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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.

Expro strengthens well abandonment services with  senior project manager appointment
5 Jan 20172 min read

Expro strengthens well abandonment services with senior project manager appointment

Expro, has strengthened its well abandonment services with the appointment of senior project manager, Bill Inglis.

Schlumberger acquires Peak Well Systems
5 Jan 20172 min read

Schlumberger acquires Peak Well Systems

Peak’s advanced flow control products and well intervention solutions will help expand Schlumberger's Production Services portfolio.

Cub Energy announces new 20 year production licence with expanded acreage
5 Jan 20172 min read

Cub Energy announces new 20 year production licence with expanded acreage

Cub Energy Inc. has announced that its wholly-owned subsidiary, Tysagaz LLC, has been granted a new production licence with additional acreage in western Ukraine.

Delek Group: participation in tender for Cyprus O&G exploration rights
5 Jan 20171 min read

Delek Group: participation in tender for Cyprus O&G exploration rights

Delek Group has provided an update related to its submission for a bid or a tender issued by the Government of Cyprus for the acquisition of exploration rights for oil and/or natural gas.

GeoPark announces further drilling success in Colombia - hits production targets
5 Jan 20172 min read

GeoPark announces further drilling success in Colombia - hits production targets

GeoPark Limited has announced the successful drilling and testing of the Tigana Sur 4 development well in the Tigana oil field in the Llanos 34 Block in Colombia, resulting in consolidated net exit production of approximately 24 400 boe/d.

Cooper Energy reports Worrior-11 success
5 Jan 20171 min read

Cooper Energy reports Worrior-11 success

Cooper Energy Limited reports that Worrior-11, an oil development well located in PPL 207 in the Cooper Basin, South Australia, has been cased and suspended after reaching a total depth of 1669 m.

NEL helps O&G industry reduce financial burden of heavy oil measurement
4 Jan 20172 min read

NEL helps O&G industry reduce financial burden of heavy oil measurement

NEL has developed a novel method for calculating Reynolds numbers in real time, helping the O&G industry to significantly reduce financial exposure of heavy oil flow measurement.

Transporting a Giant
4 Jan 20173 min read

Transporting a Giant

Fagioli and RINA Services work to ensure smooth installation of colossal Hebron platform topsides.

SM Energy announces sale of non-operated Eagle Ford assets for US$800 million
4 Jan 20172 min read

SM Energy announces sale of non-operated Eagle Ford assets for US$800 million

A definitive agreement with a subsidiary of Venado Oil and Gas, LLC , an affiliate of KKR, covers the sale of SM Energy's third party operated assets in the Eagle Ford, including ownership interest in related midstream assets, for US$800 million.

Statoil to increase exploration drilling in 2017
4 Jan 20173 min read

Statoil to increase exploration drilling in 2017

Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).

ExxonMobil, Tillerson reach agreement to comply with conflict of interest requirements
4 Jan 20172 min read

ExxonMobil, Tillerson reach agreement to comply with conflict of interest requirements

The board of directors has reached an agreement with Rex W. Tillerson, former chairman and CEO, to sever all ties with the company to comply with conflict-of-interest requirements associated with his nomination as secretary of state.

LGO Energy: drilling update on Goudron field
4 Jan 20172 min read

LGO Energy: drilling update on Goudron field

LGO has provided further update on its plans to recommence production drilling at the Goudron Field in Trinidad following its announcement of 21 December 2016.

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