2018 Q4 Form 10-K Financial Statement

#000156459020010495 Filed on March 12, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $258.7M $282.9M $203.9M
YoY Change 123.73% 182.98% 113.68%
Cost Of Revenue $45.40M $42.70M $34.60M
YoY Change 65.69% 64.86% 18.09%
Gross Profit $213.3M $240.2M $169.3M
YoY Change 141.56% 224.16% 155.74%
Gross Profit Margin 82.46% 84.92% 83.03%
Selling, General & Admin $44.20M $50.90M $52.90M
YoY Change 101.83% 172.19% 187.5%
% of Gross Profit 20.72% 21.19% 31.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $95.10M $87.81M $67.73M
YoY Change 98.13% 109.07% -21.79%
% of Gross Profit 44.59% 36.56% 40.0%
Operating Expenses $139.3M $148.8M $130.1M
YoY Change 99.57% 145.14% 117.56%
Operating Profit $73.97M $91.36M $39.21M
YoY Change 302.68% 585.43% 521.02%
Interest Expense $233.1M $24.84M $21.68M
YoY Change -323.49% 15.71% 4.2%
% of Operating Profit 315.11% 27.19% 55.29%
Other Income/Expense, Net $2.200M -$78.25M -$114.1M
YoY Change 2100.0% 58.07% -723.86%
Pretax Income $309.2M $13.11M -$74.91M
YoY Change -460.37% -136.24% -404.43%
Income Tax $2.900M $0.00
% Of Pretax Income 0.94%
Net Earnings $306.3M $13.11M -$74.91M
YoY Change -457.14% -136.24% -404.43%
Net Earnings / Revenue 118.41% 4.63% -36.74%
Basic Earnings Per Share $5.66 $0.24 -$1.69
Diluted Earnings Per Share $5.66 $0.24 -$1.69
COMMON SHARES
Basic Shares Outstanding 54.16M 54.16M 44.34M
Diluted Shares Outstanding 54.16M 54.16M 44.34M

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $215.4M $90.20M $79.40M
YoY Change 537.28% 44.32%
Cash & Equivalents $139.9M $89.92M $78.86M
Short-Term Investments $75.50M $300.0K $500.0K
Other Short-Term Assets $7.644M $8.342M $3.910M
YoY Change 255.87% -62.59%
Inventory $0.00 $0.00
Prepaid Expenses $38.91M $50.51M $51.70M
Receivables $103.0M $119.0M $100.8M
Other Receivables $50.70M $37.20M $31.70M
Total Short-Term Assets $416.8M $306.5M $268.7M
YoY Change 187.71% 94.26%
LONG-TERM ASSETS
Property, Plant & Equipment $2.051B $2.038B $1.998B
YoY Change 88.05% 92.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $200.0K $200.0K
YoY Change -100.0% -97.37%
Other Assets $2.695M $2.059M $8.143M
YoY Change 281.73% -87.45%
Total Long-Term Assets $2.063B $2.051B $2.015B
YoY Change 88.52% 88.89%
TOTAL ASSETS
Total Short-Term Assets $416.8M $306.5M $268.7M
Total Long-Term Assets $2.063B $2.051B $2.015B
Total Assets $2.480B $2.357B $2.284B
YoY Change 100.11% 89.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $51.02M $37.81M $38.73M
YoY Change -29.8% -72.42%
Accrued Expenses $188.7M $138.5M $155.9M
YoY Change 114.44% 235.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $443.0K $439.0K $434.0K
YoY Change -98.23% -98.85%
Total Short-Term Liabilities $380.4M $510.7M $495.6M
YoY Change 17.61% 93.01%
LONG-TERM LIABILITIES
Long-Term Debt $654.9M $654.3M $628.0M
YoY Change -2.63% -14.91%
Other Long-Term Liabilities $123.4M $118.9M $122.8M
YoY Change 19.12% -33.34%
Total Long-Term Liabilities $778.2M $773.2M $750.8M
YoY Change 0.27% -18.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $380.4M $510.7M $495.6M
Total Long-Term Liabilities $778.2M $773.2M $750.8M
Total Liabilities $1.472B $1.657B $1.598B
YoY Change 13.85% 36.76%
SHAREHOLDERS EQUITY
Retained Earnings -$327.1M -$625.0M -$638.3M
YoY Change -40.34%
Common Stock $1.335B $1.325B $1.324B
YoY Change 170.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.007B $699.8M $685.8M
YoY Change
Total Liabilities & Shareholders Equity $2.480B $2.357B $2.284B
YoY Change 100.11% 89.57%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $306.3M $13.11M -$74.91M
YoY Change -457.14% -136.24% -404.43%
Depreciation, Depletion And Amortization $95.10M $87.81M $67.73M
YoY Change 98.13% 109.07% -21.79%
Cash From Operating Activities $119.7M $36.60M $67.50M
YoY Change 131.53% -6.39% -20.87%
INVESTING ACTIVITIES
Capital Expenditures -$66.60M -$33.30M -$111.0M
YoY Change 5.38% 12.88% 77.6%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$14.60M $293.0M
YoY Change -100.0% -13418.18%
Cash From Investing Activities -$66.60M -$47.90M $182.0M
YoY Change 5.05% 62.93% -380.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.200M 22.50M -184.0M
YoY Change -3.03% -803.13% 1446.22%
NET CHANGE
Cash From Operating Activities 119.7M 36.60M 67.50M
Cash From Investing Activities -66.60M -47.90M 182.0M
Cash From Financing Activities -3.200M 22.50M -184.0M
Net Change In Cash 49.90M 11.20M 65.50M
YoY Change -432.67% 72.31% 661.63%
FREE CASH FLOW
Cash From Operating Activities $119.7M $36.60M $67.50M
Capital Expenditures -$66.60M -$33.30M -$111.0M
Free Cash Flow $186.3M $69.90M $178.5M
YoY Change 62.14% 1.9% 20.77%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019 dei Entity Central Index Key
EntityCentralIndexKey
0001724965
CY2019 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019 talo Period Of Cumulative Income Position
PeriodOfCumulativeIncomePosition
P3Y
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OperatingLeaseLiabilityCurrent
CY2019Q4 us-gaap Finance Lease Liability Current Statement Of Financial Position Extensible List
FinanceLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesCurrent
CY2019Q4 us-gaap Finance Lease Liability Noncurrent Statement Of Financial Position Extensible List
FinanceLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
us-gaap:OtherLiabilitiesNoncurrent
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019 dei Document Annual Report
DocumentAnnualReport
true
CY2019 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2019 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2019Q2 dei Entity Public Float
EntityPublicFloat
481140961
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
87022000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
139914000
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1248000
CY2019Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
6346000
CY2018Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
19686000
CY2019Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
116000
CY2018Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
10701000
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1836000
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7644000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
293984000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
416846000
CY2019Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
4066260000
CY2018Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
3629430000
CY2019Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
194532000
CY2019 dei Security Exchange Name
SecurityExchangeName
NYSE
CY2019 dei Document Transition Report
DocumentTransitionReport
false
CY2019 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 3300
CY2019 dei Entity Registrant Name
EntityRegistrantName
Talos Energy Inc.
CY2019 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2019 dei Entity Address City Or Town
EntityAddressCityOrTown
Houston
CY2019 dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
CY2019 dei Local Phone Number
LocalPhoneNumber
328-3000
CY2019 dei Security12b Title
Security12bTitle
Common Stock
