Talos seeking reserves boost from GoM Katmai drilling program

Offshore staff

HOUSTON — Talos Energy expects to spud the Katmai West #2 appraisal well in the Green Canyon area of the US Gulf of Mexico (GoM) this summer in an attempt to prove further reserves in the Katmai Field, the company said in a results update.

Early next year, modifications to the host Tarantula platform should increase its production capacity from 27 MMboe/d to 35 MMboe/d. This will be constrained in relation to the full rate capacity of the Katmai wells, allowing for extended flat production.

Talos became operator following its acquisition of QuarterNorth Energy in March.

The company will also participate in the Daenerys exploration well in the subsalt Walker Ridge area, targeting a Miocene section with a potential recoverable resource in the range 100 MMboe to 300 MMboe.

Talos has a 30% interest in the initial test well; the prospect is part of a farm-in transaction completed last year that covers about 23,000 gross acres across the Walker Ridge.

Following successful drilling through the BUL-1 and Tex-Mex-E sand in the Lobster Field, the well is currently being completed as a waterflood (downhole water injection) well and should lift hydrocarbon recovery from existing producers. Production should then rise by more than 2 MMboe/d over the following 12 to 18 months.

Last month, operator Beacon Energy reinstated production from the Claiborne #1 well (Talos 25%).

In the US’ recent Outer Continental Shelf Federal Lease Sale 261, Talos acquired 17 leases covering 95,000 gross acres, and it has identified up to 15 potential drilling locations on the acreage. Most are within tieback range of the company’s existing offshore infrastructure.

05.07.2024