Independent gas and oil companies must be held together with solid leadership and a spread of assets. Talos Energy has both of these things and has the ability to remain flexible and innovative compared to larger gas and oil companies, which fracture their leadership and spread out the workload among a group of isolated workers. A grasp of the workings behind the E&P sector along with an understanding of finances is a must in the sector, and Talos manages to have both of these. Talos Energy was co-founded in 2012 by Tim Duncan who is known as an “oil man” who has been working in the industry for many years.
He studied at Mississippi State University where he majored in petroleum engineering and was honored as a Distinguished Fellow of the College of Engineering in 2012. He continued his education at the University of Houston where he earned an MBA in its Bauer Executive Program. Duncan served the Phoenix Exploration Company as its senior vice president of business development for five years and was a large part of its successful sale to the Apache Corporation. Tim Duncan then moved on to Talos Energy and took his team with him. He is known for making risky projects work out and gives credit to his team where credit is due.
Talos Energy has received plenty of praise and awards, and one of these was being named as the #1 Top Workplace in the Houston area for companies under 150 employees by the Houston Chronicle. Tim Duncan was pointed out as being the EY Entrepreneur of the Year for the Energy & Energy Services sector in the Gulf Coast area.Stephen Heitzman is another Talos Energy co-founder and serves as the company’s executive vice president and chief operating officer. He is a large part of the company’s daily operations and draws on four decades of expertise in the upstream energy sector. John A. Parker is also a co-founder of Talos Energy and is the company’s executive vice president of exploration. He attended the University of New Orleans and Louisiana State University and received a Master’s of Science in earth science along the way.