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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.

Laughton-1 well drilling operations commence
15 Feb 20162 min read

Laughton-1 well drilling operations commence

Egdon Resources plc has announced the commencement of drilling operations at the Laughton-1 exploration well in UK Onshore Licence PEDL209 located in Lincolnshire.

Statoil strengthens its position in Uruguay
15 Feb 20161 min read

Statoil strengthens its position in Uruguay

Statoil has signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the Pelotas basin, deepening its position in Uruguay.

BP deepens commitment to Oman
15 Feb 20163 min read

BP deepens commitment to Oman

BP has committed to to extending the licence for Oman Block 61 and to develop second phase of major Khazzan gas field.

Yuma Energy and Davis Petroleum announce merger agreement
15 Feb 20162 min read

Yuma Energy and Davis Petroleum announce merger agreement

Yuma Energy Inc. and Davis Petroleum Acquisition Corp. have jointly announced that they have entered into a definitive merger agreement for an all-stock transaction.

Forsys Subsea awarded subsea FEED contract for Trestakk field development
15 Feb 20161 min read

Forsys Subsea awarded subsea FEED contract for Trestakk field development

The FEED study is to investigate subsea tie-back of Trestakk to Åsgard A FPSO.

Europa Oil & Gas award of new offshore Ireland licencing option
12 Feb 20163 min read

Europa Oil & Gas award of new offshore Ireland licencing option

Europa has been awarded a new licensing option in the southern Porcupine Basin, offshore Ireland as part of the 2015 Atlantic Ireland round.

Pacific E&P in constant expansion
12 Feb 20161 min read

Pacific E&P in constant expansion

Pacific Exploration & Production Corp. has announced it is actively working with its creditors pursuant ensure the long-term viability of its business.

LMKR partners with FracGeo LLC
12 Feb 20162 min read

LMKR partners with FracGeo LLC

Partnership will deliver fracture geomechanics software solutions addressing completion efficiency and well space optimisation.

Woodside makes second gas discovery in Myanmar
12 Feb 20162 min read

Woodside makes second gas discovery in Myanmar

This marks the second discovery on the Rakhine Basin since the beginning of 2016.

Buru Energy: flow test at Ungani Far West 1 well
11 Feb 20162 min read

Buru Energy: flow test at Ungani Far West 1 well

Buru Energy Ltd has released an update on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.

BP releases 2016 Energy Outlook
11 Feb 20165 min read

BP releases 2016 Energy Outlook

According to the 2016 BP Energy Outlook, global demand for energy is expected to increase by 34% between 2014 and 2035.

American Gilsonite names new CEO
10 Feb 20162 min read

American Gilsonite names new CEO

American Gilsonite Company Inc. has announced the appointment of David G. Gallagher as President and CEO, effective immediately.

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