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The terms upstream and downstream oil and gas production refer to an oil or gas company's Upstream Downstream Concept 01 Upstream Downstream Concept 01 location in the supply chain. Companies in the oil and gas industry are usually divided into one of three groups, upstream, downstream, and midstream.

Some companies are considered to be "integrated" because they combine the functions of two or three of the groups. Upstream oil Downstream Concept 01 Upstream Upstream Downstream Concept 01 and gas production is conducted by companies who identify, extract, or produce raw materials. Downstream oil and gas production companies are closer to Downstream 01 Upstream Concept the end user or consumer. Here's a look at upstream and downstream oil and gas production, their individual functions, and what Upstream Concept Downstream 01 Upstream Downstream Concept 01 role they play in the broader supply chain.

Upstream oil and gas production and operations identify deposits, drill wells, and recover raw materials from underground. They are also often called exploration and production companies.

This sector also includes related services such as rig operations, feasibility Upstream Downstream Concept 01 studies, machinery rental, and extraction of chemical supply.

Many of those employed in the upstream part of the industry include geologists, geophysicists, service Upstream Downstream Concept 01 Upstream Concept Downstream 01 rig operators, engineering firms, scientists, and seismic and drilling contractors. These people are able to locate and estimate reserves before any of the actual drilling activity starts.

Many of the largest upstream operators are the major diversified oil and gas firms, such as Exxon-Mobil XOM. The Upstream Downstream Concept 01 closer an oil and gas company is to supplying consumers with petroleum products, the further downstream it is said to be Upstream Downstream Concept 01 in the industry. Downstream operations are oil and gas processes that occur after the production phase to the point of sale.

This sector Upstream Downstream Concept 01 of the oil and gas industry�the final step in the production process�is represented by refiners of petroleum crude oil and natural gas processors, 01 Concept Upstream Downstream Upstream Downstream Concept 01 who bring usable products to end users upstream downstream concept 01 consumers. They also engage in upstream downstream concept 01 marketing and 01 Concept Downstream Upstream distribution of crude oil and natural gas products.

Simply put, the downstream oil and gas market is anything that has to do with Upstream Downstream Concept 01 Upstream Downstream Concept 01 the post-production of crude oil and natural gas activities. Many of the products that consumers use every day come directly from downstream Upstream Downstream Concept 01 Upstream Downstream Concept 01 production, including diesel, natural gasgasoline, heating oil, lubricants, pesticides, pharmaceuticals, and propane.

Midstream operations link the upstream and downstream entities and mostly include Upstream Downstream Concept 01 resource transportation and storage services for resources, such as pipelines and gathering systems. Companies engaged in the downstream process include oil refineries, Upstream Downstream Concept 01 Downstream Upstream Concept 01 petroleum product distributors, petrochemical plants, natural gas distributors, and retail outlets.

Many major downstream companies are upstream downstream concept 01 diversified and engage Upstream Downstream Concept 01 Upstream Downstream Concept 01 in all levels of the production process. Examples of downstream companies include leading U. Phillips 66 was initially part of parent company ConocoPhillips COP until the larger oil company opted upstream downstream concept 01 spin off the downstream business in Your Money.

Personal Finance. Your Upstream Downstream Concept 01 Practice. Popular Courses. Oil Guide to Investing in Oil Markets. Commodities Oil. Upstream vs. Downstream Oil and Gas Production: An Overview The Upstream Downstream Concept 01 terms upstream and downstream oil and gas production refer to an oil or gas company's location in the supply chain.

Key Takeaways Upstream and downstream oil and gas production refer to an oil or gas company's location in the supply chain. Downstream oil Upstream Downstream Concept 01 and gas production engages in anything related to the post-production of crude oil and natural upstream downstream concept 01 activities. Midstream links upstream Concept Downstream 01 Upstream Upstream Downstream Concept 01 and downstream and includes transportation and storage services. Article Sources. Investopedia requires writers to use primary sources to support their work.

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable upstream downstream concept 01 where appropriate.

You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The Upstream 01 Downstream Concept offers that appear in this table are from partnerships from which Investopedia receives compensation.

Related Articles. Consider These 3 Risks. Partner Links. Related Terms Petroleum Petroleum is a fluid found in the earth that can be refined into fuel and plastic. Humans rely on petroleum for many goods and services, but it has a large and negative impact on upstream downstream concept 01 environment. Organic Reserve Upstream Downstream Concept 01 Replacement An organic reserve replacement upstream downstream concept 01 when an oil company accumulates reserves via exploration and production as opposed to purchasing proven reserves.

What Are Downstream Operations? Downstream upstream downstream concept 01 are functions regarding oil and gas that happen after the production phase, through to upstream downstream concept 01 point of sale.

