Midstream oil and gas Midstream operations are exactly what they sound like – a midpoint between upstream and downstream. This midpoint can include storage facilities of crude oil and natural gas and provide transportation of crude oil or natural gas through means such as trucks and pipelines. T...
When most people think of the oil and gas industry, they think of upstream - searching for oil, drilling wells, and getting hydrocarbons out of the ground. There is much less common knowledge about the midstream and downstream segments of the oil and gas industry. Maybe it's just because t...
Furnaces work by burning fuel such as gas, oil, or coal to produce heat, which is then distributed throughout a building or used for specific processes like melting metals or drying materials. A furnace is considered part of static equipment because it typically remains in one place and doesn...
The oil and gas industry requires critical OT infrastructure for upstream, midstream and downstream operations. OT monitors rigs, pumps and other extraction methods within upstream operations. It also performs remote asset management when oil and gas is transported, refined and stored during operations....
Energy began drilling horizontal wells in the Barnett Shale in and around Fort Worth, Texas. With improvements in technology, horizontal drilling is now considered an effective reservoir-development technique, helping increase the production of oil and natural gas extraction in many places around the ...
As a fossil energy with low carbon, natural gas has been regarded as an important energy for the energy green transition in the past few decades. It has lo
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ONEOK. If investors know ONEOK will grow in the future, the company's valuation will be higher. ...
If the oil’s API gravity is above 10 degrees, it is considered“light”and will float on water. If theAPI gravityis less than 10 degrees, the oil is“heavy”and will sink. API gravity decreases as thedensityof the compound being measured increases. ...
Midstream is a term used to describe one of the three major stages of oil and gas industry operations. Midstream activities include the processing, storing, transporting and marketing of oil, natural gas, andnatural gas liquids. The two other major stages are upstream, which refers to raw crude...
Upstream and downstream oil and gas production refers to an oil or gas company's location in the supply chain. Companies in theoil and gas industryare defined as upstream, downstream, or midstream. Some companies are considered "integrated" because they combine the functions of...