JOURNAL ARTICLE

HIGH-IMPACT EXPLORATION SURGES BUT SUPPLY GLUT PROGNOSES REMAIN: After several years of historically low investment and drilling, the global oil and gas upstream sector is showing signs of renewed exploration activity.

  • Published In: Petroleum Australia, 2026, v. 9, n. 31. P. 58 1 of 3

  • Database: Applied Science & Technology Source Ultimate 2 of 3

  • Authored By: Erkan, Berkay 3 of 3

Abstract

The article focuses on the cautious resurgence of the global upstream oil and gas sector as companies prioritize selective, high-impact exploration over broad-based drilling programs. Topics include the strategic shift toward ultra-deepwater and frontier regions in Africa and Asia to secure large-scale resource bases and the role of advanced seismic technology and artificial intelligence in accelerating discovery timelines.

Additional Information

  • Source:Petroleum Australia. 2026/03, Vol. 9, Issue 31, p58
  • Document Type:Article
  • Subject Area:Mining and Mineral Resources
  • Publication Date:2026
  • Accession Number:192077770

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