Talos Energy lets topside modification contract for Ram Powell

Jan. 25, 2023
Talos Energy Inc. has let a topside modification contract to EDG Inc. for Ram Powell tension leg platform in the US Gulf of Mexico.

Talos Energy Inc. has let a topside modification contract to EDG Inc. for the Ram Powell tension leg platform in the US Gulf of Mexico.

Modifications will accommodate the Venice and Lime Rock subsea tiebacks (OGJ Online, Jan. 4, 2023). EDG will be responsible for the engineering and design of the Viosca Knoll area platform additions, including all equipment integration, piping, structural, instrumentation, and electrical additions and modifications.

Lime Rock was acquired in Lease Sale 256 in November 2020 and is about 9 miles from the platform. The Upper Miocene discovery is expected to produce first oil in first-quarter 2024. The Upper Miocene Venice prospect was identified within the existing Ram Powell unit acreage about 4 miles from Ram Powell. First oil is expected in this year's fourth quarter. 

Talos originally held 100% working interest in both prospects prior to farmouts leaving 60% working interest.