Walter Oil & Gas Corp. discovered commercial quantities of oil and natural gas in the Ewing Bank 953 well in the US Gulf of Mexico, said partner Talos Energy Inc. in a Sept. 5 release.
The well encountered about 127 ft of net pay in the target sand at about 19,000-ft TVD. Preliminary data indicate an estimated gross recoverable resource potential of 15-25 MMboe from a single subsea well with an initial gross production rate of 8,000-10,000 boe/d.
First production is expected in mid-2026. Current plans are for the well to be tied back to the South Timbalier 311 Megalodon host platform.
Walter Oil & Gas Corp. is operator at Ewing Bank 953 (56.7%) with partners Talos (33.3%) and Gordy Oil Co. (10%).
