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Upstream Midstream Downstream – What is the Difference?

Aresco

What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. This includes both onshore and offshore activities.

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Technologies Increases Inventory and Logistical Capabilities Amid the 2022 Hurricane Season

Q2 Technologies

This is due to the fact that the US is still experiencing above normal La Nia effects which suppresses hurricane activity in the central and eastern Pacific basins, and ultimately bolsters the effects in the Atlantic basin, hence a wet 2022 season. Multiple carriers are key for successfully delivering chemical loads.

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Energy Transfer Caps 2024 with Strong Q4 and Full Year Earnings Results

Energy Transfer

We also saw strong performance in crude oil transportation volumes (up 15%), NGL transportation volumes (up 5%), NGL exports (up 2%), midstream gathered volumes (up 2%) and interstate natural gas transportation volumes (up 2%). Reconciliations back to the comparable GAAP measures can be found here. )