"Midstream" refers to the segment of the oil and gas industry that focuses on the transportation, storage, and processing of crude oil, natural gas, and refined products. This phase occurs between the upstream sector, which involves exploration and production, and the downstream sector, which includes refining and distribution to consumers. Midstream operations are essential for moving resources from production sites to refineries and markets. Key components of midstream activities include pipelines, storage facilities, and terminals. Companies in this sector often operate large networks of pipelines that transport hydrocarbons over long distances. Additionally, midstream services may involve the processing of natural gas to remove impurities and separate valuable byproducts, ensuring that the resources are ready for downstream use.