Talos books Transocean drillship for deepwater Gulf of Mexico program

Jan. 31, 2020
Talos Energy has provided an update on its operations in the US Gulf of Mexico.

Offshore staff

HOUSTON Talos Energy has provided an update on its operations in the US Gulf of Mexico.

In 4Q 2019, the company’s production was about 3.6 MMbbl of oil, 0.3 MMbbl of NGLs, and 6.2 bcf of natural gas, representing about 54,000 boe/d.

At Orlov in Green Canyon block 200, operations re-started to continue drilling to a deeper prospective target zone prior to starting completion activities of the main objective, the Aspen J sand. The deepening project encountered about 55 ft (17 m) of high quality, net true vertical thickness oil pay.

The Aspen J target was subsequently completed and achieved first oil in mid-January 2020, averaging a production rate of about 4,000 boe/d gross, or 1,000 boe/d net. Talos holds a 30% working interest in the Orlov prospect, which is operated by Fieldwood Energy.

The Puma West exploration well in Green Canyon block 821 has been temporarily suspended after setting casing below salt and reaching a true vertical depth of about 21,500 ft (6,553 m). The top and base of salt were encountered near pre-drill depth expectations.

Plans are being developed to return to the prospect later this year with a slightly modified casing design to continue drilling the well through the main objectives in the Middle and Lower Miocene to a total true vertical depth of about 25,200 ft (7,681 m).

As a result of drilling activity completed thus far, the lease term has been extended for an additional three years through October 2022. BP holds a 50% working interest and is the operator, with Talos and Chevron each holding a 25% working interest.

Talos has contracted the Transocean ultra-deepwater dual-activity drillship Discoverer Inspiration for its 2020 deepwater drilling and completions program in the US Gulf of Mexico. It will assist with the Bulleit completion and tieback project, development activity in the Phoenix complex and potentially one or more high-impact exploration drilling projects, which are currently being evaluated, the company said.

The terms of the contract provide for up to three wells with a total minimum of 120 days, and includes options to extend the contract for up to three additional wells with minimums of 40 days per instance. The contract is expected to start in 2Q 2020.

Also, the company has contracted the Helmerich & Payne 100 platform drilling rig for near-field development and exploitation drilling opportunities surrounding its Green Canyon 18 facility, with the option thereafter of similar projects at the Pompano and Amberjack facilities. The contract is evergreen with a rolling 90-day term.