The oil and gas industry is one of the largest sectors in the world in terms of dollar value, generating an estimated $5 trillion in global revenue as of 2022. Oil is crucial to the global economic framework, impacting everything from transportation to heating and electricity to industrial production and manufacturing.

DustroAutomation offers Investors looking to enter the oil and gas industry to quickly diversify their portfolios into such lucrative business. This introduction is designed to help anyone understand the fundamentals of company by explaining key concepts and the standards of measurement.

What Is Oil and Gas Production? Oil and gas production is a multi-stage entire process of discovering a resource, transporting it to a refinery, and turning it into a finished product ready for sale. Or, in industry terminology, upstream, midstream, and downstream segments.