Talos Sees 'Immaterial' Impact in Q4 from Gulf of Mexico Oil Spill

Published

Crude oil is seen during an overflight near Main Pass, La., November 16, 2023. (Photo courtesy Main Pass Oil Gathering Company, LLC / U.S. Coast Guard)
Crude oil is seen during an overflight near Main Pass, La., November 16, 2023. (Photo courtesy Main Pass Oil Gathering Company, LLC / U.S. Coast Guard)

U.S. oil and gas producer Talos Energy said on Thursday it expects the impact related to the Main Pass Oil Gathering pipeline shut-in following an oil spill to be immaterial to its fourth-quarter results.

The oil spill was first observed on Nov. 16 around 19 miles (30 km) offshore the Mississippi River delta, shutting in around 89 miles of underwater pipelines and around 3% of the Gulf of Mexico's daily crude oil output.

Talos said it anticipates first production for its Venice and Lime Rock wells ahead of schedule by the end of this year.

The company also reaffirmed its fourth-quarter production forecast in the range of 66,500-68,5000 barrels of oil equivalent per day.


(Reuters - Reporting by Sourasis Bose; Editing by Shilpi Majumdar)

Current News

Seadrill Awarded Contract in the U.S. Gulf and Angola

Seadrill Awarded Contract in t

Odyssey Marine Exploration Request for Offshore Mineral Lease Sale Advances

Odyssey Marine Exploration Req

Technip Energies Gets On Board Thailand’s First CCS Project

Technip Energies Gets On Board

Jan De Nul Wraps Up Cable Installation Job for TenneT’s DolWin Platform

Jan De Nul Wraps Up Cable Inst

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine