The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.

What is an example of a downstream?

*Examples of Downstream Processes: In the oil and gas industry, the downstream process consists of converting crude oil into other products and then selling those products to customers. Thus, oil refineries represent structures that operate within the downstream process.

What is downstream and upstream?

Stream – The moving water in a river is called a stream.

Upstream – If the boat is flowing in the opposite direction to the stream, it is called upstream. In this case, the net speed of the boat is called the upstream speed. Downstream – If the boat is flowing along the direction of the stream, it is called downstream.

What is a downstream in geography?

The word downstream (which is one word instead of being two words; down stream) mainly means the direction that the water in a river flows. Downhill, towards the sea, or nearer to the mouth of the stream (where the river ends). ... In all three cases, downstream means towards the end of the process or flow.

What does going downstream mean?

Downstream means towards where the flow ends, at the opposite end of the waterway from the source. If you are boating from Kingston to Toronto, for example, you are heading upstream. If you are going from Kingston to Cornwall, you are travelling downstream.

What is Downstream Oil and Gas?

15 related questions found

What is downstream one?

Business challenge

Beginning in 2005, the “Downstream-One” strategic initiative aimed to reduce complexity and enable change in three key ways: through simpler business models, standard global processes, and common IT systems.

Is downstream towards the sea?

A vessel travelling downstream on the river is navigating from inland towards the sea. A vessel travelling upstream on a river is navigating from sea towards the inland or mountains.

What does downstream mean science?

Downstream. 1. (Science: molecular biology) portions of dna or rna that are more remote from the initiation sites and that will therefore be translated or transcribed later. 2. Shorthand term for things that happen at a late stage in a sequence of reactions.

What is downstream in supply chain?

Supply chain management refers to the coordination of activities and involved in making and moving a product. ... The downstream portion consists of the organizations and processes for distributing and delivering products to the final customers.

What does Bradshaw model show?

Bradshaw Model = theoretical model that shows how a river's characteristics change as it goes downstream. If the triangle increases in size it means that variable increases the further you go down the stream e.g. the amount of water (discharge) in the stream increases as you move down the stream.

What do you mean by upstream?

1 : in the direction opposite to the flow of a stream. 2 : in or to a position within the production stream closer to manufacturing processes make most of its money upstream, selling cheap crude …

What does downstream mean in business?

Downstream operations refer to the final processes in the production and sale of goods, where finished products are created and sold to consumers. Sales may be at the wholesale level, business-to-business (B2B), or at the retail level, business-to-consumers.

How do you explain upstream?

Key Takeaways

1. Upstream refers to points in production that originate early on in the processes.
2. Also called exploration and production (E&P), upstream is farthest from the end-user consumer in the oil & gas supply chain.
3. Upstream activities include exploration, drilling, and extraction.

How do downstream companies make money?

Downstream companies tend to make money on the spread between were they buy crude oil and sell higher-valued refined products.

What is a downstream partner?

Related Definitions

Downstream Partner means any person, organisation, company or other third party representative engaged by the Grant Recipient as part of this Agreement.

What are downstream markets?

Related Content. Markets that are linked to the market in question, but are at levels below or after it in the supply chain (for example, certain man-made garments are downstream of markets for nylon thread).

What is a downstream service?

The downstream services are the ones that consume the upstream service. In particular, they depend on the upstream service. More generally, upstream services don't need to know or care about the existence of downstream services.

What is downstream demand?

In this context, many researchers have studied a phenomenon called Downstream Demand Inference (DDI), which presents an effective demand management strategy to deal with forecast problems. DDI allows the upstream actor to infer the demand received by the downstream actor without the need of information sharing.

What is downstream production?

Downstream in manufacturing refers to processes that occur later on in a production sequence or production line. ... The products being manufactured are created in a sequence of processes. Any process occurring after another is considered to be downstream.

What does downstream mean in biochemistry?

In molecular biology and genetics, upstream and downstream both refer to relative positions of genetic code in DNA or RNA. ... Upstream is toward the 5' end of the RNA molecule and downstream is toward the 3' end.

What is downstream in machine learning?

Downstream is everything after a certain neuron. You say neuron y is downstream of neuron x if and only if there is a directed path from x to y.

What are downstream apps?

Downstream applications are references to a direction as it applies to the genetic codes in RNA or DNA strands. It is one of the premier manipulation steps beginning with a biological sample. The process involves creating a DNA microarray sample intended for genotyping and further analytical purposes.

What does a red buoy mean in the water?

These are all-red buoys (also known as Nuns) and all-green buoys (also known as Cans). These are companion buoys that indicate the boating channel is between them. ... Or, the Red buoy is on your Right side when Returning from the sea or heading toward the headwaters of the body of water.

What does a black buoy mean?

Black lettering on the buoy or sign gives the reason for the restriction, for example, SWIM AREA. Danger: A white buoy or sign with an orange diamond warns boaters of danger – rocks, dams, rapids, etc. The source of danger will also be lettered in black.

How are nun buoys marked?

Nun Buoys: These cone-shaped buoys are always marked with red markings and even numbers. They mark the edge of the channel on your starboard (right) side when entering from the open sea or heading upstream. ... They mark the edge of the channel on your port (left) side when entering from the open sea or heading upstream.