Gulf of Mexico
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The EPCI contract scope includes 20K-psi-rated subsea tree systems.
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Sales price will be linked to the Japan Korea Marker for a 20-year period.
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The operator was the successful bidder on former shallow-water assets of Cox Oil, Energy XXI, and others.
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The acquisition will expand Talos’s deepwater US Gulf of Mexico footprint and increase annual production by an estimated 30,000 BOE/D.
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The 100 million BOE-plus find will be tied back to the Heidelberg spar.
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Woodside Energy's Trion field offshore Mexico features a four-column semisubmersible FPU with a production capacity of 100,000 BOPD.
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The producer’s Lime Rock and Venice discoveries were brought on stream in late December.
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The facility is destined for Shell’s deepwater Gulf of Mexico development.
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Twenty-six companies participated in what was the last GOM lease sale scheduled until 2025.
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Production from the Sparta field is expected to start in 2028.