CY2019 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2019 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
54204730
CY2019 dei Entity Small Business
EntitySmallBusiness
false
CY2019 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019 dei Entity File Number
EntityFileNumber
01-38497
CY2019 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
82-3532642
CY2019 dei Entity Address Address Line1
EntityAddressAddressLine1
333 Clay Street
CY2019 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
77002
CY2019 dei City Area Code
CityAreaCode
713
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
81595000
CY2019Q4 us-gaap Liabilities
Liabilities
1511205000
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
270000000
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54197004
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54197004
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
542000
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1346142000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-268407000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1078277000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2589482000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
213094000
CY2019 us-gaap Interest Expense
InterestExpense
97847000
CY2018 us-gaap Interest Expense
InterestExpense
90114000
CY2019 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-95337000
CY2018 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
60435000
CY2017 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-27563000
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2678000
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1012000
CY2019 dei Entity Shell Company
EntityShellCompany
false
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-62868000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
107842000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
103025000
CY2019Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
16552000
CY2018Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
20244000
CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
8393000
CY2018Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
75473000
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
65877000
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
38911000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7779000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
54375000
CY2019Q4 us-gaap Assets
Assets
2589482000
CY2018Q4 us-gaap Assets
Assets
2479986000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
71357000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
51019000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
154816000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
188650000
CY2019Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
31729000
CY2018Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
38520000
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
61051000
CY2019Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
19476000
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10249000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1594000
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20180000
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
22071000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
370452000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
380418000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
732981000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
654861000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
308427000
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
313852000
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
511000
CY2019 us-gaap Revenues
Revenues
927620000
CY2018 us-gaap Revenues
Revenues
891288000
CY2017 us-gaap Revenues
Revenues
412828000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
345931000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
288719000
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
157352000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
34389000
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
85816000
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36673000
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
367528000
CY2018Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
108209000
CY2019Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
29843000
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
443000
CY2018Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
68965000
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
33191000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4290635000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3770830000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2065023000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1719609000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2225612000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2051221000
CY2019Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
7732000
CY2018Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
9224000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2695000
CY2018Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
550000
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10200000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
17239000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
123359000
CY2018Q4 us-gaap Liabilities
Liabilities
1472490000
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
30000000
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
270000000
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54155768
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54155768
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
542000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1334090000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-327136000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1007496000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2479986000
CY2019 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
12221000
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
35344000
CY2017 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
19295000
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
77209000
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
714526000
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
638159000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
253129000
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
45300000
CY2017 us-gaap Interest Expense
InterestExpense
80934000
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
329000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22588000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
224462000
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-62868000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-36141000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2922000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
58729000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
221540000
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.81
