A process and system are described for the processing of gas associated with crude oil production, i.e. associated gas. A separation complex is used to separate produced fluids produced from a hydrocarbon reservoir into crude oil, liquefied petroleum gas, water, and natural gas. At least a portion of the natural gas is converted into synthesis gas in a synthesis gas generator. A combination of a synthesis gas conversion catalysts and hydroconversion catalysts are used in a synthesis gas reactor to convert the synthesis gas into a liquid effluent stream containing liquefied petroleum gas and a synthetic crude oil. The liquefied petroleum gas and synthetic crude oil from the synthesis gas reactor is sent to the separation complex. Liquefied petroleum gas is separated both from the synthetic crude oil and a natural crude oil obtained from the produced fluids. The system and process permits synthetic crude oil to be blended with the natural crude oil producing a blended stabilized crude oil having 2 wt % or more of the synthetic crude oil and with a pour point of 60° C. or less. Use of a common facility for separation operations on the natural crude oil and synthetic crude oil thus reduces capital costs and allows converted associated gases to be shipped with the natural crude oil on a conventional crude oil tanker.