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Eni boosts Mexico Area 1 reserves

Written by  OE Staff Tuesday, 26 September 2017 10:31

Italian major Eni is pushing forward with its exploration efforts offshore Mexico after drilling its latest successful well and signing three new licenses won during Round 2.1 back in June. 

The firm also says its preparing a development plan for the phase 1 of the Amoca field (early production), which will be submitted to Mexico's National Hydrocarbons Commision (CNH) for approval, with start-up in early 2019.

With its latest exploration well, Eni has upped its reserves for the Miztón discovery. The well, Miztón-2, in the shallow waters of Campeche Bay, boosts estimates of the resource in place for Eni's Contractual Area 1 to more than 1.4 billion boe, says the Italian major. 

The well, about 200km west of Ciudad del Carmen, 10km from the Amoca discovery, in 33m water depth, reached a final depth of 3430m, encountering 185m of net oil pay in the Orca Formation, with "excellent quality sandstone reservoirs." Eni says well data indicate a single 280m-thick oil column with 28-30 °API gravity oil.

The Miztón field is now estimated to contain 350 MMboe in place. A development plan will be included in the development plan of Area 1 (Eni 100%).

Eni says its exploration campaign will now continue with the drilling of a well on the Tecoalli discovery.

Eni today has also signed three new exploration and production licenses won during Round 2.1. They are for Blocks 7, 10 and 14, all in the Sureste Basin. 

The joint ventures of the new blocks are: Block 7 Eni México 45% (operator), Cairn 30%, Citla 25%; Block 10 Eni México 100%; Block 14 Eni México 60% (operator), Citla 40%.

Map from Eni.

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