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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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Permian Basin Gas Production Pushes Limits – Infrastructure Expansion Needed

Rextag

The rapid growth of natural gas production in the Permian Basin is pushing existing infrastructure to its limits, and additional pipeline projects are on the horizon to meet rising demand, according to East Daley Analytics. Energy Information Administration (EIA). Bcf/d of natural gas from the Permian to Katy, Texas.

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Highlights from Energy Transfer’s 2023 Corporate Responsibility Report

Energy Transfer

Growth Acquired Crestwood Equity Partners and Lotus Midstream Operations. billion in organic growth projects, including an eighth fractionator at Mont Belvieu NGL Complex and a new processing plant in the Permian Basin. If there was no change to the information provided in 2022, you will not find any mention of it in this report.

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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%). These investments were primarily in the midstream NGL and refined products segments.

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How the Oil & Gas Industry is Helping Reduce Emissions

Energy Transfer

According to just-released data from the Environmental Protection Agency, methane emissions across all major oil and gas basins in the U.S. In fact, the No. 1 reason carbon emissions have decreased in the U.S. Methane emissions have also plunged. have fallen 44 percent since 2011. Also of note are advancements U.S.

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

Rextag

Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana. Phillips 66: Chemical and Midstream Magic Phillips 66 surprised investors with a Q3 profit beat, driven by strength in its chemicals and midstream segments.

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Blackbeard Operating: Well Permits and Drilling Activity in Block B21

Oil Gas Leads

Projected Well Depth Analysis Horizontal Wells: Average depth of 7,999 feet Vertical Wells: Average depth of 7,349 feet This information provides insights into well design and planning, which is crucial for equipment suppliers and service providers. Drilling Operation Breakdown Horizontal Drilling: 75.7% Vertical Drilling: 24.3%