Exploration

News
September 29, 2025
TAY Oil Services and Polaris have commissioned a major onshore seismic survey for AGOCO in Libya’s Concession 57, deploying 40,000 STRYDE seismic nodes across 1,480 km². The project marks North Africa’s largest nodal seismic acquisition to date.
News
September 19, 2025
Colombia’s Ecopetrol is seeking oil and gas deals in Brazil, with a focus on Petrobras’s Bahia Terra onshore cluster and other exploration opportunities in the Potiguar and Reconcavo basins.
News
September 18, 2025
ARGAS has become the first company to deploy STRYDE’s nodal seismic technology in Egypt, acquiring 30,000 Range+ nodes and the Nimble system for a large 2D survey. The move marks a breakthrough in onshore seismic acquisition.
News
June 23, 2025
Petro-Victory Energy Corp., an oil and gas E&P company focused on onshore Brazil, has commenced its fully-funded drilling campaign of the AND-5 well at the Andorinha Field located in the Potiguar basin, Rio Grande do Norte, Brazil.
News
June 03, 2025
Getech Group and STRYDE have jointly announced the launch of a new high impact targeting and exploration service designed to help energy and natural resource companies explore faster and more effectively, while reducing exploration risk and cost. 
Article
December 2024
In the arena of hydrocarbon exploration, precision and speed are paramount, especially when dealing with complex geological structures in ever-changing, geopolitically challenging environments like Ukraine.  
News
December 17, 2024
Petro-Victory Energy Corp. has announced the signature of an exclusivity agreement with Brava Energia S.A. for the potential acquisition of 13 oil-producing fields in Rio Grande do Norte, Potiguar Basin.
News
November 19, 2024
LandBridge today announced it has entered into a purchase and sale agreement to acquire approximately 46,000 largely contiguous surface acres in the Southern Delaware basin. The land is well-positioned at a strategic intersection of oil and natural gas exploration and transportation.
News
November 08, 2024
(Bloomberg) – Oil driller Perenco S.A., owned by the billionaire Perrodo family, will concentrate three quarters of its $2 billion investments next year in a handful of African countries as part of a strategy that includes more gas projects.
News
November 05, 2024
(Bloomberg) – Libya is planning its first tender for energy exploration contracts since 2011’s civil war, as the OPEC member looks to bring back oil majors spooked by years of instability and production shutdowns.
News
October 24, 2024
(WO) — In partnership with a Calgary-based private operator, Epsilon will earn a 25% working interest in undeveloped lands, covering approx. 150,000 gross total acres in the Mannville and Upper Viking formations and targeting horizontal drilling of oil wells
News
October 22, 2024
(WO) — As part of an ongoing joint venture with LGX Energy, Black Gold Exploration has added 822 acres to the package of oil, gas and mineral leases in Indiana, U.S., where LGX is actively involved in exploration and production.
News
October 18, 2024
SLB has announced a definitive agreement to sell its interests in the Palliser Block located in Alberta, Canada. The block consists of oil and gas wells, surface facilities, a pipeline network and certain oil and gas development rights.
News
September 27, 2024
The Onshore Block 2, located within the Al Dhafra region of Abu Dhabi covering an area of over 7300 km2, is PETRONAS Abu Dhabi’s third concession, following the Unconventional Block 5 in 2024 and the Unconventional Block 1 in 2022.
News
September 05, 2024
Following the completion of the interpretation of the CB23 seismic survey data and a review of prospectivity in the eastern Cabora Bassa basin, eight key prospects have been defined in the company’s Exclusive Prospecting Orders (EPOs) 1848 and 1849, totaling 2.9 Tcfg and 184 MMbbl condensate.
News
August 23, 2024
Haitian-American oil tycoon Emmanuel Fritz Paret, CEO of Paret Mining LLC, has acquired a 10,000-acre oil reserve in Bowling Green, Kentucky.
News
August 16, 2024
Autry Stephens, the petroleum engineer raised on a Texas peanut and watermelon farm who became the richest U.S. oilman, has died. He was 86.
News
August 16, 2024
MOL Pakistan has announced three new gas discoveries in the TAL Block through the Razgir-1 exploratory well.
News
August 12, 2024
Gran Tierra has successfully drilled five exploration wells in Ecuador, each leading to an oil discovery. Three of these five wells are drawing medium to light hydrocarbons from distinct geological zones, highlighting the exceptional potential of the Oriente and Putumayo basins and the significant exploration opportunities that remain within both the Charapa and Chanangue Blocks.
News
August 05, 2024
Countries like Angola, Mozambique, Uganda and Tanzania are opening up new exploration frontiers, presenting attractive farm-in opportunities for independents like ReconAfrica. The oil reserves in Uganda’s portion of the Lake Albert basin, particularly in the Albertine Graben, are estimated at around 6.5 Bbbl, indicating promising prospects within the onshore region.
News
July 26, 2024
TotalEnergies sold its stake in 18 Nigerian onshore oil licenses to Chappal Energies. This reflects a trend of junior explorers and African national oil companies acquiring onshore assets as global majors focus on offshore projects.
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