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The September/October 2026 issue of Oilfield Technology explores how operators and service companies are responding to a more demanding upstream environment through technology, optimisation and smarter decision-making. Highlights include McKinsey & Company on the growing exploration discovery gap, Halliburton on unlocking bypassed reserves through multilateral technology, and MR Group on continuous BOP assurance, alongside features examining autonomous FPSOs, produced water treatment, H2S scavenging, advanced sealing solutions and the growing role of AI in optimising well and asset performance.

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Home/News/Drilling & production

Drilling & production News

Browse the latest drilling & production news and articles.

CNOOC Ltd commences production from Luda 5-2 North Oilfield Phase II Development Project
21 Feb 20252 min read

CNOOC Ltd commences production from Luda 5-2 North Oilfield Phase II Development Project

CNOOC Ltd has announced that Luda 5-2 North Oilfield Phase II Development Project has commenced production.

Black Gold announces commencement of drilling in the Illinois basin
21 Feb 20252 min read

Black Gold announces commencement of drilling in the Illinois basin

Earlier this month, BGX acquired a 10% working interest in the well and an option to participate in any offset developmental wells in a 210 acre area of mutual interest from the operator, Adler Energy, LLC.

Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering
20 Feb 20252 min read

Bowman announces expansion of oil and gas footprint with acquisition of UP Engineering

UP serves clients throughout Texas with a focus on oil and gas, industrial, commercial and residential projects.

Outrigger Energy II completes sale of Williston Basin Midstream System
20 Feb 20252 min read

Outrigger Energy II completes sale of Williston Basin Midstream System

Outrigger Energy II LLC has announced that it has completed the sale of its midstream system in the Williston Basin of North Dakota to Hiland Partners Holdings LLC, a wholly owned subsidiary of Kinder Morgan, Inc. for US$640 million.

Global oil and gas contract value remains stable in 4Q24: GlobalData
19 Feb 20252 min read

Global oil and gas contract value remains stable in 4Q24: GlobalData

Global oil and gas contract value remains stable despite volume decline in 4Q24, reveals GlobalData.

Xodus appointed to one of Japan’s first large-scale CCS projects
19 Feb 20253 min read

Xodus appointed to one of Japan’s first large-scale CCS projects

Xodus secures contract to support one of Japan’s first large-scale CCS projects.

Valaris announces fleet rationalisation and issues fleet status report
19 Feb 20253 min read

Valaris announces fleet rationalisation and issues fleet status report

Valaris Ltd has announced several fleet rationalisation actions and issued a Fleet Status Report.

Strohm and UNITECH Offshore to deliver enhanced pipeline solutions
19 Feb 20252 min read

Strohm and UNITECH Offshore to deliver enhanced pipeline solutions

Strohm and UNITECH Offshore combine expertise to deliver enhanced pipeline solutions.

bp announces start of production from Raven Second Development Phase, offshore Egypt
18 Feb 20252 min read

bp announces start of production from Raven Second Development Phase, offshore Egypt

The new wells are expected to produce approximately 7 million barrels of condensate.

Validus Energy to acquire 89 Energy III for US$850 million
17 Feb 20252 min read

Validus Energy to acquire 89 Energy III for US$850 million

Privately owned US oil and gas producer Validus Energy is set to acquire rival 89 Energy III for approximately US$850 million, including debt.

CNOOC announces production from Buzios7 project
17 Feb 20252 min read

CNOOC announces production from Buzios7 project

CNOOC Ltd has announced that the Buzios7 Project has commenced production safely.

BP plans new wells for Shah Deniz
14 Feb 20252 min read

BP plans new wells for Shah Deniz

BP plans new wells for Shah Deniz to sustain gas production.

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