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Neuquén basin production grows, accounts for over 70% of Argentina’s oil and gas output

Oil & Gas Journal

In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas. In May—the latest month with full basin-level data—production in Neuqu é n reached 538,000 b/d of oil and 107 million cu m/day of natural gas.

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Seatrium: first turnkey FPSO delivery to Petrobras

Oilfield Technology

Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest deepwater oil field globally, with an impressive production capacity of 180 000 bpd of oil, 7.2 Read the latest issue of Oilfield Technology magazine for upstream news, project stories, industry insight and technical articles. Petrobras).

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ConocoPhillips announces oil find at Slagugle discovery in Norwegian Sea

Oilfield Technology

The well was drilled to delineate the discovery confirmed in well 6507/5-10 S (Slagugle) and to perform a formation test to gain a deeper understanding of the reservoir properties and connectivity within the hydrocarbon-bearing layers. The Deepsea Yantai drilling rig, operating in a water depth of 341 m, was utilised for the drilling.

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Derisking MPD operations

Oilfield Technology

Now a common practice globally, MPD is advancing novel methods and technologies that will push drilling beyond the conventionally un-drillable — and into the next frontier of subsea exploration. Rather than repurpose legacy equipment, the riser joint is purpose-built to be a custom solution for more efficient MPD operations.

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Vår Energi discovers gas-condensate west of Fenja field

Oil & Gas Journal

Alex Procyk July 21, 2025 2 min read Photo from Odfjell Drilling Vår Energi discovers gas-condensate west of Fenja field, drilled by the Deepsea Yantai drilling rig. Wildcat well 6406/11-2 S, the eighth in in production license (PL) 586, was drilled by the Deepsea Yantai rig in 310 m of water to 3,857 m TVD subsea.

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Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Upstream involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs.

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BP’s Q1 2025 Update: Gulf of Mexico Success, Increased Texas Drilling & Oil Price Softness

Oil Gas Leads

Three key themes emerged from the update: major exploration success in the Gulf of Mexico, oil price commentary, and a demonstration of financial resilience. This shorter cycle time from drilling to production optimizes capital efficiency and improves returns. billion (up from $1.2 billion, impacted by a $3.4