Upstream Upstream is a term for the exploration and production stages in the Upstream Downstream Concept 01 Upstream Downstream Concept 01 oil and gas industry. It is the first stage in oil or gas production, followed by the midstream and downstream segments. What Are Midstream Oil Operations? Midstream is a term used to describe one of the three major stages of oil and gas industry operations. The Upstream Downstream Concept 01 others are upstream and downstream. Investopedia is part of the Dotdash publishing family.

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It's permitted not to confirm Concept 01 Downstream Upstream Upstream Downstream Concept 01 upon skeleton which haven't been attempted progressing. When We register with or operate upstream downstream concept 01 UseEric Cedric right away resides in California. If is peaceful underneath them a frig as well as a cupboard goes all a approach to a roof.

see or Upstream Downstream Concept 01 confept the law pattern. I am curios how it appears unfolded?

So downstream services depend on upstream services. If the upstream services are removed, the downstream services wont work properly. When talking about system architecture, I define it as follows:. This link from ibm describing Upstream Downstream Concept 01 interactions with one of their products corroborates this view: Integrating with upstream and downstream systems. An upstream system is any system that sends data to the Collaboration Server system.

A downstream system is a system that receives data from the Collaboration Server system. Given the Concept Upstream Downstream 01 Upstream Downstream Concept 01 terminology 'upstream' and 'downstream' it may help to make an analogy with a river. If you drop a message data in the river it flows from upstream initiator to downstream receiver.

Anecdotally, I've found that architects and middleware developers use this definition and web developers the opposite maybe due to 'upload'ing. With Event timelines, an event is upstream when it happens before a point on Upstream Downstream Concept 01 the timeline i.

What is upstream and what is downstream in a sequence of events, therefore, depends on where you are in the timeline. An event can be both downstream and upstream, depending on whether your starting point is before or after it. As Jack notes RFC tools. The terms "upstream" and "downstream" are used to describe directional requirements in relation to the message flow: all messages flow Upstream Downstream Concept 01 Upstream Downstream Concept 01 from upstream to downstream.

The response to the request for information the requested information goes downstream and is sent by an upstream system. There is no difference between the classic IBM view and today's web community's use of the terms. A service provider 01 Concept Downstream Upstream 01 Downstream Concept Upstream server will be located upstream compared to a service consumer and sends information downstream to the consumer. A service consumer client will be Upstream Downstream Concept 01 Upstream Downstream Concept 01 Upstream Downstream Concept 01 Upstream Downstream Concept 01 Concept Downstream Upstream 01 located downstream compared to the service provider and sends requests upstream to the provider.

Theoretically roles of physical systems could change instantly and so would the direction of the stream between those systems. In a peer-to-peer network this may be the case. The terms uploading Upstream Downstream Concept 01 Downstream Concept Upstream 01 Upstream Downstream Concept 01 Concept Downstream 01 Upstream and downloading are client centered terms. From the client's perspective a request is uploaded and a response is downloaded, which is consistent with the stream metaphor.

Sign up to join this community. The best answers are voted up and rise to the top. Stack Overflow for Teams � Collaborate and share knowledge with a Upstream Downstream Algebra Word Problems Solutions private group.

Create a free Team What is Teams? Learn more. Which way are downstream and upstream services? Ask Question. Asked 5 years ago. Active 6 months ago. Viewed 50k times. Improve this question. Add 01 Concept Upstream Downstream a comment. Active Oldest Votes. Improve this answer. Taavi 3 2 2 bronze badges. I think it should be "downstream services" in 01 Downstream Upstream Concept place of "services downstream". It takes some real contortion to think of it like this answer. Much easier to think in terms of Upstream Downstream Concept 01 the dependency chain and use the river analogy.

This seems to not fully agree with tools. The best way to think about Upstream Downstream Concept 01 this is to think of a river. The book contains interviews with a variety of product leaders and a set of recommendations for Upstream Downstream Concept 01 career success.

Gorchels presents two views of product management in the book: upstream and downstream. Although a single individual may play in both Upstream Downstream Concept 01 domains, the two roles have different areas of emphasis. Upstream product management includes developing roadmaps for various audiences and at different levels of details; creating relationships with customers, suppliers, and industry leaders; and getting business sign off for new initiatives.

Managing new product development through Upstream Downstream Concept 01 Upstream Downstream Concept 01 Upstream Downstream Concept 01 the concept-to-commercialization cycle is also within the realm of upstream product management. Even though the future is unknowable and long-term plans may become obsolete, the process of planning is valuable when it forces product managers to examine the context of their decisions. At the simplest Upstream Downstream Concept 01 Upstream Downstream Concept 01 Upstream Downstream Concept 01 level, road maps are time-based charts linking knowledge about markets, technology, and business strategy.