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.01
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.81
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.01
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54185000
CY2019 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
463409000
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4253000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46058000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31244000
CY2017 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2383000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
6964000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2893000
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
875000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54413000
CY2019 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-95337000
CY2018 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
60435000
CY2019 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
333000
CY2017 talo Impairment Of Oil And Gas Properties And Other Well Equipment
ImpairmentOfOilAndGasPropertiesAndOtherWellEquipment
260000
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5207000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46061000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31244000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
6986000
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1795000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-62868000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
-54087000
CY2018 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
-325000
CY2018 talo Exchanges For Debt
ExchangesForDebt
102000000
CY2018 talo Stockholders Equity After Business Combination
StockholdersEquityAfterBusinessCombination
731964000
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6404000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
221540000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1007496000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12385000
CY2019 us-gaap Profit Loss
ProfitLoss
58729000
CY2018 us-gaap Profit Loss
ProfitLoss
221540000
CY2017 us-gaap Profit Loss
ProfitLoss
-62868000
CY2019 talo Depreciation Depletion Amortization And Accretion Expense
DepreciationDepletionAmortizationAndAccretionExpense
380320000
CY2018 talo Depreciation Depletion Amortization And Accretion Expense
DepreciationDepletionAmortizationAndAccretionExpense
324063000
CY2017 talo Depreciation Depletion Amortization And Accretion Expense
DepreciationDepletionAmortizationAndAccretionExpense
176647000
CY2019 talo Impairment Of Oil And Gas Properties And Other Well Equipment
ImpairmentOfOilAndGasPropertiesAndOtherWellEquipment
12386000
CY2018 talo Impairment Of Oil And Gas Properties And Other Well Equipment
ImpairmentOfOilAndGasPropertiesAndOtherWellEquipment
244000
CY2017 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-27563000
CY2019 talo Payments For Proceeds From Settled Derivative Instruments Operating Activities
PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities
-8820000
CY2018 talo Payments For Proceeds From Settled Derivative Instruments Operating Activities
PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities
-111147000
CY2017 talo Payments For Proceeds From Settled Derivative Instruments Operating Activities
PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities
23834000
CY2019 us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
75331000
CY2018 us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
112946000
CY2017 us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
32573000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-5788000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
786000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9132000
CY2019 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
15114000
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
2624000
CY2017 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
4441000
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
7523000
CY2018 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-48825000
CY2017 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2409000
CY2019 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-35459000
CY2018 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
32044000
CY2017 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
46364000
CY2019 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
43797000
CY2018 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-15171000
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets And Liabilities Net
IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
-4732000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
393733000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
263445000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
176053000
CY2019 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
25000000
CY2018 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
240914000
CY2017 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
155177000
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
100664000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
37916000
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-278409000
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2464000
CY2019 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
5369000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-495956000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
37495000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-157641000
CY2019 talo Repayments Of Senior Notes And Other Long Term Debt
RepaymentsOfSeniorNotesAndOtherLongTermDebt
10567000
CY2018 talo Repayments Of Senior Notes And Other Long Term Debt
RepaymentsOfSeniorNotesAndOtherLongTermDebt
25257000
CY2017 talo Repayments Of Senior Notes And Other Long Term Debt
RepaymentsOfSeniorNotesAndOtherLongTermDebt
1000000
CY2019 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
110000000
CY2018 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
319000000
CY2017 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
10000000
CY2018 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
54000000
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1963000
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
17002000
CY2019 talo Other Deferred Payments
OtherDeferredPayments
9921000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
14133000
CY2018 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12952000
CY2017 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12412000
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
333000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48083000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-193211000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18412000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-54140000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
107729000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
141162000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33433000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33433000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
