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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/Upstream news

Upstream news

Browse the latest upstream news news and articles.

SOFEC selects BMT and Sonardyne for deepwater turret mooring monitoring offshore Mozambique
21 Jun 20192 min read

SOFEC selects BMT and Sonardyne for deepwater turret mooring monitoring offshore Mozambique

The new system will involve monitoring of the turret mooring system on a new-build FLNG facility being built in South Korea for ENI’s Coral South project offshore Mozambique.

Acteon acquires TerraSond
21 Jun 20191 min read

Acteon acquires TerraSond

Headquartered in the US, TerraSond is a multidisciplinary geospatial and geophysical business with experience working for clients in oil and gas.

Rigless P&A technology enables safe pressure testing of suspended mudline wells
21 Jun 20193 min read

Rigless P&A technology enables safe pressure testing of suspended mudline wells

Unity’s Temporary Abandonment Cap Test Tool (TACTT) was deployed to support an end of life project located in the Southern North Sea.

Rystad Energy: oilfield service companies beginning to raise prices
21 Jun 20192 min read

Rystad Energy: oilfield service companies beginning to raise prices

"After losing pricing power in 2015 and 2016, oilfield service companies have since regained some of the lost ground, thanks first and foremost to industry consolidation among players that has concentrated the market over the past couple of years,” said Audun Martinsen, head of oilfield service research at Rystad Energy.

MODEC to supply FPSO to Petrobras for Búzios 5
20 Jun 20192 min read

MODEC to supply FPSO to Petrobras for Búzios 5

The first oil production by the FPSO is planned for 2022, and the firm time charter period of the contract is 21 years.

Foothills Exploration expects to close on Montana acquisition in 3Q19
20 Jun 20193 min read

Foothills Exploration expects to close on Montana acquisition in 3Q19

The company is aiming to complete the acquisition of 7000 acres and 87 oil and gas wells in the US state by 22 August.

TGS and PGS to collaborate on survey offshore East Canada
20 Jun 20191 min read

TGS and PGS to collaborate on survey offshore East Canada

The Jeanne d’Arc HD3D survey borders Newfoundland’s prominent producing fields such as Hibernia, Terra Nova, White Rose, North Amethyst and Hebron.

Chisholm Oil and Gas and Gastar Exploration to merge
20 Jun 20191 min read

Chisholm Oil and Gas and Gastar Exploration to merge

The combined company, which will operate under the name Chisholm Oil and Gas and be headquartered in Tulsa, Oklahoma, US, will have net production of approximately 20 000 boe/d.

Oil discovered at Jorvik and Tellus East exploration wells
20 Jun 20193 min read

Oil discovered at Jorvik and Tellus East exploration wells

The combined gross resources of Jorvik and Tellus East are estimated to be between 4 and 37 million boe.

Hunting H-2 perforating system sets wireline pump down record
19 Jun 20192 min read

Hunting H-2 perforating system sets wireline pump down record

In a recent Delaware Basin field trial with a major US land operator, the H-2 Perforating System was utilised to successfully run 45 perforating guns.

SM Energy raises production guidance
19 Jun 20192 min read

SM Energy raises production guidance

The company has raised guidance for 2Q19 and full year production volumes by 0.4 million boe.

Equinor completes acquisition of interest in BM-S-8 block, Santos Basin
19 Jun 20191 min read

Equinor completes acquisition of interest in BM-S-8 block, Santos Basin

The 10% interest in the BM-S8-block in Brazil's Santos basin has been acquired by Equinor from Barra Energia for US$379 million.

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