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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 news

Exploration news

Browse the latest exploration news news and articles.

Liberia licence round pre-qualification deadline extended
11 Nov 20202 min read

Liberia licence round pre-qualification deadline extended

The Government of Liberia has announced an extension of the timeframe for the Liberia License Round, 2020.

ConocoPhillips discovers gas southwest of Skarv field
11 Nov 20202 min read

ConocoPhillips discovers gas southwest of Skarv field

Preliminary estimates place the size of the discovery between 8 and 30 million m³ of recoverable oil equivalent.

Beach Energy makes gas discovery in Otway Basin
10 Nov 20203 min read

Beach Energy makes gas discovery in Otway Basin

Beach Energy has announced a gas discovery at Enterprise 1 in licence VIC/P42(V) in the nearshore Victorian Otway Basin.

Seabed Geosolutions awarded two 4D OBN surveys in Brazil
10 Nov 20201 min read

Seabed Geosolutions awarded two 4D OBN surveys in Brazil

The total combined duration of the two surveys, awarded by Petrobras, is estimated around eight months.

Drilling of Ironbark-1 exploration well begins
2 Nov 20202 min read

Drilling of Ironbark-1 exploration well begins

Ironbark-1 will test the giant Ironbark gas prospect, which has a best estimate of 15 trillion ft3 prospective recoverable gas resource.

Equinor makes minor gas discovery near Maria field
2 Nov 20202 min read

Equinor makes minor gas discovery near Maria field

Preliminary estimates place the size of the discovery between 0.5 and 1.6 million m3 of recoverable oil equivalent.

TGS releases 3Q20 results
30 Oct 20202 min read

TGS releases 3Q20 results

The company's operating result for the third quarter was US$-27.9 million, compared to US$102.5 million last year.

BP and Equinor make discoveries offshore Newfoundland
29 Oct 20201 min read

BP and Equinor make discoveries offshore Newfoundland

Two wells at the Cappahayden and Cambriol prospects, drilled this summer in the Flemish Pass Basin, have proven the presence of hydrocarbons.

Impact Oil & Gas acquires exploration assets from ExxonMobil and Equinor
28 Oct 20202 min read

Impact Oil & Gas acquires exploration assets from ExxonMobil and Equinor

Impact has acquired ExxonMobil and Equinor's interests in the Transkei & Algoa Exploration Right and the Tugela South Exploration Right, offshore South Africa.

Total makes 'significant' gas condensate discovery offshore South Africa
28 Oct 20201 min read

Total makes 'significant' gas condensate discovery offshore South Africa

Drilling at the Luiperd well has encountered 73 m of net gas condensate pay in well-developed good quality Lower Cretaceous reservoirs.

Neptune Energy makes discovery near Fenja field
28 Oct 20202 min read

Neptune Energy makes discovery near Fenja field

The estimate for the new oil discovery is between 0.5 and 3.2 million m3 of recoverable oil equivalent.

CGG preparing for second phase of Nebula 3D survey
27 Oct 20202 min read

CGG preparing for second phase of Nebula 3D survey

CGG is preparing for Phase II of its Nebula 3D survey in the Campos and Santos Basins offshore Brazil.

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