Talos Energy in a Surprising Turn of Events

A surprising turn of events has happened in the Mexican oil industry. Ever since 1938, the Mexican oil industry has been nationalized, meaning that it has been closed off to foreign investors and that the government-run company, Petroleos Mexicanos, monopolized it. However, in recent years, the oil industry was not doing as well in Mexico. As a result, in 2015, Mexico opened up it’s industry to private investors. Three companies from various parts of the world, Talos Energy, Sierra Oil & Gas and Premier Plc jumped at the opportunity and won bids to drill. As of May 21st, 2017, drilling has started, and it is expected to take about 90 days, at a cost of $16 million. The drilling is being done in the Sureste Basin, off of the coast of the state of Tabasco. There is a “high geological chance of success” with this project, considering the fact that the basin is formed in the ideal way.

Talos Energy LLC is one of the companies that has started drilling in the Sureste Basin. In fact, Talos Energy LLC was the first foreign company to do business in the Mexican oil industry since 1938, setting a record. Talos Energy is based in Houston, Texas, in the United States of America.

In February of 2013, Talos Energy acquired a subsidiary of Helix Energy Solutions for $620 million. Talos Energy is currently looking to buy more companies so that it can add personnel and grow. The subsidiary of Helix Energy Solutions that Talos Energy bought was called Energy Resource Technology GOM, Inc.

Talos Energy is associated with Riverstone Holdings LLC. In February of 2012, Riverstone Holdings LLC committed up to about $600 million of equity to Talos Energy. Talos Energy is also associated with Apollo Global Management, LLC. Apollo Global Management and Riverstone Holdings back Talos Energy.

For more information follow Talos Energy on Facebook.

Keeping Drugs Away from Inmates Using Securus Technologies

I work as a corrections officer in a jail where violence has been on the rise. On any given day, I don’t know if I am going to be the next victim of these brutal attacks, so I need to go to work focused and committed to cleaning up the problem. My team of officers does have a few resources that we use to try and clean up our prison, but one came from the most unlikely of sources.

 

To control violence in prison, getting drugs and weapons out of the hands of the inmates is crucial. The inmates only have a few ways in order to be in contact with the outside, so closing down those access points is key. We always have a huge police presence at the visitor center because that is the easiest way to get anything illegal from the outside. Even with searches and warnings, the problem never goes away.

 

It wasn’t until we were trained to use the LBS software on the new inmate call monitoring system installed by Securus Technologies that we saw progress. These inmates used to talk at will on the phones, and officers could easily lose ground trying to listen to all the conversations. The software does the work of many officers, and now we can even listen for specific chatter to help in our case to clean up this problem.

 

This month, we heard one call about an inmate begging his family to smuggle drugs to him on visiting day. One call revealed the hiding place of a large amount of heroin the inmates were selling. We even were able to detect a call where the inmates were openly talking about using drugs inside the cell when the lights were out. We can not send a team to addresses these concerns as they happen.