Crude grade comparison

Cold Lake Blend vs Bachaquero 17

VS
Cold Lake Blend – Bachaquero 17 spread -- · Cold Lake Blend premium
Bachaquero field, Lake Maracaibo

Bachaquero 17

--
--
Class
Heavy/Sour
API
17°
Sulfur
2.4%

Cold Lake Blend is heavy/sour crude (18° API, 4.2% sulfur); Bachaquero 17 is heavy/sour crude (17° API, 2.4% sulfur).

Crude quality

Quality & refinery yields

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

  • Cold Lake Blend Crude
  • Bachaquero 17 Crude

Physical & chemical properties

API gravityhigher = lighter
CLB18°
B117°
Sulfur contenthigher = sourer
CLB4.2%
B12.4%
Densityhigher = heavier
CLB0.95 g/cm³
B1 g/cm³
Viscosityhigher = thicker
CLB220 cSt
B1 cSt
Pour pointhigher = waxier
CLB-22 °C
B1 °C

Typical refinery yields

Gasoline% of barrel
CLB18-22%
Diesel% of barrel
CLB26-30%
Jet fuel% of barrel
CLB04-06'%
Residual fuel% of barrel
CLB35-40%

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 Cold Lake Blend Crude and Bachaquero 17 Crude
PropertyCold Lake Blend CrudeBachaquero 17 CrudeCold Lake Blend − Bachaquero 17
Classification
ClassificationHeavy/SourHeavy/Sour
OriginCanada (Alberta)Bachaquero field, Lake Maracaibo
Chemical properties
API gravity18° API17° API+1 °API
Sulfur content4.2%2.4%+1.8%
Density0.95 g/cm³ g/cm³+0.95 g/cm³
Pour point-22 °C °C-22 °C
Viscosity220 cSt cSt+220 cSt
Typical refinery yields
Gasoline18-22%%+22 pts
Diesel26-30%%+30 pts
Jet fuel04-06'%%+6 pts
Residual fuel35-40%%+40 pts
Trading & logistics
Delivery basisHardisty NetworkFOB
Major exchangesHardisty differentials
Export hubEdmonton, HardistyLake Maracaibo terminals
Main destinationsUS Midwest cokers, upgradersUS Gulf Coast, Caribbean
Benchmark typeRegional (N. America)
Market profile
Key characteristicsSAGD in-situ bitumen blend, requires upgradingHeavy, high-sulphur Venezuelan crude
Refining notesThermal recovery bitumen; needs coking/upgradingFuel oil/asphalt feedstock
FAQ

Cold Lake Blend vs Bachaquero 17 questions

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

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Cold Lake Blend Crude was $ and Bachaquero 17 Crude $ per barrel, so Bachaquero 17 traded at a premium of $0 over Cold Lake Blend. Over the previous 30 shared price days the spread averaged -- $/bbl, with Bachaquero 17 priced above Cold Lake Blend on 0 day(s).

Cold Lake Blend Crude is a heavy/sour Canada (Alberta) crude (18° API, 4.2% sulfur) and Regional (N. America) benchmark. Bachaquero 17 Crude is a heavy/sour Bachaquero field, Lake Maracaibo crude (17° API, 2.4% sulfur) and benchmark.