In a striking development from the Gulf of Mexico, U.S. energy firm Talos Energy has announced a significant find of oil and natural gas. The company, with financial backing from billionaire Carlos Slim, revealed that its Ewing Bank 953 well has tapped into commercial quantities of resources. Preliminary data from the well suggest it holds between 15 and 25 million barrels of oil equivalent (boe), with an anticipated initial production rate of 8,000-10,000 boe per day. Production is projected to commence in mid-2026, marking a promising milestone for Talos Energy.
Talos Energy, headquartered in Houston, has made headlines with its successful exploration ventures in offshore Mexico. The discovery at Ewing Bank 953 follows a series of fruitful single-well subsea projects connected to the company’s existing infrastructure, including Venice, Lime Rock, Sunspear, and Claiborne sidetrack. This track record underscores Talos’s strategic prowess in tapping into valuable subsea resources and amplifies its position in the competitive oil and gas sector.
Adding to the company’s momentum, Talos has secured an agreement to participate in the drilling of a new prospect named Sebastian. This potential venture will be managed by Murphy Oil, with results expected in the fourth quarter of this year. The Sebastian prospect is estimated to have a gross resource potential ranging from 9 to 16 million boe, with a potential initial production rate of 6,000-10,000 boe per day. The collaboration highlights Talos’s proactive approach to expanding its portfolio and exploring new opportunities in the energy market.
The ongoing exploration and discovery efforts by Talos Energy reflect a broader trend of increased activity and investment in the Gulf of Mexico’s offshore oil and gas fields. As the company prepares to bring Ewing Bank 953 into production and evaluate the potential of the Sebastian prospect, the industry will be watching closely for further developments and their implications for energy markets.
(Source: PR Newswire | Upstream Online)
