Great People + Great Assets = Great Opportunity

Our Industry

The ability to provide reliable, affordable access to energy has resulted in dramatic, long-term improvements in quality of life. While transportation and heating fuels are some of the best known products of energy derived from oil and natural gas, a variety of other uses are present in our daily lives. Petroleum-based products that we use every day come in many forms, including:

• Plastics used in a wide range of products including food packaging, medical devices, helmets, child safety seats, airbags, and electronics
• Synthetic fibers that are used for clothing, furniture, and carpeting
• Asphalt used to pave roads for both commercial and private vehicles
• Other petrochemical uses including detergent, paint, fertilizer, preservatives, and various waxes

An assortment of different products are derived from oil. Gasoline is a major component, but oil is also used to manufacture these other products when refined:

• Kerosene, often as for heating, or for jet fuel, allowing people to travel across the world safely and quickly
• Diesel fuel, which is fuel for trucks, trains, and other heavy transportation that enables a large and efficient logistics network
• Industrial feedstocks, which enable the production of many types of home products, such as plastics, waxes, and lubricants
• Asphalt, for paving roads and fixing pot-holes

Natural gas and natural gas liquids also influence our daily lives. For example, methane is used to heat our homes and power our stovetops for cooking. Other natural gas elements, known as natural gas liquids (NGLs), produce the following:

• Ethane, which is used in the production of polyethylene, which is a component of many plastics we use every day, such as bags from the grocery store and water bottles
• Propane, which is used for outdooring heating and cooking, such as BBQ’s and camping, and can be used in the production of plastics, such as polypropylene that is used for plastic furniture, food containers, and household plumbing
• Butane, which is used as an industrial feedstock, and is used for commercial and personal lighters and torches
• Natural gasoline, which is blended with other petroleum products to produce commercial gasoline

Oasis is proud of the role we play in realizing the positive benefits of oil and gas. We are also committed to managing the risks associated with oil and gas production, including the risks associated with climate change. Even as energy demands continue to rise as populations expand, industry grows and technology evolves, Oasis is focused on using our expertise to operate with minimal environmental impact, to manage all relevant risks, and to integrate climate change considerations into our long-term strategy.