Talos Energy Inc. Announces Successful Oil Discovery in Gulf of Mexico Daenerys Prospect

Reuters
Aug 20
Talos Energy Inc. Announces Successful Oil Discovery in Gulf of Mexico Daenerys Prospect

Talos Energy Inc. has announced successful drilling results at the Daenerys exploration prospect in the U.S. Gulf of America's Walker Ridge blocks. The discovery well reached a vertical depth of 33,228 feet using the West Vela deepwater drillship and encountered oil in multiple high-quality, sub-salt Miocene sands. The project was completed 12 days ahead of schedule and under budget by approximately $16 million. Talos, as the operator, holds a 27% working interest, with other stakeholders including Shell Offshore Inc., Red Willow, Houston Energy, L.P., Cathexis, and HEQ II Daenerys, LLC. The initial success has prompted plans for an appraisal well to be drilled in the second quarter of 2026 to further evaluate the resource.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talos Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA54860) on August 19, 2025, and is solely responsible for the information contained therein.

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