Upstream

Talos Energy successfully drills Tornado Attic Well

Talos Energy upstream

Talos Energy, the independent exploration and production company, announced this Thursday the successful drilling of the company’s Tornado 3 sidetrack well; which successfully discovered pay in-line with pre-drill expectations.

Firstly, Talos Energy holds a 65.0% working interest in the Tornado field; and is the operator of the well, along with Kosmos Energy; which also holds a 35% working interest in the field.

Secondly, discovered in 2016, the Tornado field locates approximately three miles south of Talos Energy’s Phoenix complex; which was acquired in 2013 and utilizes the HP-I floating production facility.

Thirdly, the Tornado field is in fact in operating stages; and to date, it has produced approximately 34 million barrels of oil equivalent (“MMBoe”) gross; approximately 80% of which is oil.

Moreover, in 2020, Talos Energy initiated the intra-well waterflood project; a drilling practice in which the company also drills an injection well which sources water from a large aquifer above the producing B-6 Sand.

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Talos energy to begin production in 3Q 2021

This is known as “dump flood”; and such project is one of the first of its kind in a subsea, deep-water environment. The aquifer in fact naturally injects over 20,000 barrels of water a day into the lower pressured producing reservoir; at the downdip boundary of the geological formation.

Consequently, creating reservoir energy to help maintain production; and also increase ultimate recovery throughout the Tornado field. Therefore, the successful drilling of the Tornado well would boost its production.

Furthermore, Talos Energy drilled approximately 4,500 feet from the Tornado water flood injection well; and 1,550 feet away from the closest existing producer well. Seadrill West conducted the operations of drilling; during which companies encountered approximately 85 gross (63 net) feet of true vertical thickness pay in the B6 Upper Zone; with rock properties and reservoir consistent with internal modeling and pre-drill expectations.

Consequently, Talos Energy will immediately move to the completion phase. Production phase may happen around the third quarter of 2021; also ahead of initial expectations.

Finally, Talos Energy expects the Attic Well to produce approximately 8-10 thousand barrels of oil equivalent per day (“MBoe/d”); gross (approximately 80% oil) once online.

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