Monthly Foreign Crude Oil Acquisition Report

Petroleum Marketing Program

eia-856_i_09_30_21

Monthly Foreign Crude Oil Acquisition Report

OMB: 1905-0174

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U.S. DEPARTMENT OF ENERGY
U.S. ENERGY INFORMATION ADMINISTRATION
Washington, DC 20585

OMB No. 1905-0174
Expiration Date: XX/XX/XXXX
Burden: 6.1 hours

EIA-856
MONTHLY FOREIGN CRUDE OIL ACQUISITION REPORT
INSTRUCTIONS
1. QUESTIONS?
If you have any questions about Form EIA-856 after reading the
instructions, please call our toll-free number 1-855-342-4872.

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2. PURPOSE

Files must be saved to your personal computer. Data cannot be
entered interactively on the w ebsite.

The U.S. Energy Information Administration (EIA) Form EIA-856,
"Monthly Foreign Crude Oil Acquisition Report," is used to collect
data on the cost and quantities of foreign crude oil (by country of
origin) acquired for importation into the United States, including
U.S. territories and possessions. The data are used by the
Department of Energy, the International Energy Agency (IEA),
other Federal agencies, and industry analysts for forecasting and
analytical purposes.

7. HOW TO COMPLETE THE SURVEY FORM
General Instructions
For the purpose of this report:
•

The corporate entity, hereafter referred to as the "firm," for
w hich the report is filed, is considered to be the parent
company and the consolidated entities (if any) w hich it
directly or indirectly controls, taken altogether. The report
w ill be filed for both the firm's domestic and foreign affiliates
w hich acquire foreign crude oil for landing in the United
States.

•

Crude oil is understood to include lease condensate. If your
definition of crude oil differs from this, provide your definition
of crude oil in the Comments section in Part 3 of your first
submission of the EIA-856.

•

The United States includes the 50 States, the District of
Columbia, Puerto Rico, the Virgin Islands, and all American
Territories and Possessions.

3. WHO MUST SUBMIT
Form EIA-856 is mandatory pursuant to Section 13(b) of the
Federal Energy Administration Act of 1974 (Public Law 93-275)
and must be completed by all firms that acquired more than
500,000 barrels of foreign crude oil in the report month for
importation into the United States.
Section 9 explains the possible sanctions for failing to report.

4. WHEN TO SUBMIT
Form EIA-856 must be submitted to EIA no later than 30 calendar
days after the close of each reference month (e.g., if the reference
month is March 2021, the report must be submitted to EIA by April
30, 2021).

5. WHERE TO SUBMIT
Completed forms may be submitted by electronic transmission or
facsimile.
Secure File Transfer forms to:
https://signon.eia.doe.gov/upload/noticeoog.jsp
Fax completed forms to: (202) 586-9772

6. COPIES OF SURVEY FORMS, INSTRUCTIONS
AND DEFINITIONS
Copies in portable document format (PDF) and spreadsheet format
(XLS) are available on EIA's w ebsite at:
http://w w w .eia.gov/survey/#eia-856
You may also access the materials by follow ing the steps below :
· Go to EIA’s w ebsite at w ww.eia.gov
· Click on Tools in the upper right hand corner

Click on EIA Survey Forms
Click on Petroleum
Under Monthly select EIA-856
Select the materials you w ant.

Report all acquisitions made for the purpose of Importation into
the United States by your firm or agent. Include purchases,
exchange receipts, equity crude oil, and buy-back oil. Include all
acquisitions that your firm w ill ow n or expects to ow n at the time
of importation, w hether or not the crude is to be imported under
your firm's license. Transactions w hich have not previously been
reported should be included in the current month's submission.
Submissions of unreported transactions should occur as soon
as possible after the unreported transaction is identified. Cargos,
or portions of cargos of foreign crude oil w hich w ere acquired
and reported in a previous month, and w ere subsequently sold
or delivered on exchange in the report month or are no longer
intended for importation into the United States, should be
reported as a resubmission.
If a vessel loads crude at more than one port, or more than one
crude type is loaded at a single port (except w hen the crude
streams are commingled in the same tank), report each crude
parcel acquired as a separate transaction.
Report all prices in U.S. dollars and cents per barrel (e.g.,
$34.14). Report all volumes in 42 U.S. gallon barrels rounded to
the nearest barrel. For example, report 245,543.54 bbl as
245,544 bbl.

