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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.

Shell announces Fort Sumter discovery in Gulf of Mexico
29 Jul 20162 min read

Shell announces Fort Sumter discovery in Gulf of Mexico

This discovery further enhances Shell’s deepwater position.

Statoil to acquire interest in Santos Basin
29 Jul 20163 min read

Statoil to acquire interest in Santos Basin

Statoil has acquired an operated interest in a Brazilian offshore licence containing a substantial part of the Carcará pre-salt oil discovery.

Venari resources increases ownership in Shenandoah field
28 Jul 20162 min read

Venari resources increases ownership in Shenandoah field

In addition, the company has reported successful results from the Shenandoah #5 appraisal well.

Total: second quarter and first half 2016 results
28 Jul 20167 min read

Total: second quarter and first half 2016 results

Total captured the benefit of the recovery in oil prices since the start of the year, and adjusted net income rose to US$2.2 billion in the second quarter of 2016.

Anadarko announces 2Q16 results
27 Jul 20162 min read

Anadarko announces 2Q16 results

Anadarko Petroleum Corp. has announced its financial and operating results for 2Q16, including a net loss attributable to common stockholders of US$692 million.

Spectrum to commence new multi-client 2D survey offshore Brazil
27 Jul 20162 min read

Spectrum to commence new multi-client 2D survey offshore Brazil

Spectrum has announced the commencement of a 15 000 km multi-client 2D survey offshore Brazil in the Santos and Campos Basins.

OGA launches 29th Offshore Licensing Round
27 Jul 20163 min read

OGA launches 29th Offshore Licensing Round

The Oil and Gas Authority (OGA) has launched the 29th Offshore Licensing Round with more than 1200 blocks on offer to support the OGA’s objective of maximising economic recovery (MER) from the UK Continental Shelf (UKCS).

Savannah Petroleum to acquire 3D seismic in SE Niger
27 Jul 20161 min read

Savannah Petroleum to acquire 3D seismic in SE Niger

Savannah Petroleum PLC (Savannah) has announced the signature by one of its subsidiaries of a call-off order (Call Off) under the previously signed framework contract for seismic acquisition services with BGP Niger SARL (BGP).

Torchlight reaches total depth on Flying B Ranch Well #1
26 Jul 20162 min read

Torchlight reaches total depth on Flying B Ranch Well #1

Torchlight Energy Resources Inc. has announced that the Flying B Ranch #1 has been drilled to a total depth of 6470 ft.

Nexans umbilicals achieve global reach
26 Jul 20161 min read

Nexans umbilicals achieve global reach

OneSubsea has ordered the umbilical and accessories from Nexans to develop the Greater Enfield development off the coast of Exmouth, Western Australia.

Drilling permit awarded to Statoil
26 Jul 20161 min read

Drilling permit awarded to Statoil

The Norwegian Petroleum Directorate has granted Statoil Petroleum ASA a drilling permit for well 6407/7-9 S, cf. Section 8 of the Resource Management Regulations.

Zargon Oil & Gas Ltd announces sale of southeast Saskatchewan assets
26 Jul 20161 min read

Zargon Oil & Gas Ltd announces sale of southeast Saskatchewan assets

Zargon Oil & Gas Ltd has entered into a definitive agreement for the sale of all of its Southeast Saskatchewan assets.

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