Statfjord Blend

Article Nov. 21, 2018

Production and handling

Statfjord field, which came onstream in 1979, is located due west of the Sogne Fjord, straddling the UK-Norway border in the North Sea. Output is divided between the two countries, with Norway getting the larger share. Statfjord is the largest producing field in the North Sea, and it is supplemented by crude from Norway's Snorre field, which came onstream in 1992. Total crude production is approximately 160 kbd, of which ExxonMobil markets approximately 25 kbd.

Typical cargo size is 855 kb. 

Load Port Data

Statfjord (61° 15' N, 1° 51' E): Crude oil from Statfjord system is loaded from three offshore buoys (one for each platform) to dedicated tankers between 110,000-130,000 deadweight tons (DWT). 

Statfjord is marketed mainly in northwest Europe because the crude oil is loaded offshore from dedicated tankers. The grade also occasionally makes its way to the U.S. East and Gulf Coasts. It can be transshipped to the Mongstad terminal and loaded onto other tankers for longer voyages outside of Europe. Typically sold on a CFR basis. 

Typical characteristics

Statfjord is a light, low sulfur North Sea crude oil which serves as a good lube crude. The quality is similar to Brent Blend, but Statfjord has slightly lower sulfur content.

Characteristics

  • Gravity 39.4
  • Sulfur 0.20%
  • Loading port Statfjord, Mongstad

Disclaimer

The materials contained in this website are provided to you courtesy of ExxonMobil and are based on a range of data and information. While care has been taken in preparing the materials, ExxonMobil makes no representations, warranties or guarantees as to their accuracy, reliability, quality, correctness or completeness. Each user must make its own determination and judgment on applying any information in this assay. Any and all use of this information shall be the sole responsibility of the user, and the user releases ExxonMobil and its affiliates from any and all claims arising from its use and shall defend and hold ExxonMobil and its affiliates harmless from any third-party claims arising from the user's application or use of any part of the materials.

Related content

The fundamentals of fuel prices and supply

The fundamentals of fuel prices and supply

We’re all hearing about high fuel prices, and some are calling on energy companies like ExxonMobil to increase production to help ease pain at the pump. We know high prices are having a real impact on families everywhere – no one wants to pay more to get themselves to work or their kids to school.

Crude oils Viewpoints June 24, 2022

ExxonMobil Hadrian oil rig.

Crude oils by region

A list of crude oil by geographic location.

Crude oils Article June 18, 2020

Liza

Crude oils Article June 18, 2020

Mostarda

Crude oils Article Sept. 17, 2019

Kearl

Crude oils Article Aug. 6, 2019