Eagle Ford Condensate
Eagle Ford Condensate Price
| Date | Price US$ per bbl | Price US $ per MT | Long Tons | US Gallons,$ |
|---|---|---|---|---|
| 2022-08-15 | $85 | 621 | 631 | 2.02 |
| 2022-07-29 | $95 | 695 | 706 | 2.26 |
| 2022-07-28 | $93 | 679 | 690 | 2.2 |
| 2022-07-27 | $93 | 685 | 696 | 2.22 |
| 2022-07-26 | $91 | 668 | 679 | 2.17 |
| 2022-07-25 | $93 | 681 | 692 | 2.21 |
| 2022-07-22 | $91 | 666 | 677 | 2.16 |
| 2022-07-21 | $93 | 678 | 689 | 2.2 |
| 2022-07-20 | $98 | 721 | 733 | 2.34 |
| 2022-07-19 | $100 | 731 | 743 | 2.37 |
| 2022-07-18 | $98 | 719 | 730 | 2.33 |
| 2022-07-15 | $93 | 682 | 693 | 2.22 |
| 2022-07-14 | $91 | 669 | 680 | 2.17 |
| 2022-07-13 | $92 | 673 | 684 | 2.18 |
| 2022-07-12 | $91 | 669 | 680 | 2.17 |
| 2022-07-11 | $100 | 730 | 742 | 2.37 |
| 2022-07-08 | $100 | 735 | 747 | 2.39 |
| 2022-07-07 | $98 | 720 | 731 | 2.34 |
| 2022-07-06 | $94 | 689 | 700 | 2.24 |
| 2022-07-05 | $96 | 704 | 716 | 2.29 |
| 2022-06-30 | $102 | 750 | 762 | 2.44 |
| 2022-06-29 | $106 | 780 | 792 | 2.53 |
| 2022-06-28 | $108 | 794 | 807 | 2.58 |
| 2022-06-23 | $101 | 739 | 751 | 2.4 |
| 2022-06-22 | $103 | 753 | 766 | 2.45 |
| 2022-06-21 | $106 | 778 | 790 | 2.53 |
| 2022-06-17 | $105 | 770 | 782 | 2.5 |
| 2022-06-16 | $113 | 829 | 842 | 2.69 |
| 2022-06-15 | $111 | 812 | 825 | 2.64 |
| 2022-06-14 | $114 | 838 | 852 | 2.72 |
Eagle Ford Condensate Historical price
- In 2017 maximum price $55 per bbl (2017-12-28)
- In 2018 maximum price $41 per bbl (2018-12-31)
- In 2019 maximum price $57 per bbl (2019-12-31)
- In 2020 maximum price $44 per bbl (2020-12-31)
- In 2021 maximum price $71 per bbl (2021-12-30)
- In 2022 maximum price $85 per bbl (2022-08-15)
Eagle Ford Condensate Crude Oil: Understanding Its Composition and Benefits
The Eagle Ford formation in Texas is a major source of crude oil production in the United States. One type of crude oil produced from this formation is known as Eagle Ford condensate. This unique crude oil has attracted significant attention from the oil and gas industry due to its high quality and low density.
Understanding the Composition of Eagle Ford Condensate Crude Oil
Eagle Ford condensate is a type of light, sweet crude oil that is characterized by its low density and high API gravity. This means that it has a higher proportion of light hydrocarbons such as pentanes and hexanes compared to heavy crude oils. The high quality of Eagle Ford condensate is also attributed to its low sulfur content and the absence of heavy metals and impurities.
Eagle Ford condensate is a mixture of different types of hydrocarbons including alkanes, naphthenes, and aromatics. The composition of this crude oil can vary depending on the specific location within the Eagle Ford formation, with some areas producing a higher proportion of light hydrocarbons and others a higher proportion of heavy hydrocarbons.
The Benefits of Eagle Ford Condensate Crude Oil
The unique composition of Eagle Ford condensate crude oil provides several benefits compared to other types of crude oil.
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High Quality: As mentioned, the low density and high API gravity of this crude oil means that it has a higher proportion of light hydrocarbons, resulting in a higher quality product.
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Low Sulfur Content: The low sulfur content of Eagle Ford condensate crude oil means that it can be processed without the need for expensive desulfurization processes, reducing the cost of production.
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Versatility: The mixture of different types of hydrocarbons in this crude oil provides versatility in its use. It can be processed to produce a range of petroleum products including gasoline, diesel, and jet fuel.
Conclusion
In conclusion, Eagle Ford condensate crude oil is a unique type of crude oil produced from the Eagle Ford formation in Texas. Its unique composition provides several benefits including high quality, low sulfur content, and versatility in its use. These benefits make Eagle Ford condensate crude oil a valuable commodity in the oil and gas industry. With the growing demand for energy, this type of crude oil will likely play an important role in meeting the energy needs of the United States and the world.
Frequently Asked Questions about Eagle Ford Condensate Crude Oil
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What is Eagle Ford condensate crude oil? Eagle Ford condensate crude oil is a type of light, sweet crude oil that is produced from the Eagle Ford formation in Texas. It is characterized by its low density, high API gravity, and low sulfur content.
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What makes Eagle Ford condensate crude oil unique? Eagle Ford condensate crude oil is unique due to its composition, which is a mixture of different types of hydrocarbons including alkanes, naphthenes, and aromatics. This mixture provides versatility in its use as it can be processed to produce a range of petroleum products.
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Why is Eagle Ford condensate crude oil considered high quality? Eagle Ford condensate crude oil is considered high quality because of its low density and high API gravity, which means it has a higher proportion of light hydrocarbons. This results in a higher quality product.
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What are the benefits of using Eagle Ford condensate crude oil? The benefits of using Eagle Ford condensate crude oil include its high quality, low sulfur content, and versatility in its use. These benefits make it a valuable commodity in the oil and gas industry.
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How does Eagle Ford condensate crude oil compare to other types of crude oil? Eagle Ford condensate crude oil compares favorably to other types of crude oil due to its high quality, low sulfur content, and versatility in its use. It is a unique type of crude oil that provides several benefits compared to other types of crude oil.
Additional Resources
For more information on Eagle Ford condensate crude oil and its uses, the following resources provide in-depth knowledge and analysis:
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The U.S. Energy Information Administration (EIA) provides regular updates on production and supply data for Eagle Ford condensate crude oil: https://www.eia.gov/dnav/pet/pet_crd_crude_ea_s1_d.htm
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The Oil and Gas Journal provides a comprehensive overview of the Eagle Ford formation and the production of crude oil in the region: https://www.ogj.com/articles/print/volume-111/issue-10/exploration-development/eagle-ford-formation-offers-light-sweet-crude.html
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The U.S. Department of Energy has a dedicated website that provides information on the production and uses of crude oil, including Eagle Ford condensate crude oil: https://energy.gov/eere/oil-gas/crude-oil-and-petroleum-products
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The American Petroleum Institute provides detailed information on the types of crude oil produced in the United States, including Eagle Ford condensate crude oil: https://www.api.org/oil-and-natural-gas/production/crude-oil/types-of-crude-oil
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The Eagle Ford Shale website provides a comprehensive overview of the formation, production, and economic impact of Eagle Ford condensate crude oil: https://www.eaglefordshale.com/
These resources offer valuable insights and data for anyone seeking to deepen their understanding of Eagle Ford condensate crude oil and its role in the oil and gas industry.
