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Talos Energy Provides Operational Updates

Talos Energy Inc. (NYSE: TALO) provides operational updates.

  • Talos expects the impact related to the Main Pass Oil Gathering pipeline shut-in to be immaterial to its fourth quarter 2023 results. Talos is among seven oil producers whose production has been shut-in since mid-November 2023 in the U.S. Gulf of Mexico as a result of the closing of the pipeline.
  • Talos anticipates first production ahead of schedule by year-end 2023 for Talos's Venice and Lime Rock discoveries, which will be tied-back to the Talos-owned and operated Ram Powell facility. Talos owns a 60% working interest in both wells.
  • Talos reaffirms its fourth quarter 2023 operational guidance. As previously reported, for the fourth quarter 2023, Talos expects average daily production of 66.5 - 68.5 thousand barrels of oil equivalent per day.
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