light crude oil definition
light crude oil means crude oil with a relative density greater than 31.1 degrees API gravity;
light crude oil means a category of crude oil characterized by relatively low viscosity, a lower carbon-to-hydrogen ratio, and a relatively lower density having an API gravity of greater than or equal to 20.
light crude oil means crude oil with a relative density greater than
More Definitions of light crude oil
light crude oil means Crude Oil with a typical density of between 800 kilograms per cubic metre (kg/m3) and 876 kilograms per cubic metre (kg/m3), and typical viscosity between 2 square millimetres per second (mm2/s) and 20 square millimetres per second (mm2/s);
light crude oil means either the direct liquid products of oil wells, or a mixture of the direct liquid products of oil wells with the indirect liquid products of oil or gas wells including gasoline and liquefied petroleum gases, all of which are of merchantable quality with an API gravity of greater than 30 degrees and which meet the quality specifications set forth in Item 15.
light crude oil means a relatively expensive crude oil with a high API gravity characterized by low relative density and viscosity. Light crude oils require lower levels of processing to produce high-value products such as gasoline and diesel.
light crude oil means crude oil with a relative density greater than 31.1 degrees API gravity. "natural gas" means a naturally occurring mixture of hydrocarbon gases and other gases.
light crude oil means liquid petroleum with an American Petroleum Institute gravity index of between 31 and 70 degrees.
light crude oil means crude oil with a relative density grer athtean 31.1 degrees API gravity. "natural gas" means a naturally occurring mixture of hycdarorbon gases and other gases.
light crude oil means crude oil with a relative density greater than 31.1 degrees API gravity. “McDaniel” means McDaniel & Associates Consultants Ltd., IBR’s independent reserve evaluators.