Both companies have confirmed their willingness to proceed with joint implementation of exploration and production projects in western Siberia, including the development of the Achimov, Paleozoic and Jurassic hydrocarbon deposits.
Exploration - 04 June 2021
The companies will carry out exploration work at the North-Vrangelevskiy licence area located in the eastern part of the East Siberian Sea.
Completion of phase 2 of the 11 000 km2 UK Mid North Sea High 3D seismic survey, expected in mid-October, will increase the programme survey area six-fold.
Talos Energy has said that it expects the Tornado Attic well to produce approximately 8000 - 10 000 boe/d gross (approximately 80% oil) once online.