Talos closes $420m purchase of Shell Gulf oil assets
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Talos Energy completed a $420m purchase of deepwater Gulf oil assets from Shell Offshore on Tuesday.
The assets have changed hands. The closing release says Talos acquired a 50 percent working interest and operatorship in the Coulomb field, along with a 25 percent non-operated interest in the BP-operated Na Kika platform and four associated fields.
The final net cash price includes a $42.5m deposit that Talos had already placed in escrow. It remains subject to customary post-closing adjustments.
Talos said its third-quarter results will include contributions from the assets from the closing date through September 30. The company will fully consolidate them beginning in the fourth quarter and plans to update its full-year guidance with its third-quarter results.
The document: Talos Energy acquisition closing release, September 22, 2026.