EIA-856, Monthly Foreign Crude Oil Acquisition Report

Page 1

Report all data according to the most accurate records available to
the firm at the time of filing. Where data to be reported are not yet
finalized in the firm's accounting records, the firm's best estimate
based on interim records may be reported. Estimates should be
review ed w hen more complete information is available and, if
appropriate, resubmitted in accordance w ith the provisions outlined
under Resubmissions below .
Note: For those cargos for w hich the cost of the crude oil is
determined after the report month in w hich it is acquired and
reported to EIA (e.g., "netback" pricing), all information about the
cargo should be included except price information w hich should be
reported as zeroes. A reference to this transaction should be
placed in the Comments section of Part 3. When the price is
determined in accordance w ith the terms of the purchasing
agreement, the transaction must be resubmitted w ith the next
regularly scheduled report.
Canadian crudes are often imported into the United States in
relatively small pipeline lots. Therefore, in order to help minimiz e
reporting requirements, companies may aggregate identical types
of transactions of Canadian oil purchased from the same vendor
and imported via pipeline (e.g., spot-f.o.b.-third party purchases of
Canadian Lloydminster).
Resubm issions
Resubmissions are required:
•

If cargos (or a portion of a cargo) of foreign crude oil w hich were
acquired and reported in a previous month and w ere
subsequently sold or delivered on exchange in the report month
and/or are no longer intended for importation into the United
States.

•

If the price previously reported in column (m) or (o), either on
the original report or on a prior resubmission, changes by plus
or minus five percent (+5%), or if the quantity reported in
column (I), either on the original report or on a prior
resubmission, changes by plus or minus five percent (+5%).

•

For errors in all other columns, except column (n), for w hich
resubmissions are required for material changes only.

Each resubmission w ill establish a new base to w hich the five
percent threshold w ould be applied in determining w hether
subsequent resubmissions are required (i.e., in applying the five
percent threshold, the sum or net of all changes to the previously
reported price or volume should be used). A retroactive price
adjustment w hich changes the price(s) of any previously reported
transaction(s) by plus or minus five percent (+5%) w ould
necessitate a resubmission of that (those) transaction(s).
All revisions must be submitted w ithin 120 days after the cargo was
originally reported. How ever, EIA must be notified of significant
changes discovered after 120 days and w ill determine if a
resubmission is needed. For each transaction that is revised, report
all data elements, even those elements that did not change. For the
elements that are changed, enter the corrected value/information.
In correcting volumes or prices, enter the full (i.e., corrected)
volume or price, not the net change.

PART 1. IDENTIFICATION DATA

being submitted.
Enter the 10-digit EIA ID Number. If you do not have a number ,
submit your report leaving this field blank. EIA w ill advise you of
the number.
Enter the name and addresses of the reporting company. If they
are the same, only report one address. If there is any change to
your respondent information (i.e., company name or address,
contact name, telephone number, fax number or email address)
since the last report, enter an “X” in the block provided.
Enter contact name, telephone number, fax number, and email
address.
Enter the month, day, and year this report is being filed.
Type of Report: Check the box w hich indicates w hether this form
is: (1) an Original, or (2) a Resubmission. If this is a
resubmission, enter the date of the report for w hich this report is
a resubmission.

PART 2. SUMMARY DATA
Total Acquisitions: Report the aggregate volume of foreign
crude oil acquired by the firm in the report month for importation
into the United States. All relevant acquisitions are to be
included, regardless of the terms and/or conditions under w hich
they w ere acquired. The total volume should equal the sum of
all volumes reported in Part 3 column (I) for the report month.
Volumes for resubmissions should not be included in this total.
Offshore Inventories: Report the aggregate volume of foreign
crude oil ow ned by the firm, intended for eventual importation
into the United States, and w hich is held in storage (either in
terminals or floating) outside the United States and/or is enroute
to the United States as of the end of the report month. The
residual of cargos that had begun to be off-loaded during the
report month but had not completed such off-loading should be
excluded from this number.

