Talos Energy is a company that is technically driven production company. The company has its operations across the United States Gulf of Mexico, as well as along the shallow waters located off the coast of Mexico.
At the United States Gulf of Mexico, the company’s primary focus is the exploration, acquisition, and development of deep-water and shallow assets located near the existing infrastructure. On the other hand, the shallow waters off the coast of Mexico are to provide the company with the high impact exploration opportunities at the now emerging basin. The company’s primary strategy is to explore and exploit the Gulf of Mexico and the Gulf Coast region.
Career Opportunities and Benefits at Talos Energy
Talos Energy has been a fast-growing company that offers career opportunities in the areas of exploration, production as well as corporate disciplines such as accounting, marketing, and management. Moreover, the company offers competitive benefits such as having flexible work schedules that advocate for a work/ life balance, as well as numerous opportunities for advancement. Aside from just the competitive advantages that the company offers, it is a nice place to work. Talos Energy has been ranked from 2013- 2017 in the Houston Chronicle as a Top Workplace.
Approval of the Appraisal Plan for Talos Energy
On May 18th, 2018, the National Hydrocarbons Commission (CNH) which is Mexico’s oil and gas regulator approved the appraisal plan for Talos Energy. The appraisal plan included three new reservoir penetrations, where the first well, Zama-2, was to be deepened by about 500m to test the exploration prospect named Marte. According to Talos Energy, the estimated share of the cost to increase the well is $3.5 million, of the estimated Talos Energy’s gross of $10 million. The approval of the appraisal plan was a critical approval that was required for the commencement of Zama discovery’s appraisal.
Talos Energy estimated that it would drill the first appraisal well in the fourth quarter of 2018 and that the appraisal program would be completed by mid-2019. Talos Energy’s president highlighted that approval of the appraisal plan was a move towards the scheduled investment of Zama project by Mexico, whose initial production is expected in 2022, thereby creating as many jobs for the people as possible.
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