87022000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
141162000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33433000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
90956000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
40626000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
62571000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
53476000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
47994000
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7300000
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
16900000
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
9900000
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8700000
CY2019Q4 talo Income Tax Refund Claims
IncomeTaxRefundClaims
18000000.0
CY2019 talo Capitalized Overhead Costs
CapitalizedOverheadCosts
28200000
CY2018 talo Capitalized Overhead Costs
CapitalizedOverheadCosts
21900000
CY2017 talo Capitalized Overhead Costs
CapitalizedOverheadCosts
13700000
CY2019 talo Fair Value Of Asset Retirement Obligations Acquired
FairValueOfAssetRetirementObligationsAcquired
5047000
CY2019 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
200000
CY2018 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
200000
CY2017 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
300000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
308427000
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
214733000
CY2018 talo Fair Value Of Asset Retirement Obligations Acquired
FairValueOfAssetRetirementObligationsAcquired
244766000
CY2019 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
75331000
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.28%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Consisting principally of cash and cash equivalents, restricted cash, accounts receivable and commodity derivatives, the Company is subject to concentrated financial instruments credit risk.</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.28%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Cash and cash equivalents and restricted cash balances are maintained in financial institutions, which at times, exceed federally insured limits. The Company monitors the financial condition of these institutions and has not experienced losses on these accounts. </p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.28%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Commodity derivatives are entered into with registered swap dealers, the majority of which participate in the Company’s senior reserve-based revolving credit facility (the “Bank Credit Facility”). The Company monitors the financial condition of these institutions and has not experienced losses due to counterparty default on these instruments.</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.28%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The Company markets substantially all of its oil and natural gas production, and all of its revenues are attributable to the U.S. The majority of the Company’s oil, natural gas and NGL production is sold to customers under short-term (less than 12 months) contracts at market-based prices. The Company’s customers consist primarily of major oil and natural gas companies, well-established oil and pipeline companies and independent oil and gas producers and suppliers. The Company performs ongoing credit evaluations of its customers and provide allowances for probable credit losses when necessary. The percent of consolidated revenue of major customers, those whose total represented 10% or more of the Company’s oil, natural gas and NGL revenues, was as follows:</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-size:6pt;"> </p> <div> <table border="0" cellpadding="0" cellspacing="0" style="margin:auto;border-collapse:collapse; width:100%;"> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:57.48%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="10" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:40.1%; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Year Ended December 31,</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:57.48%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2019</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt transparent;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2018</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1.38%; border-top:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%; border-top:solid 0.75pt #000000; border-bottom:solid 0.75pt #000000;" valign="bottom"> <p style="text-align:center;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">2017</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;width:1%; border-bottom:solid 0.75pt transparent;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;font-weight:bold;color:#000000;font-size:8pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> <tr> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:57.48%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Shell Trading (US) Company</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">58</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">65</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%; border-top:solid 0.75pt #000000;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">80</p></td> <td style="background-color:#CFF0FC;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> </tr> <tr> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:57.48%;" valign="top"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Phillips 66</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">28</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:10.76%;white-space:nowrap;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">18</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">%</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1.38%;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> <td colspan="2" style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:11.76%;" valign="bottom"> <p style="text-align:right;margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**</p></td> <td style="background-color:#FFFFFF;padding-left:0pt;padding-Right:0.75pt;padding-Top:0.75pt;padding-Bottom:0pt;width:1%;white-space:nowrap;" valign="bottom"> <p style="margin-bottom:0pt;margin-top:0pt;margin-left:0pt;;text-indent:0pt;;color:#000000;font-size:1pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"> </p></td> </tr> </table></div> <p style="border-bottom:Solid 0.75pt;padding-bottom:1pt;margin-bottom:0pt;margin-top:0pt;margin-right:85.4%;text-indent:0%;font-size:6pt;"> </p> <div style="align:left;"> <table border="0" cellpadding="0" cellspacing="0" style="border-collapse:collapse; width:100%;"> <tr> <td style="width:3.88%;white-space:nowrap" valign="top"> <p style="text-align:justify;margin-top:2pt;margin-bottom:0pt;font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;"><span style="font-size:8pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">**</span></p></td> <td valign="top"> <p style="text-align:justify;margin-top:2pt;margin-bottom:0pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;font-family:Times New Roman;font-size:8pt;">less than 10% </p></td></tr></table></div> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:5.28%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The loss of a major customer could have material adverse effect on the Company in the short term. However, the Company believes it would be able to obtain other customers to market its oil, natural gas and NGL production.</p>
