CARACAS, VENEZUELA (By Energy Analytics Institute, 27.Jul.2026, Words: 425) — The following briefs span company details on Expand Energy Corporation, Twin Eagle, Sempra Infrastructure, Talos Energy, Repsol, Transport Credit Guarantee Fund (Fongat) and Bladex, among others. The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) […]
Tag: Talos Energy
Talos inks strategic offshore Mexico development farm-in with Repsol
HOUSTON, TEXAS (By Talos, 27.Jul.2026, Words: 476) — Talos Energy Inc. announced execution of a definitive agreement to farm into the block 29 development offshore Mexico, operated by Repsol, S.A. Talos will acquire a 50% working interest for a contingent $30mn payment at final investment decision (FID), a cash carry […]
Talos prices offering of $800mn of second-priority senior secured notes due 2034
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 1.Jul.2026, Works: 291) — Talos Production Inc., a wholly owned subsidiary of Talos Energy Inc., priced an offering of $800mn in aggregate principal amount of new 8.000% second-priority senior secured notes due 2034. The offering is expected to close on or about […]
Talos: Zama focus is around completing engineering, paving the way for “FID”
MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 24.Feb.2026, Words: 191) — Harbour Energy plc was named operator of the Zama project offshore Mexico in Dec. 2025. Per the agreement, Talos Energy retains the right to appoint key personnel to the project team. RELATED: HARBOUR ON ZAMA DEVELOPMENT PLAN, FPSO OPTIONS AND […]
Short analysis: Pemex’ liquid production goals rely on Trion and Zama
MEXICO CITY, MEXICO (By Fidencio Casillas, Energy Analytics Institute, 18.Dec.2025, Words: 300) — As part of a strategic 2025-2035 plan aimed at operational continuity and financial planning, PetrĂłleos Mexicanos (Pemex) looks to guarantee its economic viability in the short, medium and long term. This, under a comprehensive approach of sustainability, […]
Daenerys discovery a game-changer for Talos in GoA: Wood Mackenzie
LONDON/HOUSTON/SINGAPORE (By WoodMac,25.Aug.2025, Words: 499) — Addressing Talos Energy’s announced discovery at the Daenerys prospect in the Walker Ridge protraction area of the deepwater Gulf of America/Mexico (GoA), said Miles Sasser, senior research analyst, upstream for Wood Mackenzie said, “For Talos, the discovery is a game-changer. The company’s GoA portfolio […]
Talos announces successful exploration results at Daenerys prospect
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 19.Aug.2025, Words: 262) — Talos Energy Inc. reported successful drilling results at the Daenerys exploration prospect located in the US Gulf of America Walker Ridge blocks 106, 107, 150, and 151. The discovery well was drilled to a total vertical depth […]
Talos supports corporate strategy with key additions to executive leadership team
HOUSTON, TEXAS (By Editors at Energy Analytics Institute, 14.Aug.2025, Words: 527) — Talos Energy Inc. announced key additions to its executive leadership team in support of its corporate strategy to further drive the company’s offshore leadership position. Talos has appointed Zachary B. Dailey as executive vice president and chief financial officer […]
Talos reveals enhanced strategy, targets $100mn in increased annualized CF
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 17.Jun.2025, Words: 410) — Talos Energy Inc. announced its enhanced corporate strategy designed to position the Houston-based company as a leading pure-play offshore exploration and production company. “Upon joining the company at the beginning of March, the team and I embarked on […]
Talos boasts hedges to assure execution of 2025 Capex
BATON ROUGE, LOUISIANA (Steve Stewart, Energy Analytics Institute, 5.May.2025) — Talos Energy has hedged around 42% of the balance of its 2025 crude oil production — mid-point of its guidance of 90-95 thousand barrels of oil equivalent per day (Mboe/d) — at prices over $72 per barrel. The hedges aim […]
