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Talos Energy
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January 2023 Investor Presentation
| Timothy Duncan | Page 8 of 11 |
May 18, 2024
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"January 2023 Investor Presentation"
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The Gulf of Mexico – A Significant National Resource 8 One of the largest, most diverse and most prolific basins on Earth Note: Basin oil production as of March 1, 2022 per EIA. 2021 production data per Enverus and excludes eight additional operators with production under 35 MBoe/d. Top U.S. Basins by Daily Oil Production ~60 PLATFORMS >1,000’ DEPTH ~50% OF U.S. REFINING CAPACITY ALONG GULF COAST ~2/3 OF BASIN PRODUCTION FROM TOP 4 COMPANIES - 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 Permian U.S. Gulf of Mexico Bakken Eagle Ford Niobrara Mississippi / Woodford Current Oil Production (MBbl/d) Large-Scale Operations from Majors, Independents, Privates #8 TALOS IS A TOP 10 PRODUCER Second largest oil-producing basin in the United States - 50 100 150 200 250 300 350 400 450 500 2021 Daily Gross Production (MBoe/d)