oilandgas

The advancement in technology has innovated the world with Artificial Intelligence and Machine Learning. The integration of these technologies in telecommunications, pharmaceuticals and petrochemicals transformed the way these sectors were progressing and transfiguring. If we overlook the Oil & Gas industry it has been advanced as it was operating a decade ago. In crude oil extraction processes including Upstream, Midstream, and Downstream the extraction has become downhill. Although technology is on the way, the upstream phase is witnessing a lot of challenges these days. In the meantime, let’s deeply understand what upstream includes in the whole process of crude oil extraction. Upstream Oil & Gas Industry: An Overview The upstream oil and gas industry includes the discovery, extraction & production of crude oil and natural gasses. The discovery of upstream includes geological survey, field exploration, acquiring land rights, and examining production activities. The extra...