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Upstream Midstream Downstream – What is the Difference?

Aresco

OCTOBER 25, 2023

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? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.

Downstream

Downstream Midstream Upstream Crude Oil

Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

MARCH 15, 2023

Regardless, upstream producers who own working interests in leases containing add-back clauses would benefit from contacting an experienced attorney for further evaluation on this evolving area of the law and on whether Sheppard applies to its leases.

Royalty

Royalty Oil Gas Downstream

Energy Aggregated

Upstream Midstream Downstream – What is the Difference?

Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

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