PART 3. TRANSACTIONS
Number the pages of your Part 3 Transactions. For example, the
first of tw o pages w ould be page 1 of 2.
EIA ID Number: Enter the 10-digit identification
assigned to the reporting firm for this survey.

number

Report Period: Enter the year and month for w hich this form is
being submitted.
Enter the month, day, and year this report is being filed.
Colum n Instruction
(a) Transaction Number: Number each original transaction
consecutively for reference purposes. If more than one sheet
is required, continue the number sequence.
(b) Type of Transaction: Enter the appropriate letter or letters
w hich designate the type of transaction:
H-

Cargo acquired directly from a host government or its
agent,

Report Period: Enter the month and year for w hich this form is

EIA-856, Monthly Foreign Crude Oil Acquisition Report

Page 2

T-

Cargo acquired directly from a nonaffiliated third party.

A-

Cargo acquired from an affiliated company that is not
part of the firm,

AH - Affiliate-host government
Note), or
AT -

acquisition (see follow ing

Affiliate-third party acquisition (see follow ing Note).

Note: There are some circumstances w herein a firm's
intracorporate transfer price from its international supply
organization to its domestic operating arm may be submitted in
lieu of an arms-length price (see Acquisition Price, Item (m),
later in this section for specifics). For such intracorporate
transfer prices, indicate, to the extent possible, the type of
transaction by the supply organization. Transactions in w hich
crude oil acquired by the supply organization from a host
government under buy-back, equity, concessionary, or other
non-market conditions, should be coded "AH." If your
company's supply organization purchases crude from an
unaffiliated third party, and the reporting of a transfer price is
permitted under the terms of column (m), label the transaction
"AT."
(c&d) Country/Crude Code.and Crude Type: In column (c), enter
the country/stream code. (For a list of crude stream codes
see
Appendix
A
Crude
Stream
Codes
at
http://w w w.eia.gov/survey/form/eia_856/eia856appa.pdf.)
Enter the generic name of the crude stream in column (d)
(e.g., Bonny Light, Maya, etc.). If there is no country/stream
code listed in Appendix A for a particular crude, enter only
the tw o-letter country-of-origin designator in column (c) and
the generic name in column (d).
(e) Gravity: Report the actual gravity of the crude (not merely the
nominal gravity as given in Appendix A) to the nearest tenth of
a degree. Do not round up (e.g., gravities from 39.00 to 39.09
should be reported as 39.0). The actual gravity may differ from
the nominal gravity associated w ith the particular stream.
(f) Date of Loading: Report the year, month, and day (YYMMDD)
that the loading of the cargo w as completed in the
country-of-origin for exportation to the United States. In those
cases in w hich the cargo w as acquired by the firm at some time
after loading in the country-of-origin, report the date on w hich
that cargo w as acquired by the firm. Dates on w hich a cargo
w as transshipped from an intermediate facility should not be
reported as the Date of Loading unless that is the date on w hich
the cargo w as acquired by the firm.
(g) Port of Loading: Enter the original port in the country of origin at
w hich the crude w as loaded. Abbreviate as necessary. For
Canadian crude imported by pipeline, enter the point at w hich
the crude entered the trunkline system. In cases w here the
original port of loading is not know n (e.g., in cases w here the
cargo w as acquired after loading), enter the notation "NA." A
transshipment facility should not be reported as the Port of
Loading unless that w as the location at w hich the cargo was
acquired by the firm.
(h) Port of Destination: Enter the appropriate 4-digit U.S. Port Code
to designate the port at w hich the crude is expected to be
discharged. (For a list of U.S. port codes see
http://w w w.eia.gov/survey/form/eia_856/eia856appb.pdf
for
Appendix B U.S. Port Codes.) This should correspond to the

