MAY 3.13% 3.1¢ melbana energy limited

Ann: Block 9 - Early Production and Spud of Alameda-3, page-447

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  1. 13,341 Posts.
    lightbulb Created with Sketch. 1933
    Come across this older article .. a light API you love so much .. personally always more than happy with Billion+ bbls of 15-30 Api high density low sulfur levels heavy to mid-weight crude oil ... been saying since before you even first posted on MAY ...

    https://www.reuters.com/article/us-usa-oil-permian-idUSKCN1T71B7

    As Permian oil production turns lighter, price outlook darkensBy Devika Krishna Kumar, Laila Kearney

    NEW YORK (Reuters) - The United States may now be the world’s biggest crude producer, but the oil being produced in its prolific Permian basin is increasingly too light in density for domestic refiners or for exports, eroding prices for these orphan barrels.
 
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