Talos Energy's Katmai West #2 well in the Gulf of Mexico found significant oil and gas, doubling estimated recovery.

Talos Energy has announced successful drilling at the Katmai West #2 well in the U.S. Gulf of Mexico, finding commercial amounts of oil and natural gas under budget and ahead of schedule. This has nearly doubled the field's estimated oil recovery to 50 million barrels, with first production expected late in the second quarter of 2025. The well will connect to the Tarantula facility, which has been expanded to handle increased capacity. Talos holds a 50% stake in the project.

2 months ago
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