Port of Destination specified on the bill of lading. If the U.S.
Port is unknow n at the time of this report, indicate the port
w here transshipment, lightering, or terminalling activities are
expected to occur.
(I) Date of Landing: Enter the year and month of (expected)
landing. For example, report November 2017 as 1711.
(j) Vessel/Carrier: Enter the name of the vessel in w hich crude
w as loaded. Abbreviate as necessary. For Canadian crude
imported by pipeline, enter the name of the pipeline, if
know n, or enter “Pipeline." For crude imported by rail cars
enter “Rail Cars.”
(k) Contract/Point Code: Enter the tw o-letter code w hich w ill
indicate the terms and location of the acquisition. The first
letter of the code w ill be "S," "C," "E,” “N,” or “T” w hich
designates w hether the acquisition w as a(n):
S-

Spot purchase,

C-

Contract/term or continuing supply agreement,

E-

Exchange agreement,

N-

Netback or other agreement of a contract or continuing
supply agreement nature w herein the price paid is to
be determined at a future date (e.g., five days after
landing), or

T-

Same as "N" but the purchase w as not in association
w ith a continuing supply agreement (e.g., a spot
purchase).

The second letter of the code w ill be "F," “P,” “U,” “T," or "R"
w hich designates w here the cargo w as purchased:
F-

Cargo acquired in country-of-origin w ith f.o.b. terms,

P-

Cargo acquired in country-of-origin w ith CIF
non-f.o.b. terms,

U-

Cargo acquired at U.S. port-of-entry w ith CIF terms,

T-

Cargo acquired at U.S. port-of-entry w ith f.o.b. terms,
or

R-

Cargo acquired enroute or at an intermediate point
(e.g., a terminal or trans shipment center).

or

For example, if under the terms of a continuing supply
agreement, a respondent takes title to a shipment of oil at
the port of loading under f.o.b. terms, then that respondent
should enter "CF" for that shipment.
(I) Volume Acquired: Report the actual volume, in w hole barrels,
of each crude parcel that w as acquired in the report month
for importation into the United States. All such acquisitions
should be reported. Volumes/cargos previously reported to
EIA on the EIA-856 but given up during the report month (i.e.,
either sold or delivered on exchange), or w hich are no longer
intended for importation into the U.S., should be reported as
resubmissions
(see Resubmissions
in Section 7).
Volumes/cargos acquired and subsequently given up in the
same month (i.e., the report month) should not be reported.

EIA-856, Monthly Foreign Crude Oil Acquisition Report

Page 3

Since the EIA-856 is filled on a cargo-specific basis, it is implic it
that the reported acquisitions w ill have been loaded by the time
the report w as filed. In cases w here foreign crude oil was
acquired but not loaded by the time the report w as filed, those
parcels should be reported as soon as the cargo-specific data
are available (i.e., presumably w hen the volumes are loaded).
(m) Acquisition Price: Enter the price, in dollars per barrel that the
firm paid to acquire the cargo of crude oil. Premia and discounts
charged to, or given to, the purchasing firm by the seller are to
be included (i.e., added or subtracted, respectively, in
computing the price paid). All export taxes or fees assessed by
the country of exportation should also be included. Prices need
not be reported for exchange transactions. A resubmission is
required if a reported transaction is subsequently subjected to
retroactive price adjustments that change the previously
reported price by plus or minus five percent (+5%).
The intracorporate transfer price charged to the U.S. domestic
arm of the firm may be substituted for the firm's actual
acquisition price if:
(1) The oil is acquired from a producing government, or its
w holly controlled agent, as a result of concessionary
agreements betw een the reporting firm's international
purchasing organization and the producing government.
Likew ise, if the oil is obtained in payment for services
rendered to the producing government (such as the
company's equity share of production), then the transfer
price to the domestic operating company may be similarly
reported as the acquisition price. In these cases w here a
transfer price is reported, the purchase is coded as an
affiliate/host government purchase according to the
instruction given in (b) above.
(2) Occasionally, oil purchased by the firm from an unaffiliated
third party may be physically commingled w ith the
purchasing firm's existing stocks (prior, or subsequent to
loading on a ship or into a pipeline). In the case w here a
portion of these stocks or shipments is later designated as
bound for U.S. importation and the U.S. bound shipment
cannot be identified w ith a specific purchase or purchases
by the firm due to physical commingling of the oil, the firm's
intracorporate transfer price to the U.S. domestic operating
arm may be reported as the acquisition price. The parcel
should be coded as an affiliate/third party purchase
according to the instructions given in (b) above.
(n) Other Cost: Report separately as Other Costs, in dollars per
barrel, demurrage, agent’s fees, import tariffs and fees,
w harfage, and any pipeline charges for movement of oil from
offshore discharge points to the port of actual importation.
(While these charges are normally treated as non-purchase
costs associated w ith importing or "landing" foreign oil, they
are explicitly excluded by the International Energy Agency
(IEA). They are reported separately here to enable DOE to
accurately fulfill its obligations to the IEA.) Do not include any
charges w hich are reported in Landed Cost (column (o)).
(o) Landed Cost: Report as the Landed Cost price the cost to the
firm, in dollars per barrel (e.g., $32.48), to purchase and
transport the foreign crude oil to the United States. The Landed
Cost price should include the price paid to acquire the crude
(column (m)) plus the cost of transportation from the point of
acquisition up to the point of discharge, including insurance,
transshipping fees, and lightering fees. Transportation and

