Exploration

We’re leaders in working in extremely difficult environments, and we have major operations in some of the world’s most important oil and gas regions. Our Upstream business combines innovation and the effective use of technology to maximize mature fields, discover new resources and meet the world’s growing demand for energy. Through targeted investments and a consistent focus on operational excellence, we are developing the next generation of legacy producers.

Exploration is essential to our business. Our focus areas are in Russia, South America, Africa and Middle East. In 2021, we plan to drill 25 exploration and appraisal wells worldwide. Our technological capabilities are constantly evolving to meet new challenges and play a pivotal role in bringing new resource opportunities and proved reserves into production through major capital projects. Our robust project portfolio is poised to bring significant new resources to global markets.

Our robust project portfolio is poised to bring significant new resources to global markets.

Our portfolio spans across all forms of energy, and we have a presence in most of the world’s key basins. Exploring and producing in each of these regions offers exciting opportunities to meet tomorrow’s complex energy challenges.