Mexican state oil firm Pemex has reached a preliminary agreement with a consortium led by Talos Energy to evaluate whether the group's find in the Gulf of Mexico extends into a neighboring Pemex block, the companies said in a statement on Thursday…
Premier Oil announced in its trading and operations update that it is working with joint venture partners Talos Energy (operator) and Sierra Oil & Gas to progress the appraisal program for the Zama-1 discovery in block 7 in the Sureste Basin offshore Tabasco…
Audrey Leon looks at some of 2017's 10 largest offshore discoveries. First published in the December 2017 OE. While exploration hasn’t been as hot as it used to be, the finds this year have been big and plentiful. Wood Mackenzie has provided the year’s 10 biggest finds by volume…
It’s a smaller, more focused exploration world as we start 2018. Elaine Maslin discusses the main themes for 2018 with Wood Mackenzie’s Andrew Latham (First published in the January 2018 OE, access full issue here). Deepwater is very…
How did global oil and gas exploration fare in 2017? It depends on who you ask. Photo from Maersk Drilling. Rystad Energy reported today (21 December) that 2017 was another record low year…
Global high-impact* exploration in 2017 is expected to match 2016 in both activity and success rates, and with a marked improvement in commercial oil volumes discovered and lower finding costs. High impact drilling commercial success…
Talos Energy's Zama-1 exploration well, which made the 'world class' Zama discovery, has failed to find further volumes in a deeper target. Zama-1 is being drilled in 166m water depth, in Block 7 in the Sureste Basin, about 37mi (60km) off Tabasco…
Talos Energy LLC and Stone Energy Corp. will merge in an all-stock deal, creating an exploration and production company with a significant acreage footprint in the deepwater US Gulf of Mexico and shallow waters offshore Mexico. The…
Talos Energy has completed its Tornado II exploration well and side track in the Phoenix field of the Green Canyon area of the Gulf of Mexico in about 2700ft water depth. The Tornado II drilling program, using the Ensco 8503 drilling rig…
Talos Energy and partners Sierra Oil and Gas, and Premier Oil have made an estimated 1.4-2 billion bbl, 'world-class' light oil discovery at the Zama-1 exploration well, offshore Mexico. The find has been described as one of the 20 largest…
Mexico’s energy reform efforts have been realized with recent successes from prior bid rounds. Now, Mexican national Pemex has added a steady schedule of farm-outs in shallow and deep water. Audrey Leon surveys the plays on the agenda. Juan…
Talos Energy has started drilling the Zama-1 exploration well in Block 7 in the shallow water Sureste Basin, offshore Mexico. The well is the first exploration well to be drilled on acreage awarded in Mexico's first international licensing round in 2015…
Eni has increased its estimate of resources in place at the Amoca field offshore Mexico to 1 billion boe, following a successful appraisal well that is prompting the Italian giant to accelerate its development plan. Map from Eni…
Premier Oil says it will begin a short subsea tie-in campaign next month at the Varadero prospect, as its Catcher project remains on track to deliver first oil later this year. Image from Premier Oil Premier…
Premier Oil has revealed plans to drill offshore Mexico; the next phase of growth at Tolmount off the UK; and for the sanctioning of its BIGP project offshore Indonesia. Map of Block 2, Block 7 offshore Mexico…
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