Pemex guarantees production from 2025-2030 with Trion, Zama, other projects
HOUSTON, TEXAS (By Pietro D. Pitts and Fidencio Casillas, Energy Analytics Institute, 15.Feb.2025, Words: 1,400) — State-owned PetrĂłleos Mexicanos‘ overall work plan during 2025-2030 includes guaranteeing greater crude oil and natural gas production as well as the supply of fuels (gasoline), petrochemicals and fertilizers, Mexico’s Energy Secretariat (Sener) Luz Elena […]
Talos finds commercial hydrocarbon quantities at Katmai West #2 in the US GOM
BATON ROUGE, LOUISIANA (BY Steve Stewart, Energy Analytics Institute, 15.Jan.2025, Words: 401) — Houston-based Talos Energy Inc. said the Katmai West #2 well located in the Ewing Bank area of the US Gulf of Mexico (GOM) successfully encountered commercial quantities of crude oil and natural gas. Katmai West #2 well […]
Talos Energy Interim President and CEO Joseph Mills Resigns with Immediate Effect
(Steve Stewart, Energy Analytics Institute, 6.Jan.2025) — Talos Energy Inc. interim president, CEO and Board member Joseph A. Mills resigned to pursue other opportunities, with immediate effect. Talos said Mills’s departure is “unrelated to any operational issues or accounting matters,” the company announced 6 Jan. 2025 in an official statement. […]
Talos Energy divests additional interest in Zama to Carlos Slim’s Grupo Carso
HOUSTON, TEXAS (By Pietro D. Pitts, Energy Analytics Institute, 17.Dec.2024, Words: 368) — Talos Energy Inc. and its Mexican subsidiary Talos Mexico announced the sale of an additional 30.1% interest in Talos Mexico to Zamajal, S. A. de C.V., an entity owned 90% by Grupo Carso, S.A.B. de C.V. and […]
Commentary: Mexico’s energy sector opportunities amid uncertainties
MEXICO CITY, MEXICO (By Pietro D. Pitts, Energy Analytics Institute, 17.Dec.2024, Words: 2,164) — International oil companies (IOCs) in Mexico’s oil and gas sector have good reason to take a seemingly wait-and-see attitude. This, after Morena Party’s Claudia Sheinbaum Pardo won the country’s presidential elections earlier this year and as […]
Talos Adopts Limited Duration Stockholder Rights Plan
(Talos, 1.Oct.2024) — Talos Energy Inc. announced that its Board of Directors has adopted a limited duration stockholder rights plan (the “Rights Plan”). The Rights Plan is effective immediately and will expire on 1 Oct. 2025, unless approved by Talos stockholders at the company’s next Annual Meeting. The Board may […]
Talos Energy Publishes Annual Sustainability Report
(Tales, 17.Sep.2024) — Talos Energy Inc. published its fifth annual Sustainability Report for the 2023 calendar year. The report highlights Talos’s continued commitment to transparency, emissions reduction efforts, and sustainability and governance improvements across its growing exploration and production business in the Gulf of Mexico. Talos’s report was developed with reference to […]
Talos Reveals Organizational Changes
(Talos Energy, 25.Apr.2024) — Talos Energy Inc. (NYSE: TALO) announced updates to its organization that support Talos’s growth and strategic priorities and the recently closed QuarterNorth Energy Inc. acquisition. Sergio Maiworm, who joined Talos in 2018, was promoted to Executive Vice President and will continue to serve as Chief Financial […]
Mexico’s Zama Project Undergoing Changes in Engineering Design
(Offshore staff, 12.Mar.2024) — The Zama offshore oilfield development project operated by state company Pemex has been “delayed for the right reasons,” according to Talos Energy Chief Executive Tim Duncan. Duncan said that the delay will allow needed changes to the engineering design that will enable the project to move […]
Talos Announces Pricing of Two Upsized OfferingsÂ
(Talos, 25.Jan.2024) — Talos Energy Inc. (NYSE: TALO) announced that its wholly owned subsidiary Talos Production Inc. priced an upsized offering of $625mn in aggregate principal amount of new 9.000% Second-Priority Senior Secured Notes due 2029 and $625mn in aggregate principal amount of new 9.375% Second-Priority Senior Secured Notes due […]
