Upstream, Midstream and Downstream are three major components in an oil and gas business. Upstream is from an exploration, transportation up to downstream facilities through oil and gas separation and purification facilities. Midstream is the storage and transport Upstream products by a pipeline, rail, barge, oil tanker or truck. Downstream consists of from receiving facilities of oil or gas and treatment, upgrading, and producing of the final products, the downstream plants are a refinery, petrochemical, chemical plant, and products distributions.
Related Definitions in the Project: The Project; Upstream Engineering
