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Title : Bakken Crude Oil Assay -- January, 2018 -- Statoil
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Bakken Crude Oil Assay -- January, 2018 -- Statoil

From Border States Supply Chain Solutions:

Statoil published Monday a new detailed assay for the US shale crude
Bakken, showing it slightly heavier and more sour than previously reported.

The assay, based on a sample taken December 8, shows Bakken to be 42.9
API and 0.17% sulfur.

The crude had a total acid number of 0.04 mgKOH/g, nickel at 1.4 ppm and vanadium at 3.8 ppm. (The full assay is available at
https://www.statoil.com/en/what-we-do/crude-oil-and-condensate-assays.html.)

Statoil last published an assay for Bakken in November 2016. That assay
showed the crude to be 43.3 API and 0.07% sulfur, with lower TAN and metals
content.

With the Dakota Access Pipeline and ETCOP pipelines carrying Bakken to
the US Gulf Coast, the grade increasingly competes with other light sweet
grades in the region, such as West Texas Intermediate.

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