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Upstream vs Downstream

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Turnaround Maintenance

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Turnaround maintenance is a critical downstream activity for refineries and petrochemical plants, involving periodic shutdowns for maintenance, repair, and inspection to ensure operational safety and efficiency.

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Commodity Trading

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Commodity trading is an activity spanning both upstream and downstream operations, involving the buying and selling of raw and refined petroleum products in various markets and exchanges.

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Reservoir Engineering

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Reservoir engineering is an upstream aspect dealing with the assessment of oil and gas deposits and designing methods of extraction that maximize economic recovery.

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Offshore Drilling Rigs

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Offshore drilling rigs are crucial upstream installations for extracting oil and gas from beneath the seafloor, involving specialized floating or fixed structures.

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Product Retailing

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Product retailing is a downstream activity involving the direct sale of refined petroleum products to consumers, primarily through gas stations.

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Drilling

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Drilling is an upstream activity involving the creation of wellbores to access reservoirs of hydrocarbons beneath the earth's surface.

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Exploratory Drilling

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Exploratory drilling is an upstream activity focused on drilling wells in unproven areas to discover new hydrocarbon reserves.

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Retail Logistics

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Retail logistics in the downstream sector includes the supply chain management and delivery of petroleum products to end-users, ensuring the right products reach the right locations timely.

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Upstream

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Upstream refers to the exploration and production phase of oil and gas. Activities include seismic surveys, drilling of exploratory wells, and extraction of crude oil and natural gas.

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Pipeline Transportation

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Pipeline transportation is mainly considered a downstream activity, involving the movement of oil and gas from production sites to refineries and then to distribution centers or end users.

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Downstream

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Downstream relates to refining, marketing and distributing petroleum products. Activities cover refining crude oil, processing and purifying natural gas, and marketing and distribution of products derived from petroleum.

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Marketing and Distribution

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Marketing and distribution are downstream activities, where companies sell and transport petroleum products to consumers or other businesses, often through a network of gas stations and distributors.

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Refining

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Refining is a downstream process transforming crude oil into usable products such as gasoline, diesel, and aviation fuels through various chemical processes.

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Oilfield Services

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Oilfield services are an upstream-specific set of activities provided by specialized companies, including drilling, logging, cementing, and well testing, that support the exploration and production of oil and gas.

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Seismic surveys

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Seismic surveys are upstream activities where sound waves are used to create images of the earth's subsurface, helping to locate potential oil and gas reserves.

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Licensing and Regulation Compliance

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Licensing and regulation compliance is an activity that spans both upstream and downstream sectors, involving adherence to laws and regulations set by governments and industry groups.

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LNG Liquefaction

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LNG liquefaction, often categorized as downstream, is the process of cooling natural gas to a liquid state for easier storage and transportation, especially for long distances.

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Crude Oil Storage

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Crude oil storage, an upstream activity, refers to the holding of oil in large tanks before it’s transported to refineries for processing.

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Petrochemicals

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Producing petrochemicals is a downstream process that uses petroleum-derived compounds to create chemicals and plastics used in manufacturing a wide range of products.

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Natural Gas Purification

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Natural gas purification is a downstream process designed to remove impurities and contaminants from raw natural gas to produce a clean, marketable product.

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