Upstream (Exploration and Production) – Definition & Detailed Explanation – Fossil Fuels Glossary Terms
I. What is Upstream Exploration and Production? Upstream exploration and production (E&P) is the process of locating, drilling, and extracting oil and natural gas reserves from beneath the Earth’s surface. This sector of the oil and gas industry is responsible for finding new sources of energy and bringing them to the surface for processing and … Read more