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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas.

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Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

billion Date: October 11, 2024 ExxonMobil made waves by acquiring Pioneer Natural Resources, securing 850,000 net acres in the Permian Basin. Production increased by 460,000 boe/d, making Chevron a major player in international energy markets. Positioned Sunoco as a midstream infrastructure leader, crucial for energy logistics.

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ConocoPhillips Q4 2024 Earnings Call: Key Updates on the Permian Basin

Oil Gas Leads

ConocoPhillips provided significant insights into its Permian Basin operations during its Q4 2024 earnings call, highlighting efficiency improvements, capital discipline, non-core asset sales, and potential growth opportunities tied to increasing U.S. This suggests further cost savings and productivity gains across its Lower 48 portfolio.

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The Challenges of DDR Data Entry and Cost Tracking in Oil & Gas Drilling

Oil Gas Leads

In this blog, well explore the most common pitfalls in DDR reporting and how companies can improve their data collection and cost tracking. Non-Productive Time (NPT) Billing Discrepancies Many operators fail to capture and bill back Non-Productive Time (NPT) costs to contractors.

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