The entire chain is known as the petroleum industry. However, the industry is usually divided into three major components: upstream, midstream and downstream. The upstream industry finds and produces crude oil and natural gas. The upstream is sometimes known as the exploration and production (E&P) sector.
Thereof, what is the difference between upstream and downstream flow?
The key to remembering upstream and downstream when talking about flow is to think about another flowing object—a river! The direction of travel from a source to an outlet is with the current, or downstream. Conversely, the direction of travel from an outlet to a source is against the current, or upstream.
What is upstream and downstream in oil and gas?
Upstream (petroleum industry) The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently drilling and operating the wells that recover and bring the crude oil or raw natural gas to the surface.
Is a refinery upstream or downstream?
The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.