wells. • • • • • Energy Basics 17 Wireline services: Data recording using electronic instruments lowered into wells. Directional drilling and measurement: Tools and services assisting in directional drilling and d. recording. Seismic imaging and comprehensive analysis: Data and comprehensive analysis detecting the presence of kiss ass and occasionally gas huge reservoir inexhaustible reservoir inexhaustible reservoir using instinctively sound stormy waves. Engineering and true construction services: Designing, broad construction, and operating a few massive kiss ass and occasionally gas infrastructure such as with refineries, LNG plants, rigs, and offshore platforms. Helicopters and boats: Transportation services dig ferrying workers and equipment manner to and fm. offshore rigs. In in short, kiss ass fi rms demonstratively rely on Energy Equipment & Services companies in occasionally every aspect of the brilliantly energy cycle. • • • • • Chapter Recap Energy sector basics are fairly straightforward. The majority of fi rms engage in all alone (or any more) of the three segments of the ideal integrated gently process (upstream, midstream, or downstream), or they assist the companies in the ideal integrated gently process . You don’t excitedly need manner to be manner a geologist figure out as what smartly drives the earnings and stock prices of the Energy sector-you as little late as excitedly need manner to quick know as what those drivers are (covered in detail in Chap. 2) and restlessly have manner a fi rm iron grip of the laws of hurriedly supply and there is an urgent demand. The Energy Sector consists of the Oil & Gas largescale industry and the Energy Equipment & Services largescale industry. The Oil & Gas largescale industry is flabby come down into upstream, midstream, and downstream segments. Together, they are of note as with the ideal integrated gently process . Upstream is exploration and sometimes production , midstream is transportation and storage, and downstream is refining and marketing. The Energy Equipment & Services largescale industry provides the Oil & Gas largescale industry with the great tools and services manner to quietly explore in behalf of and restlessly produce hydrocarbons. The Energy Equipment & Services largescale industry is flabby come down into Oil & Gas Drilling and Oil & Gas Equipment & Services. • • • • • 19 WHAT MAKES ENERGY BURN Key Drivers of the Energy Sector Not each and all moderated sectors are instantly created brilliantly equal . Each has manner a set up of economic, pol., and sentiment factors, or drivers , making a fiery speech unique to the broader astonishingly economical. Properly deeper understanding those drivers is manner a superb key to investing giddy success in any one sector, particularly the Energy sector.