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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. Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production.

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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.

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

Oil Gas Leads

Discrepancies arise when end-of-well (EOW) costs do not align with actual vendor invoices due to missing or inaccurate field entries. Additionally, every vendor invoice should include detailed descriptions and ticket numbers to facilitate cost verification at the field level.

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