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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.

Rystad Energy: Saudi Arabia adds oil resources ahead of IPO
21 Jun 20173 min read

Rystad Energy: Saudi Arabia adds oil resources ahead of IPO

In its annual account of global oil resources, Rystad Energy finds that Saudi Arabia has added enough recoverable oil resources to regain its top position ahead of the United States and Russia.

Cooper Energy: Callawonga-17 successful
20 Jun 20172 min read

Cooper Energy: Callawonga-17 successful

Cooper Energy has announced that Callawonga-17, an appraisal and development well drilled by the PEL 92 Joint Venture in PPL 220, is to be cased and suspended as a future oil producer.

CGG wins renewal of dedicated center contract for PTTEP
20 Jun 20171 min read

CGG wins renewal of dedicated center contract for PTTEP

The new contract will run for a further three years, from 1 March 2017 to 28 February 2020.

Rosneft discovers hydrocarbon deposits on Eastern Arctic shelf
19 Jun 20172 min read

Rosneft discovers hydrocarbon deposits on Eastern Arctic shelf

Rosneft is performing the drilling of the northernmost exploratory well on the Eastern Arctic shelf following a comprehensive geological study.

CGG: geostatistical seismic reservoir characterisation brings more accurate understanding of the reservoir
19 Jun 20173 min read

CGG: geostatistical seismic reservoir characterisation brings more accurate understanding of the reservoir

Geoscientists in the oil & gas industry face many challenges in their quest to de-risk and drill the best wells and more confidently forecast production.

Condor begins drilling the Yakamoz 1 exploration well
16 Jun 20172 min read

Condor begins drilling the Yakamoz 1 exploration well

Condor Petroleum Inc., a Canadian based oil and gas company focused on exploration and production activities in Turkey and Kazakhstan, provides an operations update.

PGS extends OvationData service contract
15 Jun 20171 min read

PGS extends OvationData service contract

OvationData Limited has announced the extension of its current trace management service agreement with PGS to 2023.

Integrated approach accelerates understanding of petroleum systems
15 Jun 20173 min read

Integrated approach accelerates understanding of petroleum systems

CGG’s JumpStart™ multi-client geoscience programs integrate the most advanced seismic data with reviewed, calibrated and interpreted well and geological data for petroleum systems evaluation, supported by regional interpretations and reports.

Halliburton and GroundMetrics launch 3D formation evaluation service with innovative sensor technology
15 Jun 20172 min read

Halliburton and GroundMetrics launch 3D formation evaluation service with innovative sensor technology

Halliburton has announced an agreement with GroundMetrics, a San Diego company specialising in the development of electromagnetic sensor systems, to deliver full field reservoir characterisation and monitoring services.

Schlumberger and Seitel announce new 2D multiclient reimaging programme onshore Mexico
15 Jun 20172 min read

Schlumberger and Seitel announce new 2D multiclient reimaging programme onshore Mexico

Programme covers both conventional and unconventional lease blocks

Statoil announces revised exploration programme in the Great Australian Bight
9 Jun 20172 min read

Statoil announces revised exploration programme in the Great Australian Bight

Statoil has signed a swap agreement with BP and has been granted regulatory approval to take over two exploration permits and extend its work program in the Great Australian Bight.

CGG delivers final data from Encontrado project over Perdido fold belt
8 Jun 20172 min read

CGG delivers final data from Encontrado project over Perdido fold belt

CGG has announced that the final products from its Encontrado multi-client reprocessing project across the Gulf of Mexico’s prolific Perdido fold belt have been delivered on schedule to the Comision Nacional de Hidrocarburos (CNH) and the industry.

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