Upstream
Operations stages in the oil and gas industry that involve exploration and production.

Investopedia Says:
Most oil companies are known as "integrated" because they combine upstream activities with downstream operations, which take place after the production phase through to the point of sale.

Related Terms:
Commodity
Downstream
Finding And Development - F&D

• Capital Gains Exposure (CGE)
• Capital Gains Tax
• Capital Gains Treatment
• Capital Gains Yield
• Capital Gearing
• Capital Goods
• Capital Goods Price Index (CGPI)
• Capital Goods Price Index (CGPI)
• Capital Goods Sector
• Capital Growth Strategy
• Capital Guarantee Fund
• Capital Improvement
• Capital Intensive
• Capitalism
• Capitalization
• Capitalization Rate
• Capitalization-Weighted Index
• Capitalize
• Capitalized Interest
• Capitalized Lease Method
• Capital Lease
• Capital Loss
• Capital Loss Carryover
• Capital Market Line (CML)
• Capital Market Line (CML)