Downstream, Midstream and Upstream Operations
The terms upstream and downstream oil and gas production refer to oil or Gas Company’s. Oil and gas companies are usually divided into one of three groups, upstream, downstream, and midstream. Some companies are considered to be "integrated" as they combine the functions of two or three of the groups. Upstream oil and gas production is done by the companies who identify, extract, or produce the raw materials. Downstream oil and gas production companies are closer to the end consumer, Many of the products that we use every day comes directly from the downstream production, including natural gas, gasoline, diesel, lubricants, pesticides, heating oil, pharmaceuticals etc.