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What is a Midstream Company?
Midstream companies come in all shapes and sizes. Some midstream companies own only gathering and processing assets supported by their oil and gas producing parent, or focus on a specific commodity or part of the midstream chain. Others operate across the entire value chain.What are midstream activities?
In particular, midstream activities include the storage, processing, and transportation of petroleum products. These may include companies that specialize in operating tanker ships, pipelines, or storage facilities. Midstream activities are commonly included as part of other operations for much of the global oil and gas industry.What is the difference between midstream & upstream?
Midstream includes all the infrastructure needed to move these resources, such as pipelines, trucks, railways and ships. The UPSTREAM segment searches for oil and gas resources, drills and operates wells, and brings hydrocarbons to the surface.