Premier said in a press release on April 16 that Talos Energy, the operator of Block 7 offshore Mexico, successfully conducted a drill stem test of the Zama-2 side track well (Zama-2ST1).
Chevron’s major drivers for the combination include Anadarko’s tight oil assets in the Permian and D-J basins plus its Mozambique LNG project and U.S. Gulf of Mexico assets, analysts say.
Shell Offshore, subsidiary of the Anglo-Dutch oil company, agreed to sell its 22.45% interest in the Caesar-Tonga deepwater field in the Gulf of Mexico to Delek Group for $965 million.
Operators around the world announced several huge discoveries with a total combined resource of over 13 trillion cubic feet of natural gas and 1 billion barrels of oil.
Meanwhile, gross natural gas production in the U.S. Lower 48 fell for the first time in a year, sliding in January from a record high the month before, says the EIA.
Australia-based Otto Energy farmed into Talos Energy’s “Bulleit” oil discovery, which a company exec said compliments Otto’s growth strategy in the U.S. Gulf of Mexico.