Sweet condensate is about as sweet as it gets in the oil patch. Easy to refine, no heavy waxes, tar or bitumen to upgrade.
No waxes to solidify in your production system as at Maari etc. Plus plenty of high pressure gas to drag it all out for you, no pumps or carry on.
Not sure whether it is still the case but many years back light sweet condensate was trading ex WA at a premuim to Tapis, which itself was at a premuim to Brent, which was at a premuim to WTI.
What's not to like about your oil being condensate in a high pressure gas field?
EL
Ann: Quarterly Cashflow Report, page-29
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