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Talos Energy announces commencement of Zama appraisal program

Gasoil News - Published on Wed, 05 Dec 2018

Image Source: oceannews.com
Talos Energy Inc announced that the Zama-2 appraisal well was spud on November 29, 2018. The spudding of the Zama-2 well marks the commencement of the Zama discovery appraisal program, which will consist of three reservoir penetrations, including two wells and one sidetrack. The first well, the Zama-2, will be drilled to the north of the Zama discovery well and will look to confirm the oil water contact and collect information to better understand the reservoir's aquifer support. The Zama-2 well will also be deepened approximately 500 meters below the Zama reservoir to test the Marte exploration prospect. This will then be followed by an up-dip vertical sidetrack from the main bore hole, which will be cored and a drill stem test will be performed, which is expected in the second quarter of 2019.

The second appraisal well, Zama-3, will be drilled to the south of the original discovery well and will help delineate reservoir continuity and quality in the southern part of the field and will be cored to be better understand the reservoir geology.

The appraisal program is expected to be completed by mid-year 2019.

The Ensco 8503 rig is contracted and will be utilized for the entirety of the appraisal program. Talos is also working with several local Mexican suppliers who support the operations with many critical services, including shore base support, casing supply, anchor handling, helicopters, and communications, amongst others. Additionally, engineering professionals from McDermott's Mexico City office are assisting in the pre-FEED analysis of the potential development options post-appraisal. Overall, Talos and its partners plan to spend approximately $250 million, excluding contingencies, in Mexico during this appraisal program while exceeding the National Content requirements of the contract through the exploration and appraisal phase.

Talos is the operator of Block 7 offshore Mexico, which includes Zama, with a 35% participating interest ("PI"). Premier Oil (25% PI) and Sierra Oil & Gas (40% PI) are Talos's partners in Block 7.

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Posted By : Joykumar Irom on Wed, 05 Dec 2018
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