A recent article on the Workboat website tells about the exciting and innovative oil drilling work that is taking place in the waters of Mexico’s Sureste Basin.
Mexico has not allowed private companies to explore for oil in its waters since 1938. In an effort to improve the status of its oil industry, Mexico is now allowing foreign companies to conduct offshore exploration.
The operator of the Zama-1 well is Texas-based Talos Energy LLC, working in conjunction with Sierra Oil & Gas from Mexico, and London’s Premier Oil company. The drilling project will probably last for several months, and is seen as a positive development in the revitalization of Mexico’s oil industry.
It is estimated that millions of barrels of crude oil are held in the area where the drilling is occurring. Financial analysts are paying close attention to the drilling activity taking place, and feel confident that the project will be successful. Oil and gas industry experts feel that this drilling project is one of great importance.
A leading independent U.S. oil and gas company, Talos Energy is headquartered in Houston, Texas. This results-oriented company is highly respected in its field, and features a collaborative culture where new ideas are encouraged.
Before starting Talos Energy in 2012, the team of offshore exploration and production experts that manage the company founded and later sold two other successful gas and oil companies.
Talos Energy specializes in obtaining assets from shelf and deep waters, then successfully cultivating those assets using modern seismic methods. The company maintains a large operating presence in the Gulf of Mexico, and remains committed to providing a safe and ecologically responsible work place.
For several consecutive years now, Talos Energy has also been voted one of Houston’s top work places in an annual poll released by a prominent Houston media company.