What is upstream and downstream & midstream oil and gas operations
Upstream operations means identify deposits, drill wells and recover raw materials (Hydrocarbon- oil & gases) from underground or sea.
Midstream operations link the upstream and downstream bodies. In the simplest terms the midstream industry can be described as the part of the process which involves the shipping and storage of the oil.
Downstream operations include refineries and marketing. These service area turn crude oil into usable products such as gasoline, fuel oils and petroleum-based products.
Credits - Amit Upadhyay