HOUSTON—When getting better economics is the mission at hand, Gulf of Mexico (GoM) operators like Talos Energy are eyeing potential prospects around existing assets.

The Houston-based company’s reverse merger with Stone Energy, completed more than a year ago, boosted the independent’s U.S. GoM acreage to nearly 625,000 net acres, more than about 342,600 were developed by year-end 2018.

Having already had success around the deepwater Phoenix and Tornado fields in the Green Canyon area, Talos Energy CEO Tim Duncan turned to assets bought in the Stone merger in the Mississippi Canyon area such as Pompano and Ram Powell and Green Canyon 18 acreage picked up with its acquisition of Whistler Energy II.

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