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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.

Polarcus secures marine seismic acquistion project In Australia
25 Oct 20191 min read

Polarcus secures marine seismic acquistion project In Australia

The project will last approximately 1 month and commence in 1Q20.

OMV Norge AS completing drilling of appraisal well near Morvin field
25 Oct 20192 min read

OMV Norge AS completing drilling of appraisal well near Morvin field

Prior to the drilling of well 6506/11-11 S, the operator’s resource estimate for the discovery was between 3 and 21 million m3 of recoverable oil equivalents.

Empire Energy provides update on Northern Territory seismic programme
24 Oct 20192 min read

Empire Energy provides update on Northern Territory seismic programme

The 2D seismic acquisition programme in the Beetaloo Sub-basin in Australia's Northern Territory is expected to take 3 weeks to complete, after which the data will be processed.

Lukoil signs MoU for hydrocarbon exploration and production with Equatorial Guinea
24 Oct 20191 min read

Lukoil signs MoU for hydrocarbon exploration and production with Equatorial Guinea

The agreement was made at the Russia-Africa summit in Sochi, Russia.

GlobalData: South America and Europe led globally with highest number of oil and gas discoveries in 3Q19
23 Oct 20192 min read

GlobalData: South America and Europe led globally with highest number of oil and gas discoveries in 3Q19

GlobalData identified Asia and Africa to be the second highest among the regions.

Aker BP releases 3Q19 results
23 Oct 20193 min read

Aker BP releases 3Q19 results

Aker BP has reported total income of US$723 (785) million and operating profit of US$196 (354) million for 3Q19.

PGS releases data from Angola seismic survey
23 Oct 20191 min read

PGS releases data from Angola seismic survey

The company has collected beam migrated data from the shallow-water shelf blocks of the Kwanza Basin.

VAALCO Energy confirms oil discovery offshore Gabon
21 Oct 20192 min read

VAALCO Energy confirms oil discovery offshore Gabon

The Etame field offshore Gabon was successfully drilled to a total depth of 10 260 ft and encountered both Gamba and Dentale oil sands.

Discovery made at Tolmount East
17 Oct 20192 min read

Discovery made at Tolmount East

The well in the UK Southern Gas Basin was targeting 220 billion ft3 of P50 gross resource, in an undrilled area 4 km east of the 500 billion ft3 Tolmount gas field.

ONGC Videsh makes discoveries in Brazil and Colombia
16 Oct 20192 min read

ONGC Videsh makes discoveries in Brazil and Colombia

ONGC's overseas explorer has recorded a gas discovery in Brazil's Sergipe Alagoas Basin and an oil discovery in Colombia's Llanos Basin.

17 companies now qualified to participate in Brazil's 6th Production Sharing Round
16 Oct 20191 min read

17 companies now qualified to participate in Brazil's 6th Production Sharing Round

The total number of registrants is a record for bids in the production sharing regime, surpassing the 16 qualified for the 4th Production Sharing Round, held last year.

New gas discovery made in Otway Basin
15 Oct 20191 min read

New gas discovery made in Otway Basin

A gross gas column of 44.5 m, with an estimated net pay thickness of 25 m, has been identified in the Dombey-1DW1 exploration well with an interpreted gas-water contact in the reservoir.

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