other charges incurred in moving the cargo from the
discharge port to the refinery should not be included. Do not
include charges incurred at the discharge port, e.g., impor t
tariffs or fees, w harfage charges, and demurrage charges.
(p) Days of Credit: The number of days of credit extended to the
firm by the seller is not required to be reported. This
information is optional.
(q) Name of Vendor: Enter the name of the vendor of this
shipment of crude oil. If there are multiple vendors for one
cargo, use the name of the pipeline transporting the crude oil
as a proxy for vendor.
Comments: Report any occurrence that could explain variation
in the data reported by your firm. List the Transaction Number(s )
from column (a) w hich refers to the explanation.

8.

PROVISIONS REGARDING
CONFIDENTIALITY OF INFORMATION

The information reported on this form w ill be protected and not
disclosed to the public to the extent that it satisfies the criteria
for exemption under the Freedom of Information Act (FOIA), 5
U.S.C. §552, the Department of Energy (DOE) regulations, 10
C.F.R. §1004.11, implementing the FOIA, and the Trade Secrets
Act, 18 U.S.C. §1905.
The Federal Energy Administration Act requires EIA to provide
company-specific data to other Federal agencies w hen
requested for official use. The information reported on this form
may also be made available, upon request, to another
component of DOE; to any Committee of Congress, the
Government Accountability Office, or other Federal agencies
authorized by law to receive such information. A court of
competent jurisdiction may obtain this information in response to
an order. The information may be used for any nonstatistical
purposes such as administrative, regulatory, law enforcement,
or adjudicatory purposes.
Data protection methods are applied to the statistical data
published from EIA-856 survey information to ensure that the
risk of disclosure of identifiable information is very small.
Information from this form are provided to the Bureau of Labor
Statistics (BLS) of the Department of Labor as a primary input
for calculating price indices for foreign crude oil. Company
specific data are also provided to other DOE offices for the
purpose of examining United States’ crude oil imports.

9. SANCTIONS
The timely submission of Form EIA-856 by those required to
report is mandatory under 15 USC 772(b), as amended. Failur e
to respond may result in a civil penalty of not more than $10,949
per day for each violation. The government may bring a civil
action to prohibit reporting violations w hich may result in a
temporary restraining order or a preliminary or permanent
injunction w ithout bond. In such civil action, the court may also
issue mandatory injunctions commanding any person to comply
w ith these reporting requirements.

EIA-856, Monthly Foreign Crude Oil Acquisition Report

Page 4

10. FILING FORMS WITH FEDERAL
GOVERNMENT AND ESTIMATED REPORTING
BURDEN
Respondents are not required to file or reply to any Federal
collection of information unless it has a valid OMB control number .
Public reporting burden for this collection of information is
estimated to average 6.1 hours per response, including the time of
review ing instructions, searching existing data sources, gathering
and maintaining the data needed, and completing and review ing
the collection of information. Send comments regarding this burden
estimate or any other aspect of this collection of information
including suggestions for reducing this burden to: U.S. Energy
Information Administration, Office of Statistical Methods &
Research, EI-21, 1000 Independence Avenue, SW, Washington,
DC 20585; and to the Office of Information and Regulatory Affairs,
Office of Management and Budget, Washington, DC 20503.

