Light Crude? Heavy Gas? What is "Condensate"?
Light Crude? Heavy Gas? What is "Condensate"?
SUGAR LAND--November 17, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--The difference between liquid crude oil and gaseous natural gas is obvious to most. However, the two substances are chemically similar--both are hydrocarbons, and they differ only in the length of their carbon chains. As such, there is a lot of grey area between the two.
Within this article: Difficulties faced by the North American Oil & Gas Industry in how it classifies and handles condensate, with details on how it is handled in places such as the Eagle Ford Shale and the Alberta Oil Sands.
Other companies featured: Enbridge Incorporated (NYSE:ENB), Kinder Morgan Energy Partners (NYSE:KMP)
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