Talos Energy has provided an upbeat assessment of the potential of its Zama discovery off Mexico after finishing its Zama-3 appraisal with results that it said had exceeded expectations.
The US independent said it now pegged the discovery in the "upper half" of its earlier recoverable resource estimate between 400 million and 800 million barrels of oil equivalent.
Partner Premier Oil now puts its gross estimate at a proven resource of 670 million boe, probable resource of 810 million boe and possible resource as high as 970 million boe.
