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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.

Rystad Energy: royalty exemptions could save US E&Ps from bankruptcies
21 May 20204 min read

Rystad Energy: royalty exemptions could save US E&Ps from bankruptcies

Despite the recent relative oil price recovery, dozens of US operators are still threatened by bankruptcies even at a WTI oil price of US$30/bbl, according to Rystad Energy.

Neptune Energy completes seismic survey offshore Australia
21 May 20202 min read

Neptune Energy completes seismic survey offshore Australia

The survey took place in the Petrel field, located in the Bonaparte Basin.

TGS expands northwest Europe facies map browser
20 May 20202 min read

TGS expands northwest Europe facies map browser

Version 4.5.0 of the facies map browser allows users to expand their subsurface knowledge of these regions of exploration.

PGS to carry out surveys offshore eastern Canada this summer
18 May 20202 min read

PGS to carry out surveys offshore eastern Canada this summer

The three surveys will cover approximately 10 000 km2 offshore Labrador and Newfoundland, Canada.

Qatar Petroleum acquires interests in Ivory Coast exploration blocks
18 May 20201 min read

Qatar Petroleum acquires interests in Ivory Coast exploration blocks

Qatar Petroleum has entered into a farm-in agreement with Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano Basin.

Shearwater to carry out North Sea 4D survey for Apache
18 May 20201 min read

Shearwater to carry out North Sea 4D survey for Apache

The survey will be carried out in the Forties field by the Amazon Warrior.

Equinor drills dry well near Fram field
18 May 20201 min read

Equinor drills dry well near Fram field

Well 35/10-6, in production licence 827 S, has been permanently plugged and abandoned.

TDI-Brooks completes multibeam phase offshore Nigeria
15 May 20202 min read

TDI-Brooks completes multibeam phase offshore Nigeria

The survey took place in water depths of 750 to 3500 m and is Nigeria’s first regional multi-client multibeam and seafloor sampling (MB&SS) study.

Queensland opens new gas acreage
14 May 20201 min read

Queensland opens new gas acreage

12 prospective parcels of land will be opened for tender across Queensland’s resource-rich Bowen and Surat basins between Blackwater and Goondiwindi.

Somalia launches first offshore licensing round
14 May 20201 min read

Somalia launches first offshore licensing round

The 2020 Somali licensing round – launched virtually due to Covid-19 – features up to 7 blocks up for bidding.

Rosgeo to carry out seismic exploration in Equatorial Guinea
13 May 20202 min read

Rosgeo to carry out seismic exploration in Equatorial Guinea

Rosgeo and the Ministry of Mines and Hydrocarbons of Equatorial Guinea have signed two services contracts for the initial phase of seismic acquisition in the Rio Muni area.

Spirit Energy given drilling permit by NPD
13 May 20201 min read

Spirit Energy given drilling permit by NPD

The drilling programme for well 7321/8-2 S relates to the drilling of a wildcat well in production licence 719.

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