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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. Production increases in the Permian Basin, for example, are a challenge regarding the takeaway capacity of the existing pipeline infrastructure. This includes both onshore and offshore activities.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. Booked locations represent the summation of proved and probable locations, which are derived from McDaniel & Associates Consultants Ltd.’s

Energy 130