Australia Griffin crude oil Assay
Griffin API gravity: 55Crudes lighter than 45 are typically considered extra-light crude or condensates and are valued lower than light crude because they contain a lot of light ends such as propane and butane. Tim Fitzgibbon
API = (141.5/Specific Gravity) - 131.5
Barrels of Griffin crude oil per metric ton
In the oil industry, quantities of crude oil are often measured in metric tons. Griffin 8.29 bbl per MT.
Griffin Sulfur: 0.03%
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.