Talos Comes Up Big Offshore Mexico
An appraisal well in the Zama project offshore Mexico showed more potential for oil, raising hopes of a large discovery, operator Talos Energy said on Thursday.The Zama project in Block 7 offshore Mexico is operated by Talos, whose partners include Sierra Oil and Gas and Premier Oil.The Zama-2 appraisal well was drilled 2.1 kilometers to the north of the Zama-1 discovery well in a down dip location with a key objective to confirm the oil water contact (OWC). The well encountered the top Zama reservoir at 3,279 meters (true vertical depth (TVD)) on prognosis and the OWC at 3,430 meters TVD, consistent with the flat-spot observed on seismic.
Talos Energy Begins Zama Discovery Appraisal Program
Talos Energy has spudded its Zama-2 appraisal well, beginning the Zama discovery appraisal program, which will consist of three reservoir penetrations, including two wells and one sidetrack.The Zama discovery, which is located in Block 7 in the Sureste Basin, is planned to be developed with an investment of $325m.The oil and gas company that engages in the exploration, development, and production of oil and natural gas properties in the Gulf Coast and Gulf of Mexico said that the first well, the Zama-2, will be drilled to…