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Debt (Tables)
6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
Summary of Detail Comprising Debt and Related Book Values

A summary of the detail comprising the Company’s debt and the related book values for the respective periods presented is as follows (in thousands):

 

Maturity Date

June 30, 2026

 

December 31, 2025

 

9.000% Second-Priority Senior Secured Notes

February 1, 2029

$

625,000

 

$

625,000

 

9.375% Second-Priority Senior Secured Notes

February 1, 2031

 

625,000

 

 

625,000

 

Revolving credit facility

January 20, 2030

 

 

 

 

Total debt, before deferred financing cost

 

 

1,250,000

 

 

1,250,000

 

Unamortized deferred financing cost, net

 

 

(21,236

)

 

(23,811

)

Total debt(1)

 

$

1,228,764

 

$

1,226,189

 

 

(1)
As of June 30, 2026, the Company was in compliance with all debt covenants.
Summary of Redemption Prices of 8.000% Notes Thereafter, Talos Production may redeem all or a portion of the 8.000% Notes in whole at any time or in part from time to time at the following redemption prices (expressed as percentages of the principal amount) plus accrued and unpaid interest if redeemed during the period commencing on July 15 of the years set forth below:

Period

 

Redemption Price

 

2029

 

 

104.000

%

2030

 

 

102.000

%

2031 and thereafter

 

 

100.000

%