Innovations in Upstream and Downstream operations


The upstream is known as the exploration and production (E&P) area as it encompasses activities related to searching for, recovering and generating crude oil and natural gas. While processing, transporting and selling refined products crafted from crude oil is the commercial enterprise of the downstream phase of the oil and gas industry.



The upstream enterprise unearths and produced crude oils & natural gas and it consists of three segments, exploration, drilling for drilling wells, production (recovering oil and gasoline from the field).



Downstream operation is known as Marketing and Distribution. Include processing (refining of oil), transporting and refined products this is made from crude oil. These provider converts crude oil into usable product which includes gas, gasoline oils, and petroleum-based products.



 


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