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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.

Vår Energi ASA concludes drilling of wildcat well 7122/8-1 S
2 Mar 20232 min read

Vår Energi ASA concludes drilling of wildcat well 7122/8-1 S

The well was drilled about 13 km northeast of the Goliat field in the southern part of the Barents Sea and 90 km northwest of Hammerfest.

Oilfield Helping Hands celebrates 20 years of helping oilfield families
1 Mar 20231 min read

Oilfield Helping Hands celebrates 20 years of helping oilfield families

Since 2003, OHH has given US$5.9 million to more than 1000 industry workers and their families.

Halliburton and Siguler Guff announce joint venture for emissions management software
27 Feb 20233 min read

Halliburton and Siguler Guff announce joint venture for emissions management software

The new venture provides critical emissions management software-as-a-service (SaaS) solutions to track greenhouse gas emissions in the oil and gas industry and beyond.

Sparrows Group expands service roster in the North Sea
27 Feb 20233 min read

Sparrows Group expands service roster in the North Sea

The company is expanding its service roster in the North Sea as it looks to replicate its drilling services success in the Middle East and Asia.

MODEC, Inc develops shallow methane hydrate harvesting technology
27 Feb 20232 min read

MODEC, Inc develops shallow methane hydrate harvesting technology

The company has been participating in the underlying technology development related to the development of shallow methane hydrate harvesting technology conducted by the National Institute of Advanced Industrial Science and Technology.

ValTek donates to Permian Basin Petroleum Museum
24 Feb 20232 min read

ValTek donates to Permian Basin Petroleum Museum

The company was awarded US$50 000 at the Daniel Energy Partners BBQ Cook-Off in September after being named Grand Champion of the event. The prize money was to be contributed to a charity of the winner’s choice.

McKinsey: North American upstream operating cash flow to remain high into 2027
24 Feb 20233 min read

McKinsey: North American upstream operating cash flow to remain high into 2027

The latest analysis from McKinsey and Company (McKinsey) reveals that a fresh wave of M&A is expected in the North American upstream market, fuelled by high operating free cash flows.

Wintershall Dea shares annual press conference and full year results
23 Feb 20233 min read

Wintershall Dea shares annual press conference and full year results

CEO Mario Mehren described 2022 as an extremely challenging year which brought significant change for the company.

INEOS makes major US$1.4 billion acquisition of onshore oil and gas assets
22 Feb 20231 min read

INEOS makes major US$1.4 billion acquisition of onshore oil and gas assets

The company has acquired a portion of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for US$1.4 billion.

Cudd Well Control unveils new global headquarters
21 Feb 20232 min read

Cudd Well Control unveils new global headquarters

The new state-of-the-art facility consolidates office space with warehouse in one location.

FET to deliver four enhanced ROVs to DOF Subsea
21 Feb 20232 min read

FET to deliver four enhanced ROVs to DOF Subsea

Forum Energy Technologies (FET) has secured a significant order from DOF Subsea to deliver four of its advanced work-class remotely operated vehicles (ROVs).

Equinor sells its oil terminal at the Bahamas
21 Feb 20231 min read

Equinor sells its oil terminal at the Bahamas

The company has entered into an agreement with Liwathon for the sale of the Equinor South Riding Point oil terminal at the Grand Bahama Island in the Bahamas.

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