Talos Energy Inc. 2026年季度报告

TABLE OF CONTENTS GLOSSARY CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS Item 1.Financial StatementsCondensed Consolidated Balance SheetsCondensed Consolidated Statements of OperationsCondensed Consolidated Statements of Changes in Stockholders’ EquityCondensed Consolidated Statements of Cash FlowsNotes to Condensed Consolidated Financial StatementsNote 1 — Organization, Nature of Business and Basis of PresentationNote 2 — Acquisitions and DivestituresNote 3 — Property, Plant and EquipmentNote 4 — LeasesNote 5 — Financial InstrumentsNote 6 — Equity Method InvestmentsNote 7 — DebtNote 8 — Asset Retirement ObligationsNote 9 — Employee Benefits Plans and Share-Based Compensation Note 10 — Income Taxes Note 11 — Income (Loss) Per Share PART II — OTHER INFORMATION Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures GLOSSARY The following are abbreviations and definitions of certain terms commonly used in the oil and natural gas industry andfrequently used in our periodic reports filed with the U.S. Securities and Exchange Commission: Barrel or Bbl —One stock tank barrel, or 42 United States gallons liquid volume.Boe —One barrel of oil equivalent determined using the ratio of six Mcf of natural gas to one barrel of crude oil orcondensate. BOEM— Bureau of Ocean Energy Management.BSEE— Bureau of Safety and Environmental Enforcement.Boepd —Barrels of oil equivalent per day.Btu —British thermal unit, which is the heat required to raise the temperature of a one-pound mass of water one degreeFahrenheit. Completion —The installation of permanent equipment for the production of oil or natural gas.Deepwater —Water depths of more than 600 feet.Developed acres —Acreage that is allocated or assignable to producing wells or wells capable of production.Dry well —An exploratory or development well that is not a productive well.DOI— U.S. Department of Interior.Field —An area consisting of a single reservoir or multiple reservoirs all grouped on or related to the same individual geological structural feature or stratigraphic condition. GAAP —Accounting principles generally accepted in the United States of America. MMcfpd —One million cubic feet of natural gas per day. Net acres or net wells —The sum of the fractional working interests the Company owns in gross acres or gross wells. NGL —Natural gas liquid. Hydrocarbons which can be extracted from wet natural gas and become liquid under variouscombinations of increasing pressure and lower temperature. NGLs consist primarily of ethane, propane, butane and natural NYMEX —The New York Mercantile Exchange. NYMEX Henry Hub —Henry Hub is the major exchange for pricing natural gas futures on the New York MercantileExchange. It is frequently referred to as the Henry Hub index. OPEC —Organization of Petroleum Exporting Countries.Productive well —A well that is found to be capable of producing hydrocarbons in sufficient quantities such that proceedsfrom the sale of such production exceed production expenses and taxes. Proved developed reserves —In general, proved reserves that can be expected to be recovered from existing wells withexisting equipment and operating methods. The SEC provides a complete definition of developed oil and gas reserves in Rule Proved reserves —Proved reserves are those quantities of oil and natural gas, which, by analysis of geoscience andengineering data, can be estimated with reasonable certainty to be economically producible – from a given date forward, fromknown reservoirs and under existing economic conditions, operating methods and government regulations — prior to the timeat which contracts providing the right to operate expire, unless evidence indicates that renewal is reasonably certain, Proved undeveloped reserves —In general, proved reserves that are expected to be recovered from new wells on undrilledacreage or from existing wells where a relatively major expenditure is required for recompletion. The SEC provides a PV-10 —The present value, discounted at 10% annually, of estimated future revenues to be generated from the production ofproved reserves determined in accordance with SEC guidelines, net of estimated production costs, future development costs,and abandonment costs using prices and costs as of the date of estimation without future escalation, without giving effect to SEC —The U.S. Securities and Exchange Commission. SEC pricing —The unweighted average first-day-of-the-month commodity price for crude oil or natural gas for each monthwithin the 12-month period prior to the end of the reporting period, adjusted by lease for market differentials (quality,transportation, fees, energy content, and regional price differentials). The SEC provides a complete definition of prices in Shelf —Water depths of up to 600 feet. Standardized Measure