The term "oilfield" can be used as a shorthand to refer to the entire petroleum industry. However, it is more accurate to divide the oil industry into three sectors: upstream (crude oil production from wells and separation of water from oil), midstream (pipeline and tanker transport of crude oil) and downstream (refining of crude oil to ...
The latest upstream news and events from the oilfield industry, including oil rigs, drilling, oil fracking, and offshore and onshore projects.
An oilfield is an area where oil and gas are extracted from underground reservoirs. It involves exploration, drilling, production, and maintenance, with strict environmental and safety measures. The size and productivity of oilfields vary, requiring expertise, investment, and adherence to standards.
Get the latest Oil & Gas news, jobs, and expert calculators. Your ultimate hub for industry updates and educational resources.
Oil and Gas News | Oil and Gas Jobs | Oil and Gas Engineering
Oilfield Basics offers comprehensive courses and resources for understanding the upstream oil and gas industry, focusing on unconventional U.S. shale plays.
- n. [Geology] An accumulation, pool or group of pools of oil in the subsurface. An oil field consists of a reservoir in a shape that will trap hydrocarbons and that is covered by an impermeable or sealing rock. Typically, industry professionals use the term with an implied assumption of economic size. See related terms: accumulation, field, hydrocarbon, oil pool, oilfield, reservoir, seal, trap
Four Futures for Jobs in the New Economy: AI and Talent in 2030 explores how AI advancement and talent trends, and their potential trajectories until 2030, could transform the future of jobs and the global economy. The paper consolidates views and insights from chief strategy officers and other experts around cross-cutting risks and opportunities, and “no-regret” strategies to help leaders ...