Talos Reveals Commencement of Underwritten Public Offering
(Talos, 17.Jan.2024) — Talos Energy Inc. (NYSE: TALO)  commenced an underwritten public offering of $300mn of shares of its common stock, par value $0.01 per share. The company expects to grant the underwriters a 30-day option to purchase $45mn of additional shares of its common stock. The company intends to use the net proceeds from this […]
Talos Announces Strategic $1.3bn Acquisition of QuarterNorth
(Talos, 15.Jan.2024) — Talos Energy Inc. (NYSE: TALO) announced the execution of definitive agreements to acquire QuarterNorth Energy Inc. for $1.29bn (the “Transaction”). QuarterNorth is a privately-held U.S. Gulf of Mexico exploration and production company with ownership in several prolific offshore fields. QuarterNorth’s assets will provide additional scale from high […]
Talos Starts Production at Lime Rock and Venice GOM Discoveries
(Talos, 3.Jan.2024) — Talos Energy Inc. (NYSE: TALO) has successfully started oil and natural gas production at Talos’s Lime Rock and Venice discoveries, located near its 100% owned and operated Ram Powell platform in the U.S. Gulf of Mexico. Talos owns a 60% working interest in both wells. The Lime Rock and Venice wells were brought […]
Talos Energy Provides Operational Updates
(Energy Analytics Institute, 7.Dec.2023) — Talos Energy Inc. (NYSE: TALO) provided operational updates related to its operations in the Gulf of Mexico and first production from its Venice and Lime Rock finds. First, Talos expects the impact related to the Main Pass Oil Gathering pipeline shut-in to be immaterial to its […]
Talos Energy Completes Mexico Transaction with Grupo Carso
(Talos, 27.Sep.2023) — Talos Energy Inc. (NYSE: TALO) and its Mexican subsidiary Talos Mexico announced the closing of the sale of a 49.9% interest in Talos Mexico to Zamajal, S. A. de C.V., a wholly-owned subsidiary of Grupo Carso, a company controlled by the family of the Mexican billionaire Carlos […]
Equinor Acquires Stake in Bayou Bend CCS Project
(Equinor, 28.Aug.2023) — Equinor has acquired a 25% interest in Bayou Bend CCS LLC, positioned to be one of the largest US carbon capture and storage projects located along the Gulf Coast in Southeast Texas. “Commercial CCS solutions are critical for hard-to-abate industries to meet their climate ambitions while maintaining […]
Talos Energy Reveals 2Q:23 Operational and Financial Results
(Talos, 8.Aug.2023) — Talos Energy Inc. (NYSE: TALO) announced its operational and financial results for fiscal quarter ended June 30, 2023. Key Highlights: Drilled a successful commercial discovery at the Talos-operated Sunspear prospect.Announced a transaction with Grupo Carso, selling a 49.9% interest in Talos Energy Mexico 7, S. de R.L. de C.V. (“Talos […]
Talos Energy announces Mexico transaction, including stake in Zama
MEXICO CITY, MEXICO (Fidencio Casillas, Energy Analytics Institute, 25.May.2023, Words: 337) — Talos Energy Inc. announced that Zamajal, S. A. de C.V., a wholly owned subsidiary of Grupo Carso, agreed to acquire a 49.9% interest in Talos’s Mexican subsidiary (Talos Mexico), which holds the company’s 17.4% interest in Zama. Carso […]
Talos Energy Completes Acquisition of EnVen Energy Corporation
(Talos, 13.Feb.2023) — Talos Energy Inc. (NYSE: TALO) announced the completion of its previously announced acquisition of EnVen Energy Corporation. The company expects to provide 2023 financial and operational guidance for the combined company to investors concurrently with the fourth quarter and full year 2022 earnings press release to be issued on Tuesday, […]
Talos Achieves Successful Results from Lime Rock and Venice Prospects
(Talos, 3.Jan.2023) — Talos Energy Inc. (NYSE: TALO) today announced that the company’s Lime Rock and Venice prospects both successfully discovered commercial quantities of oil and natural gas during sequential drilling operations in the fourth quarter of 2022. Talos holds a 60% working interest in the two deepwater discoveries, both of which are […]
