Exploration, Production and Storage

The oil and gas industry is usually divided into three major sectors: upstream, midstream and downstream. The upstream oil sector is also commonly known as the exploration and production (E&P) sector. The upstream sector includes the searching for potential underground or underwater crude oil and natural gas fields, drilling of exploratory wells, and subsequently drilling and operating the wells that recover and bring the crude oil and/or raw natural gas to the surface. There has been a significant shift toward including unconventional gas as a part of the upstream sector, and corresponding developments in liquefied natural gas (LNG) processing and transport. Upstream Industry has traditionally experienced the highest quantum of Mergers, Acquisitions and Divestitures. M&A activity for upstream oil and gas deals in 2012 totalled $254 billion in 679 deals. A large chunk of this M&A, 33% in 2012, was driven by the Unconventional/shale boom especially in the US followed by the Russian Federation and Canada. The aggregate value of Upstream E&P assets available for sale (Deals in Play) reached a record-high of $135 billion in Q3-2013. The value of Deals in Play doubled from $46 billion in 2009 to $90 billion in 2010. With on-going M&A activity the level remained almost the same reaching $85 billion in Dec-2012. However, the first half of 2013 saw approximately $48 billion of net new assets coming on the market. Remarkably, the total value of Deals in Play in Q3-2013 nearly tripled over 2009 at $46 billion, in less than four years.

  • Upstream sector: Exploration and production
  • Downstream: Refining and marketing
  • Onshore and offshore oil and gas fields
  • Reserve to production ratio
  • Service and Supply Companies
  • Hydrodynamics
  • New Exploration and Licensing Policy (NELP)

Related Conference of Exploration, Production and Storage

September 04-05, 2018

12th Global Summit and Expo on Biomass and Bioenergy

Zurich, Switzerland
June 28-30, 2018

8th World Congress on Biopolymers & Bioplastics

Berlin, Germany
July 02-04, 2018

11th World Bioenergy Congress and Expo

Berlin, Germany
August 27-28, 2018 (10 Plenary Forums - 1Event)
Boston, Massachusetts, USA

2nd International Conference on Renewable Energy and Resources

September 04-06, 2018

13th World Congress on Biofuels and Bioenergy

Zurich, Switzerland
September 10-11, 2018

10th Asia Pacific Congress on Oil and Gas

Shanghai, China
September 17-18, 2018

4th International Conference on Chemical Engineering

Vancouver, British Columbia, Canada
October 18-20, 2018

13th International Congress on Biofuels and Bioenergy

Ottawa, Ontario, Canada
October 18-20, 2018

13th International Congress on Biofuels and Bioeconomy

Ottawa, Ontario, Canada

Exploration, Production and Storage Conference Speakers

Recommended Sessions

Related Journals

Are you interested in