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The oil and gas industry is usually divided into three major components: upstream, midstream and downstream. The midstream sector involves the transportation (by pipeline , rail, barge, oil tanker or truck), storage, and wholesale marketing of crude or refined petroleum products.
Midstream operations and processes include the following: Gathering: The gathering process employs narrow, low-pressure pipelines to connect oil- and gas-producing wells to larger, long-haul pipelines or processing facilities. [33] Processing/refining: Processing and refining operations turn crude oil and gas into marketable products.
The oil and gas industry is usually divided into three major sectors: upstream (also called exploration and production or E&P), midstream and downstream. [1] [2] The upstream sector includes searching for potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas ...
George Seay, Annandale Capital CEO, spoke with Yahoo Finance about the U.S. economy and where he sees the most growth happening amid the coronavirus pandemic.
For midstream, the expected growth in natural gas production and demand will require additional energy infrastructure, including pipeline and processing capacity. The outlook for US LNG has only ...
Targa Resources Corp. is a Fortune 500 [1] company based in Houston, Texas.Targa, a midstream energy infrastructure corporation, is one of the largest infrastructure companies delivering natural gas and natural gas liquids in the United States.