Canada Cold Lake crude oil Assay
Cold Lake API gravity: 19.9Anything below 15 API would be considered an extra-heavy crude. Tim FitzgibbonA medium crude is in the 25-35 API range, and a heavy crude is in the 15-25 API range Tim Fitzgibbon
API = (141.5/Specific Gravity) - 131.5
Barrels of Cold Lake crude oil per metric ton
In the oil industry, quantities of crude oil are often measured in metric tons. Cold Lake 6.73 bbl per MT.
Cold Lake Sulfur: 3.25%
Sulfur is considered an undesirable contaminant because, when burned, it generates sulfur oxides.
As a general rule, a crude oil grade with high sulfur content will have a lower value. This type of crude is often referred to as a sour crude.