Talos Energy Inc., Houston, produced an average 67,500-69,000 boe/d in fourth-quarter 2021 and an average 64,000-64,500 boe/d for full-year 2021, representing new quarterly and annual record highs.
Fourth quarter production was above the previously indicated range due to better than expected uptime and was about 69% oil and 77% liquids.
Capital expenditures for fourth-quarter 2021 were $63-68 million, near the low end of its previously issued full year capital guidance range.
The company repaid an additional $25 million of debt from the company's credit facility in the quarter, bringing the yearend facility balance to $375 million, a $90 million reduction from Mar. 31, 2021.
The operator will release additional details in its fourth-quarter 2021 results earnings release on Feb. 24.
