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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.

Oil Search acquires exploration acreage in the offshore Papuan Gulf
12 Sept 20162 min read

Oil Search acquires exploration acreage in the offshore Papuan Gulf

Oil Search (PNG) Limited, has entered into agreements with Gini Energy Limited to acquire a 40% interest in each of PPL 374 and PPL 375.

Seabird to acquire 2D long offset multi-client survey in Barents Sea
9 Sept 20161 min read

Seabird to acquire 2D long offset multi-client survey in Barents Sea

SeaBird and Lundin Norway have jointly designed this survey of deep seismic profiles to be acquired in the Barents Sea during September - October 2016.

Weatherford awarded two large completions contracts with super major
9 Sept 20161 min read

Weatherford awarded two large completions contracts with super major

The contract will see Weatherford provide upper completions products to multiple rig lines drilling extended-reach wells at Sakhalin Island.

Schlumberger, ION in Mexico 3D seismic programme
8 Sept 20162 min read

Schlumberger, ION in Mexico 3D seismic programme

The Campeche 3D reimaging programme comprises three survey areas covering approximately 82 000 square kilometres in the Bay of Campeche offshore southern Mexico.

TGS announces exclusive commercial well log agreement with ANCAP
6 Sept 20162 min read

TGS announces exclusive commercial well log agreement with ANCAP

The agreement heralds the standardisation and commercialisation of a multi-client well data programme for exploration wells in Uruguay.

Urals Energy completes acquisition of Arctic Oil Company
6 Sept 20161 min read

Urals Energy completes acquisition of Arctic Oil Company

Urals Energy has confirmed that the acquisition of the entire share capital of Arctic Oil Company Limited (ANK) from JSC ArcticMorNefteGazRazvedka (AMNGR) has completed.

Statoil increases share in the Wisting discovery
6 Sept 20162 min read

Statoil increases share in the Wisting discovery

Statoil and Tullow Norge AS have agreed on a transaction whereby Statoil will increase its equity in four licences on the Norwegian continental shelf (NCS).

Bell Geospace and Onyx Engineering awarded FTG Contract by Petronas
1 Sept 20162 min read

Bell Geospace and Onyx Engineering awarded FTG Contract by Petronas

The contract, for 3D multi-client FTG data acquisition, processing and interpretative services, will cover approximately 198 900 square kilometres.

Statoil prepares major exploration campaign in Barents Sea
31 Aug 20163 min read

Statoil prepares major exploration campaign in Barents Sea

Statoil is working on obtaining approval from partners and authorities for an exploration campaign in 2017 covering between five and seven wells in the Barents Sea.

Shell divests Gulf Of Mexico assets for US$425 million
31 Aug 20161 min read

Shell divests Gulf Of Mexico assets for US$425 million

Shell, has announced it has an agreement to sell 100% of its record title interest in Gulf of Mexico Green Canyon Blocks 114, 158, 202 and 248, to EnVen Energy Corporation.

Lundin receives consent for exploration drilling
30 Aug 20161 min read

Lundin receives consent for exploration drilling

The PSA has given Lundin consent to drill exploration well 7219/12-1 in a prospect named Filicudi in the Barents Sea.

Essel Group provides Block 2A update
25 Aug 20162 min read

Essel Group provides Block 2A update

Essex Group Middle East has commenced a 2D seismic survey of Block A and has acquired a new drilling rig.

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