Talos Energy has announced positive exploration results from its Daenerys well, located in the deepwater Gulf of America. This discovery validates its growth strategy and technical leadership in the oil industry.
Daenerys well drilling
The drilling was executed with the West Vela vessel, and exceeded efficiency expectations. The well was completed 12 days ahead of schedule and a savings of approximately $16 million was achieved.
These results demonstrate Talos Energy ‘s ability to optimize its operations and manage complex projects in challenging environments. The company has confirmed the presence of oil in multiple Miocene subsalt sands, a high-quality reservoir that will now undergo further evaluation.
Talos, as operator, holds a 27% interest, while its partners, including Shell Offshore, have a 27% stake. Shell Offshore and Red Willow, hold significant percentages. This joining of forces seeks to accurately define the discovered resource and plan next steps. In addition, an appraisal well is expected to start drilling in the second quarter of 2026. Also, the discovery well has been temporarily suspended to preserve its future usefulness.
According to Paul Goodfellow, president and CEO of Talos, the results confirm the presence of hydrocarbons, and validate the company’s geological and geophysical models. This success supports the resource estimates Talos had projected prior to drilling.
The company’s technical approach and experience in deepwater deepwater exploration continue to prove to be a key asset in developing new reservoirs and securing long-term value.
Source and photo: Talos Energy