CY2018 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1013184000
CY2017 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
712648000
CY2018 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
274577000
CY2017 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-100980000
CY2018 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
5.07
CY2017 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-1.86
CY2018 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
5.07
CY2017 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
-1.86
CY2019 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
194532000
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
382817000
CY2018 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
112946000
CY2019 talo Fair Value Of Asset Retirement Obligations Divested
FairValueOfAssetRetirementObligationsDivested
5450000
CY2019Q4 talo Finance Lease Right Of Use Asset Gross
FinanceLeaseRightOfUseAssetGross
124299000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
34389000
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
35344000
CY2019 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
4111000
CY2018 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
358000
CY2019 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
23895000
CY2018 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
562000
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
369478000
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
382817000
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
61051000
CY2018Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
68965000
CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
17509000
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
62026000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
79535000
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
313852000
CY2016Q3 us-gaap Capital Lease Obligations
CapitalLeaseObligations
124300000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18800000
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
19115000
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
3261000
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
85865000
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
11000
CY2019 us-gaap Lease Cost
LeaseCost
108252000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7779000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1594000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
17239000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18833000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2744000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
33257000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4079000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
33257000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4302000
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
33257000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4239000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
15790000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
34469000
CY2019Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
113628000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
15636000
CY2019Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
34093000
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.5999
CY2019Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
13857000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3315000
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.102
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.219
CY2018 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-9980000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
18833000
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
79535000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y4M24D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y4M24D
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
19115000
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
14133000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
1812000
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2225000
CY2019 talo Payments For Proceeds From Settled Derivative Instruments Operating Activities
PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities
-8820000
CY2018 talo Payments For Proceeds From Settled Derivative Instruments Operating Activities
PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities
-111147000
CY2017 talo Payments For Proceeds From Settled Derivative Instruments Operating Activities
PaymentsForProceedsFromSettledDerivativeInstrumentsOperatingActivities
23834000
CY2019 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-86517000
CY2018 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
171582000
CY2017 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-51397000
CY2019 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-95337000
CY2018 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
60435000
CY2017 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-27563000
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0130
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
672495000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
13947000
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
746928000
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
17191000
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
732981000
CY2018Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
655304000
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
443000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
732981000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
654861000
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4300000
CY2019 us-gaap Debt Instrument Redemption Description
DebtInstrumentRedemptionDescription
The indenture governing the 11.00% Notes applies certain limitations on the Company’s ability and the ability of its subsidiaries to, among other things, (i) incur additional indebtedness or issue certain preferred shares; (ii) pay dividends and make certain other restricted payments; (iii) create restrictions on the payment of dividends or other distributions to the Company from its restricted subsidiaries; (iv) create liens on certain assets to secure debt; (v) make certain investments; (vi) engage in sales of assets and subsidiary stock; (vii) transfer all or substantially all of its assets or enter into merger or consolidation transactions; and (viii) engage in transactions with affiliates. The 11.00% Notes contain customary quarterly and annual reporting, financial and administrative covenants. The Company was in compliance with all debt covenants at December 31, 2019.
