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Upstream Midstream Downstream – What is the Difference?

Aresco

Key Processes: Exploration, reservoir analysis, drilling, well completion, and production. Assets: Upstream assets include oil and gas fields (land and mineral rights), drilling rigs, production platforms, and wells. Assets: Midstream assets include pipelines, storage tanks, terminals, and transportation infrastructure.

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Possible Change to Jones Act Interpretations Regarding Coastwise Activities

The Energy Law

Historically, the CBP (and its predecessor, the United States Customs Service) held that pipeline related equipment carried on a vessel and which was used in the activity in which the vessel was engaged ( i.e., used “on or from” the vessel) constituted “vessel equipment” rather than “merchandise”.

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Trump’s tariffs on steel, aluminum to raise costs for US energy firms, experts say

BOE Report

Steel is essential for everything from the drilling rigs and pipelines to refineries and storage tanks provided by companies such as ChampionX and Patterson-UTI [Read more]