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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.

Learning to love computer vision
21 Nov 20245 min read

Learning to love computer vision

Cameron Devers, Tyler Abla, and Gage Russell, Taurex Drill Bits, USA, delve into the use of computer vision for PDC cutter damage classification, demonstrating how advanced image analysis is transforming the field.

ExxonMobil transfers Block 52 offshore Suriname to Petronas
21 Nov 20241 min read

ExxonMobil transfers Block 52 offshore Suriname to Petronas

ExxonMobil Exploration & Production Suriname B.V. has formally notified Suriname’s national energy company, Staatsolie, that it will withdraw from Block 52 in the Surinamese offshore area effective 14 November 2024.

DUG and PetroVision sign collaborative agreement for seismic data processing solutions
21 Nov 20241 min read

DUG and PetroVision sign collaborative agreement for seismic data processing solutions

DUG Technology has announced a new partnership with PetroVision aimed at promoting and delivering specialised seismic data processing solutions in Nigeria.

LandBridge announces agreement to acquire 46 000 surface acres in the Southern Delaware Basin
20 Nov 20241 min read

LandBridge announces agreement to acquire 46 000 surface acres in the Southern Delaware Basin

The acquisition increases LandBridge holdings to roughly 272 000 surface acres.

COP29: TotalEnergies and Oil India announce collaboration on methane emissions detection and measurement
20 Nov 20242 min read

COP29: TotalEnergies and Oil India announce collaboration on methane emissions detection and measurement

TotalEnergies and Oil India Limited (OIL) have signed a Cooperation Agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ pioneer AUSEA technology at OIL sites in India.

Oil States introduces Low Impact Workover Package at  SPE ICoTA 30th European Well Intervention Conference
20 Nov 20241 min read

Oil States introduces Low Impact Workover Package at SPE ICoTA 30th European Well Intervention Conference

The technology will debut at the SPE/ICoTA 30th European Well Intervention Conference, supporting the event’s “Empowering Tomorrow” theme.

EIA: Northwest US and western Canadian natural gas prices trade at historic lows in 2024
19 Nov 20242 min read

EIA: Northwest US and western Canadian natural gas prices trade at historic lows in 2024

The EIA has reported that monthly average natural gas spot prices at northwestern US and western Canada border pricing hubs reached historic lows in 2024 through October, according to data from Natural Gas Intelligence. Robust natural gas production in western Canada, where output has generally increased over the last two years, and high natural gas inventories in the region contributed to the low prices.

Well-Safe Solutions announces North Sea contracts worth US$25 million
18 Nov 20243 min read

Well-Safe Solutions announces North Sea contracts worth US$25 million

International energy transition specialists Well-Safe Solutions have been awarded two new contracts totalling US$25 million for approximately 170 days of firm work, using the Well-Safe Protector jack-up and Well-Safe Defender semi-submersible.

Equinor announces contract to Northern Ocean to employ mobile rig
18 Nov 20242 min read

Equinor announces contract to Northern Ocean to employ mobile rig

Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.

Seatrium successfully delivers fifth and final jackup rig for Borr Drilling
15 Nov 20242 min read

Seatrium successfully delivers fifth and final jackup rig for Borr Drilling

Seatrium Limited delivers its fifth newbuild jackup rig ‘Var’ to Borr Drilling.

Rival Downhole Tools announces continued international expansion
15 Nov 20242 min read

Rival Downhole Tools announces continued international expansion

According to Rival, these endeavours align with its strategic vision to broaden its global footprint and reinforce its commitment to providing customers downhole drilling technologies and service delivery.

COP29: TotalEnergies deploys continuous, real-time methane emissions detection equipment on all its operated upstream assets
15 Nov 20242 min read

COP29: TotalEnergies deploys continuous, real-time methane emissions detection equipment on all its operated upstream assets

TotalEnergies has announced that the company is enhancing its monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated upstream sites.

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