CY2019Q4 talo Deferred Tax Assets Other Well Equipment Inventory
DeferredTaxAssetsOtherWellEquipmentInventory
10014000
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
12924000
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
6509000
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
1795000
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5960000
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3616000
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
920000
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6964000
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2893000
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
875000
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
437000
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1183000
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1345000
CY2019 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
1620000
CY2018 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
1345000
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-37131000
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
1064000
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-630000
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
513000
CY2019 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-37761000
CY2018 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
1577000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-36141000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2922000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
4744000
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
47137000
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-22004000
CY2018Q4 talo Deferred Tax Assets Other Well Equipment Inventory
DeferredTaxAssetsOtherWellEquipmentInventory
12901000
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
642000
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
-22004000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1396000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
11738000
CY2018 talo Income Tax Reconciliation Foreign Income Taxes
IncomeTaxReconciliationForeignIncomeTaxes
1008000
CY2019 talo Income Tax Reconciliation Permanent Differences
IncomeTaxReconciliationPermanentDifferences
340000
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-4948000
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
432000
CY2019 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
-1950000
CY2018 us-gaap Income Tax Reconciliation Prior Year Income Taxes
IncomeTaxReconciliationPriorYearIncomeTaxes
417000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
137000
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
800000
CY2018 talo Income Tax Rate Reconciliation Change In Status
IncomeTaxRateReconciliationChangeInStatus
-35925000
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Restructuring Charges
IncomeTaxReconciliationNondeductibleExpenseRestructuringCharges
39336000
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-75196000
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-32665000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-36141000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2922000
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
38900
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
131204000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
117546000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
2316000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
2303000
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
24270000
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
23542000
CY2019Q4 talo Deferred Tax Assets Asset Retirement Obligations
DeferredTaxAssetsAssetRetirementObligations
89059000
CY2018Q4 talo Deferred Tax Assets Asset Retirement Obligations
DeferredTaxAssetsAssetRetirementObligations
95546000
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
449000
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
12000
CY2018Q4 talo Deferred Tax Assets Interest
DeferredTaxAssetsInterest
33867000
CY2019Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
2794000
CY2019Q4 talo Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Bonus
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedBonus
3753000
CY2018Q4 talo Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Bonus
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedBonus
4042000
CY2019Q4 talo Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
2317000
CY2018Q4 talo Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
2509000
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7004000
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
273180000
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
292268000
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
19118000
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
94085000
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
254062000
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
198183000
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
211216000
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
179780000
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
DeferredTaxLiabilitiesDeferredExpenseDeferredFinancingCosts
3752000
CY2019Q4 talo Deferred Tax Liabilities Operating Lease Assets
DeferredTaxLiabilitiesOperatingLeaseAssets
1814000
CY2018Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
18246000
CY2019Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
3419000
CY2018Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
3371000
CY2019Q4 us-gaap Assets Current
AssetsCurrent
293984000
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
360000
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
220201000
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
202039000
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
33861000
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3856000
CY2019Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
19100000
CY2018Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
94100000
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
360000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
8000
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
360000
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
423000
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
791000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
58729000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
221540000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-62868000
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54185000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
46058000
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31244000
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
228000
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
3000
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54413000
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46061000
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31244000
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.81
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.01
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.81
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.01
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4220000
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3538000
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4282000
CY2019Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
116000
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
1836000
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
20180000
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
370452000
CY2019Q4 us-gaap Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
89694000
CY2019Q4 us-gaap Contractual Obligation
ContractualObligation
89694000
CY2019 us-gaap Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
1
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
87022000
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
107842000
CY2019Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
16552000
CY2019Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
6346000
CY2019Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
8393000
CY2019Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
65877000
CY2019Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
4066260000
CY2019Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
194532000
CY2019Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
29843000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4290635000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2065023000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2225612000
CY2019Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
7732000
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7779000
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
54375000
CY2019Q4 us-gaap Assets
Assets
2589482000
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
71357000
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
154816000
CY2019Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
31729000
CY2019Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
61051000
CY2019Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
19476000
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10249000
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1594000
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
732981000
CY2019Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
308427000
CY2019Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
511000
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
17239000
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
81595000
CY2019Q4 us-gaap Liabilities
Liabilities
1511205000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1078277000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2589482000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
139914000
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
1248000
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
