Exploration & Production - E&P

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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.

BREAKING DOWN '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.

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RELATED FAQS
  1. How quickly can an oil and gas producer react to changing oil prices?

    Oil and gas producers can quickly react to changes in oil prices by taking actions to reduce production and to halt capital ... Read Full Answer >>
  2. How can growth investors benefit from investing in the oil & gas sector?

    The value of a company’s stock is typically determined by supply and demand. However, stock prices from oil and gas exploration ... Read Full Answer >>
  3. How much oil must be produced to maintain inventory levels in the United States?

    Domestic energy investors should track the reserve inventory of crude oil for the United States, which is released in a weekly ... Read Full Answer >>
  4. What are average operating expenses for the oil and gas sector?

    The oil and gas sector plays an important role in the economy by drilling, extracting, and processing oil and gas. Because ... Read Full Answer >>
  5. Why is investing in oil and gas in emerging markets riskier than investing in developed ...

    Investments in oil and gas in emerging markets generally carry higher risks than similar investments in developed countries. ... Read Full Answer >>
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    As of 2015, the long-term outlook of the aerospace and defense sector is uncertain, much like the broader economy. That said, ... Read Full Answer >>

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