityhigher = lighter
B32.3°
C31°
Sulfur contenthigher = sourer
B0.2%
C0.18%
Densityhigher = heavier
B0.849 g/cm³
C0.845 g/cm³
Viscosityhigher = thicker
B3.4 cSt
C6 cSt
Pour pointhigher = waxier
B-5 °C
C10 °C

Typical refinery yields

Gasoline% of barrel
B47-50%
C40-44%
Diesel% of barrel
B27-31%
C32-36%
Jet fuel% of barrel
B01-12'%
C01-12'%
Residual fuel% of barrel
B10-12'%
C10-12'%

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 Bonga Crude and Castilla Crude
PropertyBonga CrudeCastilla CrudeBonga − Castilla
Classification
ClassificationLight/SweetLight/Sweet
OriginNigeria (Niger Delta FPSO offshore)Colombia (Llanos Basin)
Chemical properties
API gravity32.3° API31° API+1.3 °API
Sulfur content0.2%0.18%+0.02%
Density0.849 g/cm³0.845 g/cm³+0.004 g/cm³
Pour point-5 °C10 °C-15 °C
Viscosity3.4 cSt6 cSt-2.6 cSt
Typical refinery yields
Gasoline47-50%40-44%+6 pts
Diesel27-31%32-36%-5 pts
Jet fuel01-12'%01-12'%0 pts
Residual fuel10-12'%10-12'%0 pts
Trading & logistics
Delivery basisBonga FPSO terminalCoveñas Terminal
Major exchangesSpot differentialSpot differential
Export hubBonga FPSOCoveñas Terminal
Main destinationsEurope, AsiaUS Gulf, Europe
Benchmark typeRegional (Spot)Regional
Market profile
Key characteristicsNigerian FPSO production, medium-light gradeColombian sweet crude, Atlantic export
Refining notesFPSO offshore productionMedium-light sweet balance
FAQ

Bonga vs Castilla questions

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

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

Bonga Crude is a light/sweet Nigeria (Niger Delta FPSO offshore) crude (32.3° API, 0.2% sulfur) and Regional (Spot) benchmark. Castilla Crude is a light/sweet Colombia (Llanos Basin) crude (31° API, 0.18% sulfur) and Regional benchmark.