103025000
CY2018Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
20244000
CY2018Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
19686000
CY2018Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
75473000
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
38911000
CY2018Q4 us-gaap Income Tax Receivable
IncomeTaxReceivable
10701000
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
7644000
CY2018Q4 us-gaap Assets Current
AssetsCurrent
416846000
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
22071000
CY2018 us-gaap Revenues
Revenues
891288000
CY2018Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
3629430000
CY2018Q4 us-gaap Capitalized Costs Unproved Properties
CapitalizedCostsUnprovedProperties
108209000
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
33191000
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3770830000
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1719609000
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2051221000
CY2018Q4 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
9224000
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2695000
CY2018Q4 us-gaap Assets
Assets
2479986000
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
51019000
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
188650000
CY2018Q4 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
38520000
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
443000
CY2018Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
68965000
CY2018Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
550000
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
10200000
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
380418000
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
654861000
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
313852000
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
123359000
CY2018Q4 us-gaap Liabilities
Liabilities
1472490000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1007496000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2479986000
CY2019 us-gaap Revenues
Revenues
927620000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
345931000
CY2019 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
12221000
CY2019 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
34389000
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
77209000
CY2019 us-gaap Costs And Expenses
CostsAndExpenses
714526000
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
213094000
CY2019 us-gaap Interest Expense
InterestExpense
97847000
CY2019 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-95337000
CY2019 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2678000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-36141000
CY2019 us-gaap Net Income Loss
NetIncomeLoss
58729000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
288719000
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
35344000
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
85816000
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
638159000
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
253129000
CY2018 us-gaap Interest Expense
InterestExpense
90114000
CY2018 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
60435000
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1012000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2922000
CY2018 us-gaap Net Income Loss
NetIncomeLoss
221540000
CY2017 us-gaap Revenues
Revenues
412828000
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
157352000
CY2017 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
19295000
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36673000
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
367528000
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
45300000
CY2017 us-gaap Interest Expense
InterestExpense
80934000
CY2017 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-27563000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
141162000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-193211000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
107729000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33433000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
141162000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
176053000
CY2017 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
155177000
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2464000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-157641000
CY2017 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
1000000
CY2017 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
10000000
CY2017 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
15000000
CY2017 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
12412000
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
329000
CY2017 us-gaap Net Income Loss
NetIncomeLoss
-62868000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
393733000
CY2019 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
463409000
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
37916000
CY2019 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
5369000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-495956000
CY2019 talo Repayments Of Senior Notes And Other Long Term Debt
RepaymentsOfSeniorNotesAndOtherLongTermDebt
10567000
CY2019 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
110000000
CY2019 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
25000000
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1963000
CY2019 talo Other Deferred Payments
OtherDeferredPayments
9921000
CY2019 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
14133000
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
333000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48083000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-54140000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
87022000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
263445000
CY2018 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
240914000
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-278409000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
37495000
CY2018 talo Repayments Of Senior Notes And Other Long Term Debt
RepaymentsOfSeniorNotesAndOtherLongTermDebt
25257000
CY2018 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
319000000
CY2018 us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
54000000
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
17002000
CY2018 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
12952000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18412000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33433000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
33433000
CY2019Q1 us-gaap Revenues
Revenues
178713000
CY2019Q2 us-gaap Revenues
Revenues
286810000
CY2019Q3 us-gaap Revenues
Revenues
228857000
CY2019Q4 us-gaap Revenues
Revenues
233240000
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
18369000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
94872000
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
52883000
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
46970000
CY2019Q1 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-109579000
CY2019Q2 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
29990000
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
91361000
CY2019Q4 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-59508000
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54200000
CY2019Q3 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
43760000
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.02
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.74
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54156000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54178000
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
73973000
CY2018Q1 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-51976000
CY2018Q2 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-91176000
CY2018Q3 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
-53330000
CY2018Q4 us-gaap Gain Loss From Price Risk Management Activity
GainLossFromPriceRiskManagementActivity
256917000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
-22943000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-74912000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
13109000
CY2019Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
4066260000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
-109636000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
94764000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
73297000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
304000
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.02
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.75
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54203000
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54156000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54451000
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54430000
CY2019Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54559000
CY2018Q1 us-gaap Revenues
Revenues
145850000
CY2018Q2 us-gaap Revenues
Revenues
203906000
CY2018Q3 us-gaap Revenues
Revenues
282868000
CY2018Q4 us-gaap Revenues
Revenues
258664000
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
48584000
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
39211000
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
306286000
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.73
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.69
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.66
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.73
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.69
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
5.66
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31244000
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44336000
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54156000
CY2018Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54156000
