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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.

Chevron finds gas in Satyr-2 exploration well
20 Sept 20121 min read

Chevron finds gas in Satyr-2 exploration well

Chevron Corp. has confirmed the discovery of gas in the Satyr-2 exploration well in the Carnarvon Basin.

Chevron acquires Permian Basin shale acreage
13 Sept 20121 min read

Chevron acquires Permian Basin shale acreage

Chevron USA has bought 246,000 acres of shake gas acreage from Chesapeake in the Permian Basin in New Mexico.

Repsol makes gas discovery in Peru
7 Sept 20121 min read

Repsol makes gas discovery in Peru

Repsol has made a new gas discovery in block 57 in Peru.

Brazil leads the parade
31 Aug 20129 min read

Brazil leads the parade

Latin America’s oil and gas sector has something to celebrate, reports Gordon Cope.

Hurricane Isaac makes landfall; impact on oil industry subdued
29 Aug 20121 min read

Hurricane Isaac makes landfall; impact on oil industry subdued

Category 1 Hurricane Isaac has made landfall in Southeast Louisiana: impact on oil prices expected to be subdued.

Shell asks for drilling deadline extension
28 Aug 20121 min read

Shell asks for drilling deadline extension

Shell has requested two extra weeks of drilling time as delays continue to set the company’s Arctic programme back.

BP hits gas in Nile Delta
28 Aug 20121 min read

BP hits gas in Nile Delta

BP has discovered natural gas deposits in two wells in the North El Burg Offshore Concession in Egypt.

West Africa sees oil and gas boom in offshore areas
23 Aug 20123 min read

West Africa sees oil and gas boom in offshore areas

West Africa is one of the leading areas in the world for deepwater offshore exploration, with Nigeria and Angola the largest producers in the region.

ConocoPhillips Sells Interest in Russian Joint Venture NaryanMarNefteGaz
23 Aug 20121 min read

ConocoPhillips Sells Interest in Russian Joint Venture NaryanMarNefteGaz

ConocoPhillips has sold its share in NaryanMarNefteGaz to Lukoil as part of its divestment programme.

Woodside has half year profits of US$ 812 million
22 Aug 20122 min read

Woodside has half year profits of US$ 812 million

Woodside Petroleum has reported half-year profits of US$ 812 million as a result of the Pluto LNG start up, higher commodity prices and greater revenue from the Vincent North West Shelf Oil.

Petro SA to explore Block offshore South Africa with Cairn India
20 Aug 20122 min read

Petro SA to explore Block offshore South Africa with Cairn India

Petro SA and Cairn India have signed a farm in agreement for the offshore Block 1 off the west coast of South Africa.

Chimera Energy looks to Mexico for further shale exploration
16 Aug 20122 min read

Chimera Energy looks to Mexico for further shale exploration

Chimera Energy and PEMEX have been holding meetings about possible shale exploration in the Chiconpontec Formation using the company’s non-hydraulic extraction method.

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