Oil & Gas News

The release of the IEA’s Roadmap to Net Zero by 2050 report on May 20, is a potential bombshell for the industry as it concludes that ‘Beyond projects already committed as of 2021, there are no new oil and gas fields approved for development in our pathway.’ The industry now faces some stark choices on the path to take.

Talos Energy Inc. has provided an update regarding successful drilling operations on the Company's Tornado 3 sidetrack well ("Tornado Attic" well), which successfully discovered pay in-line with pre-drill expectations. Talos holds a 65.0% working interest in the Tornado field and is the operator with Kosmos Energy also holding a 35% working interest.

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