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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.

Petrobras announces teaser for transfer of minority stake in the Tartaruga Field in the Sergipe-Alagoas Basin
29 Nov 20242 min read

Petrobras announces teaser for transfer of minority stake in the Tartaruga Field in the Sergipe-Alagoas Basin

Petrobras informs that it has started the teaser stage for the transfer of its 25% minority stake in the Tartaruga Field.

Axess Group announces frame agreement extension with KCA Deutag in Norway
28 Nov 20241 min read

Axess Group announces frame agreement extension with KCA Deutag in Norway

Axess Group has secured a frame agreement extension with KCA Deutag, a drilling, engineering and technology company.

Valeura Energy announces completion of infill drilling campaign at Jasmine field offshore Gulf of Thailand
28 Nov 20243 min read

Valeura Energy announces completion of infill drilling campaign at Jasmine field offshore Gulf of Thailand

Valeura Energy Inc. has announced the successful completion of an infill drilling campaign at the Jasmine field in Licence B5/27 (100% operated working interest), offshore Gulf of Thailand.

Prospex Energy announces progress on Viura-1B well testing onshore Spain
27 Nov 20242 min read

Prospex Energy announces progress on Viura-1B well testing onshore Spain

Prospex Energy plc, the investment company focused on European gas and power projects, has announced an update on the schedule of the flow testing at the Viura-1B development well, which is expected early in December.

Reuters: Exxon executive says US oil firms unlikely to go 'drill, baby, drill' under Trump
27 Nov 20242 min read

Reuters: Exxon executive says US oil firms unlikely to go 'drill, baby, drill' under Trump

According to Reuters, a senior executive at Exxon Mobil said that US oil and gas producers remain focused on capital discipline, rather than radically increased production.

EIA: US crude oil production established a new record in August 2024
26 Nov 20241 min read

EIA: US crude oil production established a new record in August 2024

According to EIA, An average of 13.4 million bpd of crude oil was produced in the United States during August 2024, a new record according to data from EIA.

Falcon Oil & Gas announces spudding of second well in the Shenandoah South Pilot project
25 Nov 20241 min read

Falcon Oil & Gas announces spudding of second well in the Shenandoah South Pilot project

Falcon Oil & Gas Ltd. has announced the spudding of the Shenandoah S2-4H horizontal well (previously referred to as the SS3H well) in exploration permit 98 in the Beetaloo Sub-basin, Northern Territory, Australia with Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran (B2) Pty Limited.

DNV certifies first CO2 storage site in the Middle East for ADNOC CCS project
25 Nov 20243 min read

DNV certifies first CO2 storage site in the Middle East for ADNOC CCS project

DNV certifies first CO2 storage site in the Middle East for ADNOC carbon capture and storage project.

Glamox wins smart lighting contracts for new North Sea platforms
25 Nov 20243 min read

Glamox wins smart lighting contracts for new North Sea platforms

Glamox wins smart lighting contracts for new hi-tech North Sea oil and gas platforms.

bp awarded NCMA 2 exploration block
22 Nov 20241 min read

bp awarded NCMA 2 exploration block

bp has announced that it has been awarded the NCMA 2 block offshore Trinidad as part of the Shallow Water 2023/24 bid round that closed in May 2024.

MOL Group signed cooperation agreement with KazMunayGas
22 Nov 20243 min read

MOL Group signed cooperation agreement with KazMunayGas

This agreement builds on the successful joint venture in Kazakhstan, where MOL, KMG and Sinopec from China have been producing gas and gas condensate at the Rozhkovskoye field.

Defining field development partnership for the energy transition
22 Nov 20244 min read

Defining field development partnership for the energy transition

Amplus Energy responds to the challenges facing the global energy industry.

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