Talos Energy Is More Than A ‘Top Place To Work’

Talos Energy headquartered in Houston, Texas, was founded in 2012. Since almost from the beginning the new company has been recognized as one of the best places to work in that city.

Talos Energy was recognized by the Houston Chronicle with its “Top Places To Work” award in the years 2013, 2014, 2015, 2016, 2017 and now 2018. It’s an incredible achievement for the fledgling gas and oil exploration company.

In addition to being a great place to work, Talos Energy has attracted interest from industry observers around the world for its innovative and aggressive strategy in terms of search strategy for oil resources.

Talos is concentrating its efforts primarily in the Gulf of Mexico. It is actively exploring in shallow and deep water regions where many other companies are unwilling to go. Talos Chief Executive Officer Timothy Duncan said he and his team are eager to exploit resources that other companies consider “unreachable.”

Even more fascinating is that Talos Energy has become the first American firm to form a partnership with Pemex, the Mexican state-owned energy giant which has enjoyed exclusive rights to Mexican territorial resources since 1938. That was the year Mexico nationalized its oil industry.

But Talos dropped a well in shallow waters off the coast of the Mexican state of Tabasco in cooperation with Pemex and two other international partners in 2017. Joining Talos in the Mexican project are Premier Oil of the United Kingdom and Sierra Oil & Gas, a Latin American entity. Mexico extended an open hand to Tim Duncan and his new company because it saw a way to revitalize its sagging exploration industry.

Early results seem to have paid off. The ZAMA-1 well sunk by Talos may hold from 1.4 billion to two billion barrels of crude oil equivalent. Now Talos is teaming up with Pemex to go for more. Two more wells are planned for a block adjacent to ZAMA-1 site. Preliminary indications that the new wells will strike oil as well.

It all means that Talos Energy is a company to watch, according to energy industry observers. Talos is more than a terrific place o work — it’s a company with a bright future.

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