Using seismic reflections to detect hydrocarbons underground, echoes are captured using sensors to bounce off the sediments. This advanced technology can see depths of more than 3,000 meters even if reserves are hidden under layers of complex rock formations. To determine if the reservoirs are worth drilling into, we use surrounding well data in the area, multiple geological reviews backed by 3rd party evaluations, and numerous other technology forms to prove the leases.After exploration, these technologies will still be used to determine if there is still oil left — including details on pressure, temperature, and fluids. To determine if the reservoirs are worth drilling into, high-quality images from underground are essential. Sensors are placed over a wide area to record waves from different angles. These echoes or waves are collected over time. Many high-quality images are processed from a wide area. A geological map is produced, analyzed, and interpreted by scientists. After exploration, these technologies will still be used to determine if there is still oil left — including details on pressure, temperature, and fluids in the gas and oilfield service companies.There are three segments for the oil and gas industry: the upstream, midstream and downstream. The upstream is the exploration and production company which is the main task is to explore the reservoirs of raw materials. They are also called the E & P Company.The midstream company involved in transportation. They transport the raw materials to the oil and gas company who does the processing or refinery. The trading company has a good opportunity to make profits as it has strong trends in the world economy.The downstream segment is for the petroleum industry which removes impurities and converts oil and gas products for general use such as jet fuel, heating oil, gasoline and asphalt.
