Talos Energy reports initial production from Tornado II

HOUSTON -- Talos Energy LLC has announced initial production from the Tornado II deepwater well (GC 281 #2ST), located in Phoenix field of the Green Canyon area of the Gulf of Mexico in approximately 2,700 ft of water. The Tornado II drilling program consisted of an exploratory test penetration in a fault block adjacent to the Company’s initial Tornado discovery in 2016, followed by the Tornado II producer to delineate and further develop the initial reservoir.

Initial production testing of the well commenced on Dec. 15, 2017. During the two-week test period, gross production rates exceeded 12,350 boed, which is 83% oil. Coupled with the first Tornado well, the Company plans to flow the wells at a combined gross rate of 24,000-27,000 boed. Talos owns 65% of the well and is the operator.

The Tornado wells flow through the existing Phoenix field subsea infrastructure into the Helix Producer I, a dynamically positioned floating production unit on the adjacent lease, Green Canyon block 237. The existing field infrastructure allows for the expedited and capital efficient hook-up of this and future exploitation and development projects.

The original Tornado discovery well produced 7.4 MMboe gross in the first 15 months of production prior to the Tornado II well coming online. The minority partner in the Tornado and Tornado II wells is Deep Gulf Energy III, LLC, with a 35% working interest.