From the Field
Talos begins Zama appraisal in Mexico
MEXICO CITY, December 4, 2018 – US independent Talos Energy has spudded the Zama-2 well, kicking off an appraisal programme at offshore Block 7 in the Gulf of Mexico, the company announced in a Monday press statement.
The new well will test the Marte prospect, to the north of the Zama discovery. Zama-2’s drill stem test is slated for Q2 2019, and a third well will be drilled by mid-year. Altogether, the appraisal programme is expected to cost around USD 250 million.
“We are excited to enter this phase of the Zama project with our partners,” Talos president and CEO Timothy S. Duncan said. “The timing of the commencement of the appraisal programme will allow us to stay on track of our goal, which is to achieve initial production from the Zama discovery in 2022.”
Block 7 is being developed by a consortium of operator Talos (35%), Sierra Oil & Gas (40%) and Premier Oil (25%).