Based in Mexico, Talos Energy LLC (Talos) is an independent oil and natural gas company keen on exploration, advancement, and acquisition of oil and gas properties with its attention on the Gulf coast and the Gulf of Mexico. Talos gets its support from investment funds through affiliations with the Riverstone Holdings LLC, Apollo Global Management, LLC (NYSE: APO), and Talos management.
Talos Energy has been successful in the expansion of the acreage positions in two shallow exploration blocks seen through by Talos technical and operational experts. Talos has been recently involved in the activities of the newly discovered Zama 1 exploration well. I will briefly discuss how Talos participation influences the future of the Mexican offshore and read full article.
Talos Energy LLC (Talos or the companies) holds 35% involvement in the recently discovered oil in Zama 1 exploration well. Together with its partners who are the Premier oil plc(‘premier’) and Sierra oil and gas, Talos is excited to establish the new project and generate new opportunities in that line. Being that Zama 1 is the first offshore exploration well to be drilled by a private sector; it is significantly relevant as it is both a significant finding and a historical event.
Zama 1 exploration well discovery might have been just what the energy reforms intended to deliver. Talos Energy and Partner Company make these changes a possible near future achievement. Should they meet their goals; the project will create new jobs for the locals and increase government revenue for Mexico. The company has already set up a protective liner for the discovered well before further drilling commencement and what Talos Energy knows.
However, there have not been any further plans for the immediate testing of the reservoirs. More evaluation will be necessary for determining the future of the well. These activities will be actively carried out by Talos Energy LLC and the partnering companies. The private sector has been fortunate to be taking up the project. They must see to it that all important avenues which benefit both the public and the company exploitation to maximum potential and Talos Energy’s lacrosse camp.
More Visit: https://www.facebook.com/talos.energy/