Talos Energy Finds Billions Of Barrels Of Crude Off Gulf Coast

Talos Energy is a Houston-based independent oil company was founded in 2012 by millionaire Timothy Duncan. The company focuses on the development and exploration of oil in the Gulf Coast.

Talos Energy’s management team has many decades of experience in offshore exploration and production. Talos has production sites off the coast of Texas, Alabama, Louisiana, and Mississippi. The sites range from shelf to ultra deep water operations over 3,000 feet.

The goals of Talos Energy:

• Acquire assets with little value that can benefit from modern geophysical data

• Utilize technical teams to value assets

• Rely upon geological trends, seismic data, and previous success to garner more information

Deep oil drilling has changed greatly over the last 70 years. More advanced drilling techniques and technical expertise have resulted in more successes around the globe.

Talos Energy is committed to the safety, health, and welfare of all of its employees. The Health, Safety, and Environmental program was designed to ensure that oil exploration and production is proficient.

The company has always given back to the community. Each employee is given $500 to donate to the company of their choice. Talos Energy is proud to have charitable associations with the following companies the American Cancer Society, Houston Children’s Charity, Hurricane Harvey Relief Fund, and the Gulf Coast Regional Fund Center.

The company recently sponsored the Moore, Morgan & Greer gold tournament. The successful outing help raise more than $28,000 for the American Cancer Society.

In 2017, Talos Energy acquired the rights for exploratory drilling in Zama – 1 field off the Gulf Coast. Along with partners Premier Oil and Sierra Oil and Gas, the field yielded upwards of 2 billion barrels of crude oil. It is believed that the area could net over 400 billion barrels when it completely forms.

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