It ended up draining off fine, the first 3-4 minutes of draining produced water that was as clear as drinking water. The it gradually turned into water with oil drops, then oil with water drops, then milky oil (white/brownish), then regular oil (which was the brown color). Looking at the picture, it looks like there's 4 layers...the bottom white, the mixed oil, the good oil, then air space. My kids thought it was magic (as did my neighbor), they couldn't figure out how I got the oil to levitate in the middle until I told them the truth and dropped the story about magnets being on the bottom of the tank and iron being in the oil, so the magnets were repelling the iron and making it all levitate
I knew the oil was suspect when I picked it up, it was one of those "all or nothing" deals though so I had to take it all. That pic is a 275 gallon tote so that's easily 60 gallons of water/? on the bottom, I didn't expect it to be nearly that bad.
Anyway, I just finished the first leg of the trip and while the first batch in my truck tank ran ok (I was down on power and mileage), it was 100X better than when I filled up from my auxillary and the truck quit on me 12 miles later, in a freaking snowstorm, with crazy drivers that were coming within literally two inches of my truck because they wouldn't move over one lane. This was 420 miles in the trip and I still had a solid 225 to go.
But anyway, after some prayers that allowed the truck to restart and make it to a gas station, I topped off the tank with 2 gals of diesel. The truck ran fine for 30 minutes and then back to running like crap, i.e. 10 mph top speed, HIGH egt's, no power, shaky idle, etc., so I stopped at another gas station, idled for 45 minutes, high idled for another 15, then squeezed 4.5 gallons more diesel into the tank. This suspect mix will fool you because after I topped off with the first 2 gallons, the truck idled fine, passed all the AE tests, and had me thinking that it's good to go.
Anyway, the second 4.5 gallons did the trick and then the truck could at least maintain highway speeds (although still underpowered) so I went another 30 miles and then stopped and squeezed another 3 gallons of diesel into the tank for a total of 9.5 gallons of diesel in a 44 gallon tank. After that, I could at least run 70mph again so I hightailed it the last 225 miles to my destination. So to recap, 420 miles of no problems other than low power and mpg (about 10.5) mpg followed by 225 miles of crappy running fixed by adding 25% diesel to the truck tank.
So I'm calling this oil, "filler oil" in that it'll save you money by taking up space in your tank, and it'll burn relatively cleanly, but it's mainly just filler. I'll run it at 50/50 on the way home so I can use it all up but you better believe that I'll be keeping a close eye on my EGTs and I'll buy a tube so that I can siphon the tank empty if need be.
I had AE on my laptop for the trip and it had me worried because it basically said that injectors 1,3,5, & 7 were all failing their CCT and the PerDels were off the charts. Since I had just filled up I immediately thought bad gas but was also thinking that because of the AE readings, I had destroyed possibly the injectors, the fuel pump, or the HPOP went out on me. Luckily, all the codes cleared and the injectors returned to normal once I mixed in the diesel (or just idled on the suspect mix) so those fears were allayed.
As for smoke, I was pretty much smokeless until I put the bad mix in and then I only had a light blue haze at idle. At HWY speeds, there was no smoke at all and it appeared to burn cleanly.