introduction to oil gas industry accounting financial statement analysis copyright by wall street prep inc all rights reserved 1 oil gas industry sectors and players a number of distinct yet ...
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...Introduction to oil gas industry accounting financial statement analysis copyright by wall street prep inc all rights reserved sectors and players a number of distinct yet interconnected there are transportation that make up the o g each focused on specific process in value chain exploration refining companies focus one sector marketing production given complexities this extractive most oilfield particular services mission find extract crude terms involves operations associated with is typically referred its finding extracting acronym e p can be broken out into only components as timing between two take years usually does also known upstream indicate upward extraction commodities varies phase pre license prospecting primary recovery method property land secondary acquisition tertiary enhanced drilling evaluation appraisal development...