Exploration & Production - E&P

AAA

DEFINITION of 'Exploration & Production - E&P'

An E&P company is known to be in a specific sector within the oil and gas industry. Companies involved in the high-risk/high-reward area of exploration and production focus on finding, augmenting, producing and merchandising different types of oil and gas.

INVESTOPEDIA EXPLAINS 'Exploration & Production - E&P'

Exploration and production (E&P) is known as the upstream oil and gas industry. The resource owners and operators of E&Ps work with a variety of contractors such as engineering procurement and construction (EPC) contractors, as well as with joint-venture partners and oil field service companies. As E&P operators produce oil and gas, they also build infrastructure and collect massive amounts of data.

RELATED TERMS
  1. Unconventional Oil

    A type of petroleum that is produced or obtained through techniques ...
  2. Oil Refinery

    An industrial plant that refines crude oil into petroleum products ...
  3. Crude Oil

    A naturally occurring, unrefined petroleum product composed of ...
  4. Oil Reserves

    An estimate of the amount of crude oil located in a particular ...
  5. Liquefied Natural Gas

    The liquefied state of natural gas, which is created by cooling ...
  6. Sector

    1. An area of the economy in which businesses share the same ...
Related Articles
  1. A Primer On Offshore Drilling
    Forex Education

    A Primer On Offshore Drilling

  2. Unearth Profits In Oil Exploration And ...
    Active Trading

    Unearth Profits In Oil Exploration And ...

  3. Oil and Terror: ISIS and Middle East ...
    Economics

    Oil and Terror: ISIS and Middle East ...

  4. The Economics of Oil Extraction
    Options & Futures

    The Economics of Oil Extraction

comments powered by Disqus
Hot Definitions
  1. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  2. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  3. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  4. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  5. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  6. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
Trading Center