About This Item

Share This Item

The AAPG/Datapages Combined Publications Database

AAPG Bulletin

Abstract


Volume: 25 (1941)

Issue: 6. (June)

First Page: 1167

Last Page: 1174

Title: Why Crudes Differ in Value

Author(s): H. D. Wilde (2)

Abstract:

Although crudes are all fundamentally made up of mixtures of hydrocarbons and are hence similar in this respect, the type of hydrocarbons and the relative proportions in which they are present can vary widely from crude to crude. This variation causes crudes to differ in value. This value is established by the refineries which use crudes as a raw material for the manufacture of the various finished products. Some crudes are in demand and are assigned a high value because substantial yields of good quality products can be made from them with little special processing, whereas others are penalized because certain products are not present or are of such poor quality that special processing (which is usually expensive) is necessary to make these products saleable. In order to evaluate crude, a sample is assayed in the laboratory, whereby the yield and quality of the primary products are determined and these data are used in computing the value of the crude. Other factors, such as transportation costs to refinery centers and the ultimate consumers and competitive conditions, are also considered in arriving at the price paid for a crude at the well.

Pay-Per-View Purchase Options

The article is available through a document delivery service. Explain these Purchase Options.

Watermarked PDF Document: $14
Open PDF Document: $24

AAPG Member?

Please login with your Member username and password.

Members of AAPG receive access to the full AAPG Bulletin Archives as part of their membership. For more information, contact the AAPG Membership Department at [email protected].