What is midstream upstream and downstream?
‘Upstream’ is about extracting oil and natural gas from the ground; ‘midstream’ is about safely moving them thousands of miles; and ‘downstream’ is converting these resources into the fuels and finished products we all depend on.
What is upstream midstream and downstream energy?
Upstream extracts feedstocks used to produce fuels and petrochemicals. Midstream moves and stores feedstocks and finished products. Downstream processes crude oil and natural gas into finished products.
What means midstream?
Midstream refers to points in the oil production process that falls between upstream and downstream. In particular, midstream activities include the storage, processing, and transportation of petroleum products. These may include companies that specialize in operating tanker ships, pipelines, or storage facilities.
What are the 3 basic steps in the refining process?
All refineries have three basic steps: separation, conversion and treatment. During the separation process, the liquids and vapors separate into petroleum components called factions based on their weight and boiling point in distillation units.
What does midstream mean?
Definition of midstream 1 : the middle of a stream. 2 : an intermediate stage in an act or process the tone changes in midstream.
What is midstream gas?
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, and natural gas liquids.
What is a midstream company?
Midstream companies operate the pipeline and gathering or transmission facilities that move the gas from the well (upstream) to our homes and businesses (downstream). Midstream operations also treat the product, remove water or waste products, compress it and get it ready for various markets downstream.