11. DEFINITIONS
Acquisition (foreign crude oil) - All transfers of ow nership of
foreign crude oil to the firm, irrespective of the terms of that transfer.
Acquisitions thus include all purchases and exchange receipts as
w ell as any and all foreign crude acquired under reciprocal buy-sell
agreements or acquired as a result of a buy-back or other
preferential agreement w ith a host government.
Affiliate - An entity w hich is directly or indirectly ow ned, operated,
or controlled by another entity.
Buy-Back Oil - Crude oil acquired from a host government
w hereby a portion of the government's ow nership interest in the
crude oil produced in that country may or should be purchased by
the producing firm.
CIF (Cost, Insurance, and Freight) - A type of sale in w hich the
buyer of the product agrees to pay a unit price that includes the
f.o.b. value of the product at the point of origin plus all costs of
insurance and transportation. This type of transaction differs from
a "delivered" purchase in that the buyer accepts the quantity as
determined at the loading port (as certified by the Bill of Lading and
Quality Report) rather than pay on the basis of the quantity and
quality ascertained at the unloading port. It is similar to the terms
of an f.o.b. sale except that the seller, as a service for w hich he is
compensated, arranges for transportation and insurance.
Concession - The operating right to explore for and develop
petroleum fields in consideration for a share of production in kind
(equity oil).
Concessionary Purchases - The quantity of crude oil exported
during the reporting period w hich w as acquired from the producing
government under terms w hich arise from the firm's participation in
a concession. It includes preferential crude w here the reporting
firm's access to such crude is derived from a former concessionary
relationship.
Consolidated Entity - (See Firm)
Contract - (See Term Agreement)
Crude Oil - A mixture of hydrocarbons that exists in liquid phase in
natural under-ground reservoirs and remains liquid at atmospheric
pressure after passing through surface separating facilities.
Depending upon the characteristics of the crude stream, it may also
include:

1. Small amounts of hydrocarbons that exist in gaseous phase
in natural underground reservoirs but are liquid at
atmospheric pressure after being recovered from oil w ell
(casinghead) gas in lease separators and are subsequently
commingled w ith the crude stream w ithout being separately
measured. Lease condensate recovered as a liquid from
natural gas w ells in lease or field separation facilities and
later mixed into the crude stream is also included;
2. Small amounts of nonhydrocarbons produced w ith the oil,
such as sulfur and various metals;
3. Drip gases, and liquid hydrocarbons produced from tar
sands, oil sands, gilsonite, and oil shale.
Liquids produced at natural gas processing plants are excluded.
Crude oil is refined to produce a w ide array of petroleum
products, including heating oils; gasoline, diesel and jet fuels;
lubricants; asphalt; ethane, propane, and butane; and many
other products used for their energy or chemical content.
Crude oil is considered as either domestic or foreign according
to the follow ing:
a. Domestic Crude Oil - Crude oil produced in the United States
or from its outer continental shelf as defined in 43 U.S.C.
§1331.
b. Foreign Crude Oil - Crude oil produced outside the United
States.
Demurrage - The charge paid to the vessel ow ner or operator
for detention of a vessel at the port(s) beyond the time allow ed,
usually 72 hours, for loading and unloading.
Equity Crude Oil - The proportion of production that a
concession ow ner has the legal and contractual right to retain.
Exchange - Any transaction in w hich quantities of crude oil, or
any other petroleum product, are received or given up in return
for other crude oil or petroleum products.
Firm - An association, company, corporation, estate, individual,
joint venture, partnership, sole proprietorship, or any other entity,
how ever organized, including: (a) charitable or educational
institutions; (b) the Federal Government, including corporations,
departments, Federal agencies and other instrumentalities; (c)
and State and local governments.
A firm may consist of (1) a parent entity, including the
consolidated and unconsolidated entities (if any) that it directly
or indirectly controls; (2) a parent and its consolidated entities
only; (3) an unconsolidated entity; or (4) any part or combination
of the above. Reporting by parent companies is preferred to
minimize the possibility of double-counting or under-reporting.
a.

