Talos Energy closes USD 420 million Gulf of America deepwater asset acquisition from Shell
TALO•Talos closes Gulf of America deepwater asset deal
Talos Energy closed its acquisition of Gulf of America deepwater oil assets from Shell, alongside a Ridgewood Energy affiliate.
- The deal includes a 50% working interest with operatorship in the Coulomb field.
- Talos also acquired a 25% non-operated working interest in the BP-operated Na Kika platform.
- Net cash purchase price at closing totaled USD 420 million, including a USD 42.5 million deposit previously placed in escrow.
- Acquired-asset contribution begins in Q3 2026 from the closing date, with full consolidation starting in Q4 2026.
