Never mind about presidential tariffs and Middle East turmoil, Texas upstream oilfield job growth continues to climb. The Texas Oil & Gas Association says new data from the Texas Workforce Commission ...
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.
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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