MEXICO CITY, MEXICO (By Fidencio Casillas, Editores Latin Petroleum, 3.Nov.2026, Words: 167) — Offshore Mexico, Talos Energy and partners expect to progress the block 29 project toward a final investment decision (FID) sometime in 2027.
COMMENTARY: MEXICO’S ENERGY SECTOR OPPORTUNITIES AMID UNCERTAINTIES
This, after Talos announced a farm-in transaction in the third quarter 2026 into the block, a Repsol-operated pre-FID development located in the Salinas-Sureste Basin in the southern Gulf of Mexico.
ALSO READ: TALOS INKS STRATEGIC OFFSHORE MEXICO DEVELOPMENT FARM-IN WITH REPSOL
Upon closing, Talos will hold a 50% working interest alongside Repsol, the US-based company said on 3 Nov. 2026 in an official statement.
Block 29 contains the Polok and Chinwol oil discoveries, which together are estimated to contain more than 200 MMBOE of gross recoverable resource, with a further 200 MMBOE of estimated gross resource potential across multiple on-block exploration prospects.
____________________
By Fidencio Casillas reporting from Mexico City. © 1999-2026 Energy Analytics Institute (EAI) and its 100% owned Venezuelan affiliate Editores Latin Petroleum CA. All Rights Reserved.
