Oil and natural gas are major industries in the energy market and play an influential role in the global economy as the world’s primary fuel sources. The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive, and require state-of-the-art technology. Historically, natural gas has been linked to oil, mainly because of the production process or upstream side of the business.

It covers a brief history of the oil and gas industry, an overview of companies and organizations, statistic and pricing resources, and regulations.

The industry is often divided into three segments: Upstream, the business of oil and gas exploration and production; Midstream, transportation and storage; and Downstream, which includes refining and marketing.

Primary function of oil field processing is the separation of saleable liquids, Natural Gas & undesirable contaminants. A well stream separator divides the liquid hydrocarbons from the gas through the use of level & pressure control instrumentation and the Natural gas & liquid are discharged from the separators. Natural Gas is further processed in gas gathering stations.

Natural gas from offshore wells flows through high pressure transmission pipelines companies to gas distribution companies for sale to consumers. Pressure Regulators control the high pressure gas as it moves along the pipeline.

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