Crude Oil
Crude Oil Marketing and Evaluation Services
In today's highly competitive crude oil markets, it is critical to fully understand the value impact of quality and other market related issues. Producers require reliable industry analysis to optimize investment decisions and to maximize the value of their crude oil and condensate streams.
For over 50 years, Purvin & Gertz has assisted producers worldwide in maximizing the value of both new and existing crude oil and condensate streams. Purvin & Gertz' ongoing crude and refined product market analysis and intimate knowledge of the world refining industry provide the knowledge and experience necessary to provide unrivaled downstream industry analysis. In addition, Purvin & Gertz has developed powerful tools for analyzing the technical, commercial and economic aspects of the worldwide crude oil markets and the downstream petroleum industry.
For example, Purvin & Gertz has assisted producers worldwide by evaluating the market value impact of project alternatives, identifying the highest value markets for new or existing streams, developing marketing strategies and assisting the development and analysis of crude oil pipeline quality banks for commingled streams.
Purvin & Gertz Tools
- Crude and product supply, demand and trade databases and forecasts
- Worldwide crude and product price forecasts
- Proprietary and PIMS(TM) refinery LP and crude oil property evaluation models
- Proven crude evaluation and pricing methodology
- Expertise in quality bank mechanisms, methodology and industry practice
- Real-time crude oil market monitoring analysis and software
Recent Crude Oil Marketing Related Experience
- Assisted producers in the valuation and marketing of unusual crude oil streams throughout the world such as synthetic crudes, high TAN crudes, condensates, extra-heavy crudes and other unusual streams.
- Acted as Market Consultants for the financing of three major heavy oil upgrading projects in the Gulf Coast/Caribbean region and numerous Canadian Oil Sands upgrader projects.
- Developed and maintained methodologies and models for use in value monitoring and price analysis in all major world markets for several major international producers.
- Conducted in-depth training seminars on the valuation of crude oil streams for industry participants and producers in the Middle East, Asia, and South America.
- Provided ongoing analysis of crude oil price relationships and forecasts to over fifty clients worldwide in all major petroleum markets.
- Assisted producers and pipeline companies in developing, implementing and evaluating crude oil pipeline quality banks for systems in the Americas, Europe, Africa, and the CIS.
