Opinion

Daenerys: The Gulf of America/Mexico’s biggest discovery since 2017

Evaluating Talos' high-impact find using Lens Subsurface and our new Prospect Valuation module

1 minute read

Jessica Ciosek

Senior Manager, Energy Research

Jessica Ciosek, VP of Exploration & Subsurface Research focuses on deepwater, industry trends, and market adaptation.

View Jessica Ciosek's full profile

James Blackwood

Research Analyst, Upstream

James joined Wood Mackenzie in 2023 supporting research on the US Gulf of Mexico

View James Blackwood's full profile

Talos Energy’s Daenerys discovery in the Walker Ridge area is the most material Gulf of America/Mexico (GoA) oil find since 2017. In this exclusive video, Wood Mackenzie experts use Lens Subsurface and our new Prospect Valuation module to assess its commercial potential and development viability.

The Prospect Valuation module builds on the framework of our upstream asset valuation tools, incorporating subsurface insights, fiscal terms, and development concepts. This allows for integrated scenario testing within the Lens platform.

In the video, we cover:

  • How Daenerys benchmarks against other recent GoA discoveries

  • Key development options and value drivers

  • Strategic implications for Talos and regional operators

  • A demonstration of how the new module enables rapid, flexible prospect valuation

Watch the full video

Fill in the form to access the full analysis and see how our tools support high-impact exploration decisions across the deepwater GoA.

Prospect Valuations

The Lens Subsurface Prospect Valuations tool uses Wood Mackenzie’s subsurface expertise and upstream data to build discounted cash flow models for mature offshore prospects.

It enables users to screen, benchmark and value drill-ready opportunities from a global dataset. This supports exploration teams in portfolio decisions, competitor analysis and opportunity prioritisation.

Office buildings, with the Popocatépetl mountains in the background at sunrise. Mexico City, Mexico.