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In a world awash with information, Upstream helps readers filter out the noise and zero in on what matters in the international energy industry.
Apr 16, 2024 · Upstream refers to points in production that originate early on in the processes. Also called exploration and production (E&P), upstream is farthest from the end-user consumer in the oil & gas...
The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface.
UPSTREAM definition: 1. (moving) on a river or stream towards its origin: 2. relating to an earlier stage in a process…. Learn more.
Jun 17, 2024 · Upstream operations include identifying, extracting, or producing materials. Downstream operations include the post-production of crude oil and natural gas, bringing products to consumers.
The O&G industry is generally categorized into three segments—namely, “upstream,” “midstream,” and “downstream” based on the operation stage in the supply chain. While “upstream” extracts oil and natural gas from the ground, “midstream” moves them safely, and “downstream” provides fuel oils and finished petroleum products.
Aug 21, 2023 · The term “upstream” differentiates these activities from the midstream and downstream sectors, which focus on the transportation, refining, and distribution of the extracted resources. Upstream activities in the oil and gas industry consist of the exploration and production process.