While the concept is fairly straightforward, its application Upstream Downstream Concept 01 Upstream Downstream Concept 01 is not. The process of creating a roadmap is more important than the end deliverable, which, inevitably, will need to be revised frequently Upstream Downstream Concept 01 due to changing priorities and as new information comes to light during development.

The value lies in synthesizing customer and market data, Upstream Downstream Concept 01 prioritizing, and projecting current capabilities into future scenarios.

Although roadmaps are based on many assumptions that will quickly change, the conversation and discovery Upstream Downstream Concept 01 elements of the activity are important. Roadmaps have many uses and audiences. High level roadmaps can illustrate technology and strategic product direction while product- and feature-based roadmaps showcase delivery of new functions and capabilities.

Engineering teams, product marketing, customers, and partners all have different needs Concept 01 Downstream Upstream Upstream Downstream Concept 01 and bring different perspectives to roadmap conversations. Tailoring the deliverable to the audience creates several avenues of conversation that expand the overall Upstream Downstream Concept 01 product strategy.

An important element of successful roadmapping is inclusion of suppliers, partners, and external experts. People who are involved in the industry Upstream Downstream Concept 01 Upstream Downstream Concept 01 and market will have valuable perspectives and new ideas for what is occurring at the edges of the domain. This fresh set of ideas will inform the roadmap and decrease the chances of being caught flat-footed by customers and competitors. Product managers must ask themselves: Upstream Downstream Concept 01 How will the customers of tomorrow be different from the customers of today?

The emphasis is not on projecting the present into the future. Rather, the emphasis is on trying to understand how the future will be different from the present and the impact this will have on present planning. Innovations should be considered in three time horizons: Core growth, Adjacency growth, and Breakthrough growth.

Core growth operates Upstream Downstream Concept 01 Upstream Downstream Concept 01 in the zone of existing and similar customers along with repositioned and derivate products. Adjacency growth is achieved through tangential markets with Upstream Downstream Concept 01 platform and new-to-the-company products.

Breakthrough growth delivers new-to-the-world products to unfamiliar markets. The level of risk and skills required for each horizon are Upstream Downstream Concept 01 Upstream Downstream Concept 01 Upstream Downstream Concept 01 Upstream Downstream Concept 01 very different. Product managers may not be equally strong across the entire spectrum, but ability to situate products and initiatives is a required skill.

When planning new product initiatives it is critical to take stock of lessons learned and debrief with the team on past successes and opportunities for improvement. Comparing successful product launches with unsuccessful ones can decrease risk and help pinpoint repeatable winning choices.

Downstream product management involves reinforcing and protecting sales performance of core and secondary products, renewing and revitalizing declining products, relaunching and resurrecting select products, and retiring failing and mature products. Identifying where a product lies in the overall lifecycle and choosing the appropriate strategy are core Upstream Downstream Concept 01 downstream activities.

Portfolio planning and evaluating your product offerings against competitors for gaps is a great way to identify new opportunities. Products should Upstream Downstream Concept 01 Upstream Downstream Concept 01 be reinforced when they are contributing heavily to profits, have high brand value, are a solid strategic fit and are growing in the market.

Renewals are in order when profit contribution, brand value, strategic fit, and growth are all ranked as having high potential. In Upstream Downstream Concept 01 that case, additional investment can pay off by moving the product into a higher performing level.

Re-launching is a good choice when a Upstream Downstream Concept 01 product needs to be re-aligned or re-introduced in the market in order to appeal to a different or new segment. Retiring a Concept 01 Downstream Upstream Upstream Downstream Concept 01 product should be done at the end of its useful lifecycle when all attributes are in decline and there are other more lucrative 01 Upstream Downstream Concept opportunities in the wings. For product performance, use a leadership vs usability matrix. Compare products which are easy to use and perceived Downstream 01 Upstream Concept as leaders with those that are ranked low on usability and leadership perception.

Identify gaps and evaluate whether additional investment is warranted. Some Upstream Downstream Concept 01 lower performing products may be moved along the spectrum with targeted investment, while others may require too much time and money to become competitive.

Individual product attributes such as price, usability, technical support, compatibility, and specific Upstream And Downstream Speed Test features can be mapped relative to competition and user Upstream Downstream Concept 01 Upstream Downstream Concept 01 importance to determine which provide the highest leverage for improving overall product viability in the market.

Viewing the product as addressing customer Upstream Downstream Concept 01 needs rather than as a bundle of features is paramount. Product managers should reframe their perspectives from creating and selling products to helping Upstream Downstream Concept 01 customers make buying decisions. Understanding what is important to your customers and the context for their decisions will increase marketing and sales effectiveness.

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