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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.

NPD: small North Sea oil discovery
23 May 20162 min read

NPD: small North Sea oil discovery

Wintershall Norge AS, operator of production licence 248, has announced the completion of the drilling of wildcat wells 35/8-6 S and 35/8-6 A.

Lundin Norway awarded five licences in 23rd Norwegian licensing round
19 May 20162 min read

Lundin Norway awarded five licences in 23rd Norwegian licensing round

All the licences are located in the southern Barents Sea with three of the licences being operated by Lundin Norway.

APPEA: more Queensland exploration needed
19 May 20162 min read

APPEA: more Queensland exploration needed

According to APPEA, there is an urgent need to address the decline in Queensland exploration experienced over recent years.

WFS Seatooth demonstration
18 May 20162 min read

WFS Seatooth demonstration

WFS Technologies, Focus Subsea and Aquip Systems are to demonstrate the Seatooth wirelessly enabled products at iTech’s test tank facilities.

Statoil awarded considerable position in 23rd licensing round
18 May 20162 min read

Statoil awarded considerable position in 23rd licensing round

The Ministry of Petroleum and Energy has awarded five licences to Statoil in the 23rd licensing round, four as operator and one as partner.

Petronas reports tough start to 2016
18 May 20162 min read

Petronas reports tough start to 2016

Petronas has recorded a group pre-tax profit of RM6.8 billion for 1Q16, 60% lower than the RM17.0 billion posted in 1Q15.

Tullow Oil granted well 16/5-6 drilling permit
18 May 20161 min read

Tullow Oil granted well 16/5-6 drilling permit

The Norwegian Petroleum Directorate has granted Tullow Oil Norge AS a drilling permit for wellbore 16/5-6.

Economist Intelligence Unit predicts price rebound
18 May 20162 min read

Economist Intelligence Unit predicts price rebound

The Economist Intelligence Unit has announced that it maintains its forecast that Brent will average US$40/bbl in 2016.

Ikon Science and Fugro announce partnership
18 May 20162 min read

Ikon Science and Fugro announce partnership

Ikon Science and Fugro have combined forces to tackle wellsite related geohazards and bring a new solution to market.

CGG registered by CNH to estimate reserves in Mexico
17 May 20161 min read

CGG registered by CNH to estimate reserves in Mexico

CGG has been registered by Mexico’s National Hydrocarbons Commission as an independent third party qualified to audit and certify Mexico’s reserves.

Approval of sale of Petrobras Argentina
16 May 20161 min read

Approval of sale of Petrobras Argentina

Petrobras has reported that its Board of Directors have approved the sale of its entire 67.19% stake in Petrobras Argentina (PESA).

Statoil farms into Turkey onshore acreage
16 May 20162 min read

Statoil farms into Turkey onshore acreage

Statoil has announced it has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey.

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