Upstream.

Midstream.

Downstream.

Upstream.

Midstream.

Downstream.

The term upstream refers to anything having to do with the exploration and production of oil and natural gas. Geologic surveys and any information gathering used to locate specific areas where minerals are likely to be found is commonly called exploration.

The midstream segment of the oil and natural gas industry refers to anything required to transport and store crude oil and natural gas before they are refined and processed into fuels and key elements needed to make a very long list of products we all depend on every day.

The final sector of the oil and natural gas industry is known as downstream. This includes everything involved in turning crude oil and natural gas into thousands of finished products we use every day.

2.2