Crude grade comparison

Captain vs Laguna

Captain field, North Sea

Captain

--
--
Class
Heavy/Sour
API
19°
Sulfur
0.5%
VS
Captain – Laguna spread -- · Captain premium
Lake Maracaibo Basin

Laguna

--
--
Class
Heavy/Sour
API
25°
Sulfur
1.7%

Captain is heavy/sour crude (19° API, 0.5% sulfur); Laguna is heavy/sour crude (25° API, 1.7% sulfur).

Crude quality

Quality & refinery yields

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

  • Captain Crude
  • Laguna Crude

Physical & chemical properties

API gravityhigher = lighter
C19°
L25°
Sulfur contenthigher = sourer
C0.5%
L1.7%
Densityhigher = heavier
C g/cm³
L g/cm³
Viscosityhigher = thicker
C cSt
L cSt
Pour pointhigher = waxier
C °C
L °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 Captain Crude and Laguna Crude
PropertyCaptain CrudeLaguna CrudeCaptain − Laguna
Classification
ClassificationHeavy/SourHeavy/Sour
OriginCaptain field, North SeaLake Maracaibo Basin
Chemical properties
API gravity19° API25° API-6 °API
Sulfur content0.5%1.7%-1.2%
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 hubNorth Sea offshore loading
Main destinationsNorthwest EuropeUS Gulf Coast
Benchmark type
Market profile
Key characteristicsHeavy, viscous North Sea crudeMedium-heavy sour Venezuelan crude
Refining notesFuel oil feedstockFuel oil feedstock
FAQ

Captain vs Laguna questions

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

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

Captain Crude is a heavy/sour Captain field, North Sea crude (19° API, 0.5% sulfur) and benchmark. Laguna Crude is a heavy/sour Lake Maracaibo Basin crude (25° API, 1.7% sulfur) and benchmark.