A must have book if you are an oil industry professional as one of the most complex industries in the world this book provides readers with an in depth coverage of companies that operate in all sectors of the oil gas industry that is upstream midstream and downstream. The oil and gas industry is usually divided into three major sectors upstream or exploration and production ep 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 drilling and operating the wells that . The oil gas analytical market is segmented on the lines of its product service software type and regional based on segmentation it is broadly segmented on the basis of application into upstream midstream and downstream in 2015 upstream application contributed 50 of the global share. Upstream and downstream are general business terms referring to an oil or gas companys location in the supply chain the closer to the end user a function or firm is the further downstream . The upstream segment of oil and gas is also known as exploration and production or ep because it encompasses activities related to searching for recovering and producing crude oil and natural gas
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