Upstream

In the oil and gas industry, "upstream" refers to the initial phase of exploration and production. It involves finding underground or underwater reservoirs of oil and gas, drilling wells to access those reserves, and extracting the raw resources from beneath the earth's surface. Essentially, upstream activities are about discovering and obtaining crude oil and natural gas before they are processed into usable products. This sector requires significant technical expertise, investment, and equipment to locate and produce these natural resources efficiently and safely.