Offshore staff
HOUSTON – Talos Energy plans to drill an appraisal well later this year on the potentially high-impact Puma West discovery in the US Gulf of Mexico, the company said in its latest results statement.
President and CEO Timothy S. Duncan said: “Our 2022 upstream capital plan will invest across a broad range of project types, including several with short-cycle times to first production through our owned infrastructure and a series of deepwater subsea drilling projects with material resource and production rate potential that can be important contributors in 2023 and beyond.”
Duncan added: “We are excited to begin the appraisal of Puma West, a high-impact exploration discovery from early 2021, with a second well in the latter half of 2022 with the goal of accelerating development.”
An infrastructure-led, subsea drilling campaign over the next few years could generate over $1 billion in free cash flow through 2025, Duncan added.
02/28/2022
