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The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, [1] as well as the marketing and distribution of products derived from crude oil and natural gas.
Downstream, in manufacturing, refers to processes which occur later on in a production sequence or production line. Viewing a company "from order to cash" might have high-level processes such as marketing, sales, order entry, manufacturing, packaging, shipping, and invoicing. Each of these could be deconstructed into many sub-processes and ...
Downstream processing and analytical bioseparation both refer to the separation or purification of biological products, but at different scales of operation and for different purposes. Downstream processing implies manufacture of a purified product fit for a specific use, generally in marketable quantities, while analytical bioseparation refers ...
Integrated oil company Hess Corp. (NYSE: HES) has announced plans to complete its transformation into a pure-play energy exploration and production (E&P) company by shedding its remaining ...
Downstream may refer to: Downstream (hydrology) , the direction towards the mouth of a stream, i.e. the direction the current flows Downstream (bioprocess) , when a cell mass from an upstream process (isolated, grown and harvested) is further processed to meet purity and quality requirements
AFE – Authorization for expenditure, a process of submitting a business proposal to investors; AFP – Active rire protection; AGA – American Gas Association; AGRU – acid gas removal unit; AGT – (1) agitator, used in drilling; AGT – (2) authorised gas tester (certified by OPITTO)
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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.