Description of Oasis Midstream Partners Lp's Business Segments
Oasis Midstream Partners LP operates primarily in the midstream energy sector, particularly focusing on the transportation and processing of natural gas, crude oil, and water in the Williston Basin of North Dakota. The company is directly involved in several key segments of midstream operations, each featuring a variety of products and services tailored to the needs of its customers.
Segments
1. Natural Gas Gathering and Processing - This segment involves collecting raw natural gas produced from oil wells and processing it to remove impurities and separate various hydrocarbon components. - Products and Services: - Gas Gathering Systems: Infrastructure for the collection of natural gas from production sites. - Processing Plants: Facilities equipped to treat the natural gas to meet market specifications. - NGL Recovery: Extraction of natural gas liquids (NGLs) from the processed gas, which can include ethane, propane, butanes, and pentanes.
2. Crude Oil Transportation - Focused on the transportation of crude oil from production fields to market access points, this segment typically provides various pipeline and logistics services. - Products and Services: - Pipeline Infrastructure: A network of pipelines designed to move crude oil efficiently from production areas to refineries or terminals. - Storage Facilities: Facilities for the temporary holding of crude oil, providing flexibility in shipping and sales. - Truck Transportation Services: Supplementary logistic services using trucking for locations not served by pipelines.
3. Water Solutions - This service segment addresses the management of water utilized in oil and gas operations, particularly in hydraulic fracturing. - Products and Services: - Water Gathering Systems: Infrastructure for collecting water used in various stages of the drilling process. - Disposal Services: Facilities for the safe disposal of produced water and flowback from hydraulic fracturing. - Recycling Systems: Technology and facilities that allow for the recycling of water, reducing the need for fresh water and enhancing sustainability efforts.
4. Wellsite Services - Providing tailored solutions at the wellsite to facilitate production efficiency, this includes a range of support services to operators in the basin. - Products and Services: - Hydraulic Fracturing Support: Ensuring necessary infrastructure and resources are available for effective hydraulic fracturing operations. - Monitoring Services: Real-time data monitoring and reporting services to optimize production and ensure safety compliance.
Geographic Focus Oasis Midstream primarily operates in the Williston Basin, an area known for significant oil and natural gas production. Their operations leverage this regional advantage, catering to a diverse customer base of exploration and production companies.
Customer Base The companys services are crucial for upstream oil and gas operators looking to maximize their production efficiency while minimizing costs associated with infrastructure investments. Oasis Midstream partners with a range of companies, from large multinational corporations to smaller regional operators.
Through its comprehensive suite of services and focused geographic strategy, Oasis Midstream Partners LP aims to provide reliable, efficient midstream solutions that cater to the evolving needs of the oil and gas sector, emphasizing safety, environmental responsibility, and operational excellence.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
