What is the difference between upstream and downstream oil and gas

Representation of upstream , midstream , and downstream industry. These cookies do not store any personal information. The oil and gas industry is like a see-saw. Downstream operations are functions regarding oil and gas that happen after the production phase, through to the point of sale. The world's dependence on oil and gas is increasing as global economies and infrastructure continue to rely heavily on petroleum-based products. More recently, there has been a resurgence of confidence in the industry as it enters its third year of recovery. Is AI the next revolution for the oil and gas industry?

Regardless of the industry involved, the downstream process has direct contact with customers through the finished product. Read on for an overview of each of the three sectors and how they contribute to the final petroleum product. Wao,its a very informative article. TEG: Environmental. This involves companies actively searching for underground and underwater sources of crude oil and natural gas.

See our User Agreement and Privacy Policy. The hydrogen sulphide by-product is then converted into elemental sulphur. We'll assume you're ok with this, but you can opt-out if you wish. This is done using sophisticated drilling equipment which is used to tap into the sources and draw oil and natural gas to the surface. Examples of downstream companies include leading U. The midstream segment is separated from upstream and downstream in most oil companies because it is considered a low risk, regulated type of business. Technology and regulatory changes has turned the US into a major oil producer and exporter.

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For example, the midstream sector may include natural gas processing plants that purify the raw natural gas as well as removing and producing elemental sulfur and natural gas liquids NGL as finished end- products. Air Pollutant Emissions [Online]. Vehicles Powered by Natural Gas. In contrast, the downstream production process involves processing the materials collected during the upstream stage into a finished product. PDS v. Apr 28 Read Comments I found this very educative..
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Additionally, the upstream process in this industry involves bringing oil and gas to the surface. Improving exploration success through extensive seismic, logging and drilling technologies is discussed further in subsequent parts of the Exploration module. Providing a warm, comfortable, inviting place to eat and rest is as critical as the work itself. Visibility Others can see my Clipboard. In most cases, oil and gas reserves are not located in the same geographic location as refining assets and major consumption regions.
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Request information. Downstream industry provides numerous products such as jet fuel, gasoline , diesel , synthetic rubber, plastics, pesticides, pharmaceuticals, natural gas, and propane. Extraction wells represent an example of a structure operating in this stage in the process. The pollutant being looked at is automatically set to sulfur oxides, but try changing the pollutant to nitrogen oxides, volatile organic compounds, or carbon monoxide! Your email address will not be published. References "Midstream".
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Fuel for Thought China, one of the largest consumers of transportation fuel globally, had a lot at stake when it became the ground zero for coronavirus COVID and subsequ Upstream vs. Humans rely on petroleum for many goods and services, but it has a large and negative impact on the environment. This is known as vertical integration because one management team at one location supervises the upstream and downstream aspects of production. Petroleum falls into the fossil fuel category due to the fact that it is a product of naturally decaying prehistoric plant and animal matter.
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This means refining crude oil and purifying natural gas. Skip to content. Conversely, oil is an expense for downstream refining and petrochemical operations. Lone Tree typically serves clients that operate in this sector. Your Practice. All rights reserved. ISO defines "Upstream" in its definition section as: 3.
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What is the difference between upstream and downstream oil and gas:

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