Crude Oil Price
Effective Date: 07/20/2017
Plains All American – WTI ALL Other Areas
Historical Crude Oil Price Bulletins
Crude Oil Producer Program
Thank you for doing business with Continental Refining Company. CRC is looking forward to servicing Small and Medium Oil Producers & Gatherers. We are proud to introduce you to the Producer of the Month Program.
Producer of the Month Program up to $1,500 in rebates – Each Month to one Producer
Giving producers rewards for efficiency and performance up to $1,500 rebates per month to a selected producer. Each month, a qualifying producer will be randomly selected for up to $1,500 in rebates towards transportation costs.
Producer of the Month Criteria
To qualify for the program the following standards are required. A qualifying producer will have their name entered for every month that a producer meets the criteria, they will be eligible as a single entry to be selected as the one producer that will be rewarded up to $1,500 in transportation costs. Specific criteria are:
- 48 hours’ notice on pickup of crude
- Called in “volumes” for pickup are at 95% of load capacity for either bobtail (95 bbls) or transport load (180 bbls)
- Crude meets CRC crude quality criteria.
Crude Oil Specifications
Continental Refining Company will not accept crude oil containing halogenated, chlorinated or oxygenated organic compounds (such as but not limited to Carbon Tetrachloride, 1, 1 Dichloroethane, Trichloroethane or Tetrachloroethane, Isopropyl Alcohol, Ethyl Alcohol, Methanol, Glycol, Acetone). These and like compounds may cause severe equipment damage in the refinery.
Contamination usually occurs when a producer uses one of these chemicals in treating wells, flow lines and lease tankage to remove paraffin buildup. A small volume of crude contaminated with oxygenated or halogenated compounds can render large volumes of crude almost valueless. Any seller delivering crude oil to Continental Refining Company containing such contaminant will be held liable for all damages resulting from that delivery.
Light ends C2 – iC55 % Max
|ANALYSIS||CRUDE OIL||TEST METHOD|
|API @ 60 F||30- 45||ASTM D-1298|
|Sulfur (wt%) max||0.8||ASTM D-4294|
|BS &W % max||2.0|
|Paraffins (vol. %)||40 -70||ASTM D-2789M|
|Naphthenes (vol. %)||> 25||ASTM D-2789M|
|Organic Chloride(ppm)||< 1.0||ASTM D-4929|
|Organic Nitrogen max (ppm)||500||ASTM D-4629|
|Microcarbon Residue (MCRT)||2.0 Max||ASTM D-4530|
|Total Acid Number, mg KOH||0.8||ASTM D-664|
|Metals by ICP||ASTM D-5708|
|Vanadium||< 10 ppm|
|Nickel||< 10 ppm|
|Iron||< 10 ppm|
|Silicon||< 10 ppm|
|Asphaltene wt%||0.5||ASTM D-6560|