Unitisation of the asset was required as the field is in both Talos Energy-operated Block 7 and the adjacent Pemex-operated block.
Talos Energy holds an operating 35% share in Block 7 and will retain a 17.35% share of the Zama field.
The field was discovered by Talos Energy in 2017 and holds an estimated 735 million to 950 million boe. Independent third-party operators approximate production figures at 160,000 boepd once fully developed.
The companies’ final investment decision is expected in 2023 following the submission of a unit development plan.
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