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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/Exploration

Exploration News

Browse the latest exploration news and articles.

Well foundation technology under the microscope to cut well costs, improve safety and reduce environmental impact
18 Dec 20173 min read

Well foundation technology under the microscope to cut well costs, improve safety and reduce environmental impact

The Industry Technology Facilitator (ITF), in collaboration with Maersk Oil, Nexen, Shell, Siccar Point Energy, TechnipFMC and the Oil and Gas Technology Centre (OGTC), is leading a joint industry project (JIP) to investigate an alternative well foundation technology for subsea exploration and production wells.

Energean awarded five exploration licences, offshore Israel
14 Dec 20171 min read

Energean awarded five exploration licences, offshore Israel

The new licences provide further exploration potential around the Company’s Karish and Tanin development.

Polarcus secures funding for 3D broadband project in Australia
11 Dec 20171 min read

Polarcus secures funding for 3D broadband project in Australia

The company has secured significant industry prefunding and has been granted the environmental permit for a broadband 3D marine seismic project in Australia.

CGG releases multi-client airborne GravMag survey over Perdido Fold Belt, Mexico
7 Dec 20172 min read

CGG releases multi-client airborne GravMag survey over Perdido Fold Belt, Mexico

CGG Multi-Physics has announced completion of the acquisition, processing and interpretation of a multi-client airborne gravity and magnetic survey of approximately 38 000 line km over the Perdido Fold Belt.

ION quadruples 2D multi-client data offshore Argentina prior to license round
6 Dec 20172 min read

ION quadruples 2D multi-client data offshore Argentina prior to license round

ION has delivered a regional framework consisting of approximately 30 000 km of data over the Austral and Malvinas basins' relatively under-explored petroleum region.

Statoil awarded exploration license onshore Argentina
30 Nov 20172 min read

Statoil awarded exploration license onshore Argentina

As part of the Argentina’s Gas y Petróleo del Neuquén’s (GyP) 5th bidding round, Statoil has been awarded the Bajo del Toro Este exploration license as operator in the Neuquén basin.

Faroe Petroleum: Iris/Hades (Aerosmith) exploration well commences
30 Nov 20172 min read

Faroe Petroleum: Iris/Hades (Aerosmith) exploration well commences

The Iris/Hades (Aerosmith) well is located in the Halten Terrace, some 200 km offshore in the Norwegian Sea and adjacent to the producing Morvin and Aasgard fields.

Petrobras: Sale of Azulão Field
23 Nov 20171 min read

Petrobras: Sale of Azulão Field

The total amount of the operation is US$ 54.5 million and will be paid on the closing date of the deal.

CGG announces availability of broadband high-res images across the Northern Viking Graben
21 Nov 20171 min read

CGG announces availability of broadband high-res images across the Northern Viking Graben

CGG has announced the delivery of the final time-processed data from its Northern Viking Graben multi-client 3D BroadSeis™-BroadSource™ survey. This includes 35 000 sq. km of subsurface images across the Norwegian Northern North Sea.

Shearwater GeoServices awarded ONGC survey
17 Nov 20171 min read

Shearwater GeoServices awarded ONGC survey

GC Rieber Shipping ASA's 50% owned geoservices company Shearwater GeoServices has been awarded a 3D broadband marine seismic acquisition contract by ONGC for the planned 2017/2018 field season.

Tethys Oil to be awarded new exploration license onshore Oman
9 Nov 20172 min read

Tethys Oil to be awarded new exploration license onshore Oman

Block 49 is an onshore block that covers a prospective but still rather unexplored area in the South West of the Sultanate bordering the Kingdom of Saudi Arabia.

FairfieldNodal adds to Delaware Basin database
6 Nov 20171 min read

FairfieldNodal adds to Delaware Basin database

380 square miles of fast-track data are now available, completing this portion of the project.

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