RigData Insights

Crude Shipments from the Eagle Ford Rejected

  • Thursday, April 4, 2019
  • Posted By Greg Tsichlis

South Korean refiners refuse crude from Eagle Ford


Source: S&P Global Platts RADAR, March 28, 2019

Trey Cowan, Senior Analyst, S&P Global Platts

 

SK Innovation Co. and Hyundai Oilbank Co., two South Korean refiners, were recently highlighted by Bloomberg as rejecting crude cargoes that originated from the Eagle Ford due to contamination.

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In light of the US trend towards greater crude exports, these concerns surrounding oxygenates and problematic metals (like arsenic), any future uncertainty around US oil quality in export cargoes could lead to discounted prices relative to other barrels that do not have these issues.

 

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This is article is from S&P Global Platts RADAR, March 28, 2019 issue.

Call 800-371-0083 to request a sample copy.

 

Upstream Activity Data for North America 

For more information on North American upstream activity including permitting, drilling activity, production and completion data please contact S&P Global Platts via email CustomerService.RigData@spglobal.com or call 800-371-0083.


      FREE TRIAL OFFER

 

Receive a free one month trial of Platts Land Rig Newsletter (4 issues). Each week you'll receive the latest analysis of unconventional activities and general trends in the upstream market. Operators are categorized by the major shale plays and unconventional formations where activity is occurring. Plus, you'll see the drilling contractors involved by play with details on utilization, footage and market share. (Available in pdf and Excel format.)

Call 800-371-0083 or email CustomerService.RigData@spglobal.com.

Mention code 7HHONRPT



      FREE TRIAL OFFER

 

Receive a free one month trial of Platts Land Rig Newsletter (4 issues). Each week you'll receive the latest analysis of unconventional activities and general trends in the upstream market. Operators are categorized by the major shale plays and unconventional formations where activity is occurring. Plus, you'll see the drilling contractors involved by play with details on utilization, footage and market share. (Available in pdf and Excel format.)

Call 800-371-0083 or email CustomerService.RigData@spglobal.com.

Mention code 7HHONRPT


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