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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.

FairfieldNodal adds to Delaware Basin database
15 Feb 20171 min read

FairfieldNodal adds to Delaware Basin database

The Red Tank multi-client survey will be in the heart of the New Mexico portion of the Delaware Basin. This high-resolution 3D survey adds more than 300 square miles to the company’s regional contiguous database of 3000 square miles.

Eni and BP complete the sale of 10% of Shorouk, offshore Egypt
14 Feb 20172 min read

Eni and BP complete the sale of 10% of Shorouk, offshore Egypt

Eni’s CEO, Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum, Tarek El Molla have signed a deed completing the sale to BP of a 10% stake in the Shorouk concession, offshore Egypt.

Bell Geospace introduces Malaysian multiclient FTG programme
14 Feb 20172 min read

Bell Geospace introduces Malaysian multiclient FTG programme

The MultiClient FTG Programme includes airborne 3D Full Tensor Gradiometry (FTG) and magnetic survey data that will be undertaken over offshore Peninsular Malaysia, Sarawak and Sabah.

Lundin: Oil discovery in the Filicudi prospect in the southern Barents Sea
13 Feb 20172 min read

Lundin: Oil discovery in the Filicudi prospect in the southern Barents Sea

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has made an oil and gas discovery in the main well 7219/12-1 and is presently drilling a sidetrack 7219/12-1A on the Filicudi prospect.

CGG delivers final pre-STM data for Hobo multi-client survey in Midland Basin
10 Feb 20171 min read

CGG delivers final pre-STM data for Hobo multi-client survey in Midland Basin

CGG has announced that the final processed time volumes (Orthorhombic Kirchhoff Pre-STM) from its recent Hobo 3D multi-client survey in the highly prospective Midland Basin are now available for license.

MOL Group expands exploration portfolio
9 Feb 20172 min read

MOL Group expands exploration portfolio

MOL Group expanded its exploration portfolio by acquiring new licenses in Hungary and Norway. MOL acquired 6 new licences in the fourth bid round in Hungary, doubling its exploration acreage in the country.

Polarcus agrees terms for 5 1/2 year bareboat charter
9 Feb 20172 min read

Polarcus agrees terms for 5 1/2 year bareboat charter

A Polarcus subsidiary has entered into a heads of agreement with SCF GEO AS, to charter a vessel on bareboat terms with delivery scheduled for March, 2017.

Rockhopper: operational and corporate update
8 Feb 20174 min read

Rockhopper: operational and corporate update

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following operational and corporate update.

DeepOcean completes 3D laser survey
8 Feb 20172 min read

DeepOcean completes 3D laser survey

ADUS DeepOcean, a subsidiary of DeepOcean Group Holding BV (DeepOcean), today announces the completion of ground breaking 3D laser survey offshore Ghana.

Polarcus secures extension of South American campaign
8 Feb 20171 min read

Polarcus secures extension of South American campaign

Reference is made to the stock exchange release issued on 16 December 2015 in which Polarcus Limited announced an award for a 3D marine seismic project in South America.

Occidental Petroleum replaces nearly 190% of 2016 production
7 Feb 20172 min read

Occidental Petroleum replaces nearly 190% of 2016 production

Occidental Petroleum Corporation has announced that at year-end 2016, the company's preliminary worldwide proved reserves totalled 2.4 billion boe compared to 2.2 billion boe at the end of 2015.

GeoPark announces new exploration discovery and development drilling successes in Colombia
6 Feb 20172 min read

GeoPark announces new exploration discovery and development drilling successes in Colombia

GeoPark Limited has announced new drilling successes in the Llanos 34 Block (GeoPark operated with a 45% working interest), in Colombia.

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