Talos Successfully Completes Fall Borrowing Base Redetermination
(Talos, 27.Dec.2022) — Talos Energy Inc. (NYSE: TALO) announced that its current borrowing base was reaffirmed at $1.1bn as part of its semi-annual redetermination process for the fall of 2022. Effective upon closing of the previously announced acquisition of EnVen Energy Corporation, which is expected by early February of 2023, the xompany’s borrowing […]
Mexico Closer to Striking a Deal over Major Offshore Oil Find
(Reuters, 3.Jun.2022) — The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on Friday. The handling of Zama, a deposit holding some 900 million barrels and located offshore in the southern Gulf of […]
Mexico Close to Agreement with Talos Energy on Zama Project
(Reuters, 3.Jun.2022) — The Mexican government is close to reaching a deal with U.S.-based Talos Energy over the future of a potentially lucrative shared crude discovery, the president said on June 3. The handling of Zama, a deposit holding some 900 million barrels and located offshore in the southern Gulf […]
Talos Energy To Host Analyst & Investor Day
(Talos, 24.May.2022) — Talos Energy Inc. (NYSE: TALO) will host its first-ever analyst and investor day today at 2:00 PM Eastern Time (1:00 PM Central Time). A live webcast of the event will be available on the company’s recently updated and relaunched corporate website at https://www.talosenergy.com/investor-relations/events-calendar/. Please allow extra time to […]
Talos Energy Reveals 1Q:22 Results, Increases Borrowing Base
(Talos, 4.May.2022) — Talos Energy Inc. (NYSE: TALO) announced its operational and financial results for the first quarter of 2022 and the increase of its borrowing base under the company’s reserves-based lending (“RBL”) credit facility as part of its semi-annual redetermination process. Key Highlights: Production of 63.2 thousand barrels of oil […]
NRGBriefs: TechnipFMC Updates on Mero 1 Project Activities
(Energy Analytics Institute, 8.Apr.2022) — Energy briefs including TechnipFMC saying its spoolbase at Açu Port, Rio de Janeiro has carried out its first rigid pipes spooling operation, as part of the Mero 1 project (FPSO Guanabara), located in the Mero field, Santos Basin offshore Brazil; Silver Viper Minerals Corp. (TSXV: VIPR) […]
Talos Reveals Finalization of the Zama Unitization Process
(Talos, 28.Mar.2022) — Talos Energy Inc. (NYSE: TALO) has received the final Unitization Resolution (“UR”) from Mexico’s Ministry of Energy (SENER) regarding the development of the Zama field in offshore Mexico. Among other things, the UR affirms the appointment of PetrĂłleos Mexicanos (Pemex) as operator of the unit. Unitization of […]
Talos Energy Executes Texas GLO Carbon Capture Site Lease
(Talos Energy, 16.Mar.2022) — Talos Energy Inc. (NYSE: TALO) announced that Bayou Bend CCS LLC, Talos’s venture with Carbonvert, Inc., executed definitive lease documentation with the Texas General Land Office (“GLO”), formalizing the previously announced carbon capture and sequestration (“CCS”) site located offshore Jefferson County, Texas, near the Beaumont and Port Arthur, Texas industrial corridor. Talos […]
Talos and Howard Energy to Pursue CCS Ops with the Port of Corpus Christi
(Talos Energy, 28.Feb.2022) — Talos Energy Inc. (NYSE: TALO) and Howard Energy Partners (HEP) entered into an option agreement with the Port of Corpus Christi Authority to pursue commercial carbon capture and sequestration (CCS) opportunities on-site at the Port of Corpus Christi. The project will be known as the Coastal Bend Carbon Management […]
Talos Energy Reports 4Q:21 and YE:21 Results, Provides 2022 Guidance
(Talos Energy, 24.Feb.2022) — Talos Energy Inc. (NYSE: TALO) announced its operational and financial results for the fourth quarter and full year 2021. The company also announced its year-end 2021 reserves figures as well as 2022 operational and financial guidance. Fourth Quarter 2021 Highlights: Production of 68.7 thousand barrels of oil […]
