module 6 midstream
Midstream is transporting the oil/natural gas through pipelines that the
what is midstream company builds and operates, it is then transported to be processed and
stored in terminals and barges
Where is the oil/natural gas stored? barges and terminals
What is the main goal of Midstream to transport the natural gas/oil from field to points of consumption/use
companies? (commercial use)
What is it called when Midstream toll roads of the oil field 2 multiple choice o
companies charge a fee to transport,
process, and store/distribute the
product
False, meaning they are not effected by the price changes of oil and gas
Do midstream companies own the
creating a smoother cash flow
commodity?
3 multiple choice options
the pipelines, tanks, terminals, barges, storage, and facilities that physically
What are logistics assets?
move oil/gas from point A to point B
Pipelines (logistics asset) gathering lines, transmission pipelines, refined product pipelines
terminals (logistics assets) crude terminals, refined products terminals
storage tanks (logistics assets) crude oil, gasoline/diesel tanks, NGL storage
, module 6 midstream
Marine shipping (logistics assets) barges, tanker loading/unloading
truck and rail transportation (logistics rail terminals, truck racks
assets)
Gathering short haul of oil/natural gas from the wellhead to pipelines, or to processin
cleans the natural gas of impurities in order to meet the pipeline specificat
processing
removes water, and extracts NGLS
seperates mixed NGLs into componant parts such as ethane, butane, iso-
fractionation
butane, propane
pipelines moves the product across the country
terminals handels crude and refined products
storage store resources to ensure a reliable supply
How do midstream companies make recieve a fee for handeling the product
money?
Regulated returns in Interstate long-haul Federal Energy Regulator Commission (FERC)
pipelines managed by?
Interstate long haul piplines Pipelines that cross statelines
What does FERC do? Regulates the cost of service and market based regualtion over time perio
Midstream is transporting the oil/natural gas through pipelines that the
what is midstream company builds and operates, it is then transported to be processed and
stored in terminals and barges
Where is the oil/natural gas stored? barges and terminals
What is the main goal of Midstream to transport the natural gas/oil from field to points of consumption/use
companies? (commercial use)
What is it called when Midstream toll roads of the oil field 2 multiple choice o
companies charge a fee to transport,
process, and store/distribute the
product
False, meaning they are not effected by the price changes of oil and gas
Do midstream companies own the
creating a smoother cash flow
commodity?
3 multiple choice options
the pipelines, tanks, terminals, barges, storage, and facilities that physically
What are logistics assets?
move oil/gas from point A to point B
Pipelines (logistics asset) gathering lines, transmission pipelines, refined product pipelines
terminals (logistics assets) crude terminals, refined products terminals
storage tanks (logistics assets) crude oil, gasoline/diesel tanks, NGL storage
, module 6 midstream
Marine shipping (logistics assets) barges, tanker loading/unloading
truck and rail transportation (logistics rail terminals, truck racks
assets)
Gathering short haul of oil/natural gas from the wellhead to pipelines, or to processin
cleans the natural gas of impurities in order to meet the pipeline specificat
processing
removes water, and extracts NGLS
seperates mixed NGLs into componant parts such as ethane, butane, iso-
fractionation
butane, propane
pipelines moves the product across the country
terminals handels crude and refined products
storage store resources to ensure a reliable supply
How do midstream companies make recieve a fee for handeling the product
money?
Regulated returns in Interstate long-haul Federal Energy Regulator Commission (FERC)
pipelines managed by?
Interstate long haul piplines Pipelines that cross statelines
What does FERC do? Regulates the cost of service and market based regualtion over time perio
