What is the difference between crude oil and condensate?

What is the difference between crude oil and condensate? Condensate is a mixture of light liquid hydrocarbons, similar to a very light (high API) crude oil. Condensate is typically valued lower than crude oil because of its high light ends content, which yields a lot of lower value LPGs and light naphtha and makes it … Continue reading What is the difference between crude oil and condensate?