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31244000
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44336000
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54164000
CY2018Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54159000
CY2018Q4 talo Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows Before Income Taxes
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlowsBeforeIncomeTaxes
5564776000
CY2018Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
3629430000
CY2019Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
194532000
CY2017Q4 talo Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows Before Income Taxes
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlowsBeforeIncomeTaxes
2670190000
CY2019Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
2051856000
CY2018Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
1709614000
CY2018 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
5.6
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
662317000
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
862473000
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
0
CY2019Q4 talo Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows After Income Taxes
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlowsAfterIncomeTaxes
3391856000
CY2018Q4 talo Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows After Income Taxes
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlowsAfterIncomeTaxes
4702303000
CY2017Q4 talo Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows After Income Taxes
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlowsAfterIncomeTaxes
2670190000
CY2018Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
108209000
CY2019Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
4260792000
CY2018Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
3737639000
CY2018 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
16.7
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
854261000
CY2019Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2208936000
CY2018Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2028025000
CY2019Q4 us-gaap Amortization Expense Per Physical Unit Of Production
AmortizationExpensePerPhysicalUnitOfProduction
18.05
CY2018Q4 us-gaap Amortization Expense Per Physical Unit Of Production
AmortizationExpensePerPhysicalUnitOfProduction
17.07
CY2017 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
12.5
CY2017 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
10.5
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1362057000
CY2018 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
215467000
CY2017 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
114846000
CY2019 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
545430000
CY2018 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
1224825000
CY2017 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
204619000
CY2018Q4 talo Percentage Of Proved Oil Natural Gas And Ngl Reserves Attributable To All Of Oil And Natural Gas Properties
PercentageOfProvedOilNaturalGasAndNGLReservesAttributableToAllOfOilAndNaturalGasProperties
1
CY2019Q4 talo Percentage Of Proved Oil Natural Gas And Ngl Reserves Attributable To All Of Oil And Natural Gas Properties
PercentageOfProvedOilNaturalGasAndNGLReservesAttributableToAllOfOilAndNaturalGasProperties
1
CY2017 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-5.1
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
7151875000
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
8654631000
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
862521000
CY2019Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
369500000
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
382800000
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
27660000
CY2018 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
850515000
CY2017 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
1108000
CY2019 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
16062000
CY2018 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
65063000
CY2017 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
5778000
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
43722000
CY2018 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
915578000
CY2017 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
6886000
CY2019 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
209161000
CY2018 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
93780000
CY2017 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
82887000
CY2019 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
292547000
CY2017Q4 talo Percentage Of Proved Oil Natural Gas And Ngl Reserves Attributable To All Of Oil And Natural Gas Properties
PercentageOfProvedOilNaturalGasAndNGLReservesAttributableToAllOfOilAndNaturalGasProperties
1
CY2019Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
10.0
CY2019 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
19.0
CY2019 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-9.7
CY2019 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
15.7
CY2018Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
51.1
CY2018 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
62.8
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
4308863000
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
1633432000
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
1740850000
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
815509000
CY2019Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1464270000
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1349005000
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
823164000
CY2019Q4 talo Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows Before Income Taxes
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlowsBeforeIncomeTaxes
4054173000
CY2019 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
665226000
CY2018 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
727969000
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2537595000
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3340246000
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1807669000
CY2019 talo Discounted Future Net Cash Flows Discounting Rate Used To Derive Standard Measure Of Discounted Future Net Cash Flows
DiscountedFutureNetCashFlowsDiscountingRateUsedToDeriveStandardMeasureOfDiscountedFutureNetCashFlows
0.10
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3340246000
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1807669000
CY2016Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1336035000
CY2018 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-585017000
CY2019 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
75009000
CY2017 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
288942000
CY2019 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-849696000
CY2018 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
1578330000
CY2017 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
555100000
CY2019 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-75564000
CY2018 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
32328000
CY2017 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-156282000
CY2019 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
117049000
CY2018 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
45937000
CY2017 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
146687000
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
392526000
CY2018 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
180767000
CY2017 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
133603000
CY2019 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
129590000
CY2018 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
943519000
CY2019 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
306515000
CY2018 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
148068000
CY2017 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
328565000
CY2019 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-199576000
CY2018 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
190853000
CY2017 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-113629000
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-33278000
CY2018 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-274239000
CY2017 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-133468000
CY2019Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2537595000
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
3340246000
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1807669000

Files In Submission

Name View Source Status
0001564590-20-010495-index-headers.html Edgar Link pending
0001564590-20-010495-index.html Edgar Link pending
0001564590-20-010495.txt Edgar Link pending
0001564590-20-010495-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
giqfaojbfand000001.jpg Edgar Link pending
giqfaojbfand000002.jpg Edgar Link pending
giqfaojbfand000003.jpg Edgar Link pending
giqfaojbfand000004.jpg Edgar Link pending
gjkjt1ydneaz000001.jpg Edgar Link pending
gjkjt1ydneaz000002.jpg Edgar Link pending
gjkjt1ydneaz000003.jpg Edgar Link pending
gxk3p0hqp2c3000001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
R93.htm Edgar Link pending
R94.htm Edgar Link pending
R95.htm Edgar Link pending
R96.htm Edgar Link pending
R97.htm Edgar Link pending
R98.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
talo-10k_20191231.htm Edgar Link pending
talo-10k_20191231_htm.xml Edgar Link completed
talo-20191231.xsd Edgar Link pending
talo-20191231_cal.xml Edgar Link unprocessable
talo-20191231_def.xml Edgar Link unprocessable
talo-20191231_lab.xml Edgar Link unprocessable
talo-20191231_pre.xml Edgar Link unprocessable
talo-ex211_9.htm Edgar Link pending
talo-ex231_10.htm Edgar Link pending
talo-ex232_11.htm Edgar Link pending
talo-ex311_8.htm Edgar Link pending
talo-ex312_7.htm Edgar Link pending
talo-ex321_6.htm Edgar Link pending
talo-ex412_310.htm Edgar Link pending
talo-ex991_440.htm Edgar Link pending