Parent - A firm that is not directly or indirectly controlled by
another entity.

b.

Parent and its Consolidated Entities - A parent and those
firms (if any) that are affiliated w ith the parent entity for
purposes of financial statements prepared in accordance
w ith generally accepted accounting principles historically
and consistently applied. An individual shall be deemed to
control a firm w hich is directly or indirectly controlled by

EIA-856, Monthly Foreign Crude Oil Acquisition Report

Page 5

him/her or by his/her father, mother, spouse, children or
grandchildren.
c.

d.

Unconsolidated Entity - A firm that is affiliated w ith a parent
entity but not consolidated w ith the parent entity for purposes
of financial statements prepared in accordance w ith generally
accepted accounting principles. An unconsolidated entity
includes any firm consolidated w ith the unconsolidated entity
for purposes of financial statements prepared in accordance
w ith generally accepted accounting principles historically and
consistently applied. An individual shall be deemed to control
a firm w hich is directly or indirectly controlled by him/her or by
his/her father, mother, spouse, children, or grandchildren.
Parent and Affiliated Firms - A parent and those firms w hich
are its (a) consolidated and (b) unconsolidated entities.

F.O.B. Price (free on board) - The price actually charged at the
producing country's port of loading. The reported price includes
deductions for any rebates and discounts or additions of premiums
w here applicable and should be the actual price paid w ith no
adjustment for credit terms.

Stream – Crude oil produced in a particular field or a collection
of crude oils w ith similar qualities from fields in close proximity ,
w hich the petroleum industry usually describes w ith a specific
name, such as Saudi Light.
Term Agreement - A term or contract agreement is any w ritten
or unw ritten agreement betw een tw o parties in w hich one party
agrees to supply a commodity on a continuing basis to a second
party for a price or for other considerations.
Third Party Transactions - Third party transactions are
arms-length transactions betw een nonaffiliated firms. For the
purpose of this report, producing country-to-company
transactions are not considered to be third party transactions.
(See Instructions for Part 3, Column (b))
Transshipment - A method of ocean transportation w hereby
ships off-load their oil cargo to a deep w ater terminal, floating
storage facility, temporary storage, or to one or more smaller
tankers from w hich or in w hich the oil is then transported to a
market destination.

Host Government - The government (including any government
controlled firm engaged in the production, refining or marketing of
crude oil or petroleum products) of the foreign country in w hich the
crude oil is produced.
Landed Cost - Landed Cost represents the dollar per barrel price
of crude oil at the port of discharge. Included are the charges
associated w ith the purchase, transporting, and insuring of a cargo
from the purchase point to the port of discharge. Not included are
charges incurred at the discharge port (e.g., import tariffs or fees,
w harfage charges, and demurrage charges).
Lease Condensate - A mixture consisting primarily of
hydrocarbons heavier than pentanes that is recovered as a liquid
from natural gas in lease separation facilities. This category
excludes natural gas liquids, such as butane and propane that are
recovered at dow nstream natural gas processing plants or
facilities.
Netback Purchase Refers to a crude oil purchase agreement
w herein the price paid for the crude is determined by sales prices
of the types of products that are derivable from that crude as w ell
as other considerations (e.g., transportation and processing costs).
Typically, the price is calculated based on product prices extant on
or near the cargo's date of importation.
Spot Purchase - A spot purchase transaction is a purchase w hich
does not fall under the terms of a continuing supply arrangement.
The conditions of the transaction betw een the importer and the
seller determine w hether a particular purchase is spot. For
instance, in the case w here a company has an on-going crude
supply contract w ith a supplier, the crude supplied under that
contract is treated as term even if purchased at a spot market price,
so long as it is supplied to the importer under the continuing supply
arrangement. If, on the other hand, the supplier delivers crude
outside the conditions of the on-going supply arrangement, then
the purchase covering such supply should be reported as a spot
transaction.
DOE is aw are of the difficulty in identifying spot transactions, and
asks the respondents to indicate spot transactions w here they
consider the conditions of the purchase to conform to their own
judgment of spot transactions outside of normal term
arrangements.

EIA-856, Monthly Foreign Crude Oil Acquisition Report

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