LOOP Sour Quality Message
For the month of August 2020 LOOP delivered over 790,000 barrels of LOOP Sour Crude Oil from LOOP Sour Storage. The charts below show the quality characteristics of LOOP Sour Crude Oil deliveries to connecting carrier pipelines for the months September 2017 – August 2020. The utilization rate of the CACs for the month of August 2020 was 29%.
Please note that LOOP has restated data for the months of June and July due to a reporting error. The graphs below are updated. June: over 110,000 barrels delivered | Utilization Rate: 50%. July: over 1,450,000 barrels delivered | Utilization Rate: 39%.
LOOP will be issuing similar reports on a monthly basis. Please check loopllc.com for updates.
Density is determined by continuous density measurement utilizing online densitometers and the weighted-average reading obtained during the batch delivery for the gross standard volume calculation. Density results are then verified using API Manual of Petroleum Measurement Publications (MPMS), Chapter 9 Section 3 “Standard Test Method for Density, Relative Density, and API Gravity of Crude Petroleum and Liquid Petroleum Products by Thermohydrometer Method” for the net standard volume calculation.
Sulfur is determined by the use of a Horiba Sulfur-in-Oil Analyzer. This instrument uses Energy Dispersive X-ray Fluorescence to determine total Sulfur in Petroleum products. ASTM method D4294 “Standard Test Method for Sulfur in Petroleum and Petroleum Products by Energy Dispersive X-ray Fluorescence Spectrometry” is used. Note, this field lab test is conducted on an observed composite sample without water distillation.