Talos Energy and EnLink Midstream Complete Carbon Capture Solution
(Talos Energy, 15.Feb.2022) — Talos Energy Inc. (NYSE: TALO) and EnLink Midstream, LLC (NYSE: ENLC) have executed a memorandum of understanding to jointly develop a complete CO2 capture, transportation and sequestration solution for industrial-scale emitters in Louisiana. The joint service offering will be focused on the Mississippi River corridor from New Orleans to Baton Rouge, which is […]
Talos Energy Releases 2021 ESG Report
(Talos, 27.Dec.2021) — Talos Energy Inc. (NYSE: TALO) published its second annual environmental, social and governance (ESG) report to stakeholders, highlighting the company’s continued environmental, health and safety focus, positive impacts on communities and employees and solid governance practices. Talos has substantially increased the volume and quality of disclosures in this […]
NRGBriefs: Ecopetrol Fined for Caño Cacayal Contamination
(Energy Analytics Institute, 17.Dec.2021) — Energy briefs including Ecopetrol S.A. revealing the Sustainable Development Corporation of the Macarena Special Management Area CORMACARENA, through Resolution No. PS-GJ.1.2.6.21.2094 of 2021, imposed a fine of 20 monthly minimum wages to the co. due to the contamination of Caño Cacayal; Venezuela’s oil production set to […]
Seadrill Limited Provides 3Q:21 Market Update
(Seadrill, 29.Nov.2021) — Seadrill Limited (OSE: SDRL, OTCPK: SDRLF), a world leader in offshore drilling provides a market update for the third quarter of 2021. During the quarter, Seadrill continued to sign high-quality contracts contributing $145mn to backlog, reflecting the depth of its customer relationships. Total backlog as of 30 September 2021 stood at $2.1bn. […]
Talos And Freeport LNG to Develop CCS Project
(Talos, 15.Nov.2021) — Talos Energy Inc. (NYSE: TALO) and Freeport LNG Development, L.P. executed a letter of intent to develop a carbon capture and sequestration (CCS) project, the Freeport LNG CCS project (FLNG CCS), immediately adjacent to Freeport LNG’s natural gas pretreatment facilities located near Freeport, Texas, on the Gulf […]
NRGBriefs: Brazil Eyes Vaca Muerta Gas
(Energy Analytics Institute, 11.Oct.2021) — Energy briefs including Argentina looking to send Vaca Muerta gas to Brazil; US-based Talos Energy setting date for 3Q:21 conf. call; and more. LATIN AMERICA AND THE CARIBBEAN Brazil — Brazil’s Foreign Minister Carlos França expressed “enthusiasm” over a deal w/ Argentina to allow for […]
Pemex Halts Drilling At Valeriana
(By Platts, Sheky Espejo, 12.Aug.2021) — Mexico’s state oil company Pemex has stopped drilling Valeriana 1, a high-temperature high-pressure appraisal well located in the state of Tabasco, after new interpretation of seismic studies led to a drastic modification in the design of the wells, the National Hydrocarbons Commission said Aug. […]
LatAm briefs: ENRE fines, “Zama drama” in Mexico
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 9.Jul.2021, Words: 421) — Energy briefs from the Latin America and Caribbean region including: oil prices remaining above the $75/bbl mark, Argentina’s ENRE imposing fines on Edenor, an energy storage system in Barranquilla, and more. Oil Prices — As of 7 […]
Talos Energy Announces BODs Nomination
(Talos Energy, 27.Apr.2021) — Talos Energy Inc. announced the nomination of Paula R. Glover for election to the Talos Board of Directors. Formal voting and confirmation of the appointment will be completed as part of the Company’s Annual Meeting of Stockholders scheduled for 11 May 2021 at 10:00 AM Central […]
Sener To Decide On Zama Unitization
(Talos, 26.Mar.2021) — Talos Energy Inc. announced that the unitization process of the Zama field will enter its next phase, as established in Mexican regulation. The Mexican Ministry of Energy (“SENER”) is now required to propose finalized terms of a Unitization and Unit Operating Agreement (“UUOA”) based on international best […]