Eni gets Mexican approval for Amoca

Published

Mexico’s National Hydrocarbons Commission (CNH) has approved Italian giant Eni to drill a well in the shallow waters of the Gulf of Mexico, according to news reports.

Image from Eni.

Drilling at the Amoca 2 well is scheduled to begin on 1 December, and set to end in March 2017.

Amoca 2 is 27m (88.6ft) below the water surface, and 2.1km away from the original Amoca 1 well, where Eni expects to extract medium crude, CNH said.

In December, Eni announced it would begin an exploration drilling campaign in three fields in the Bay of Campeche, offshore Mexico. Fields include Amoca, Miztón and Tecoalli.

Eni’s plans for the area include a delineation campaign by drilling four new wells, targeting a synergic and fast track development plan.

Combined, the fields are estimated to hold 800 MMbo and 480 Bcf of associated gas.

The fields were awarded during Mexico’s phase two of Round One, held on 30 September. Eni was the highest bidder on Block 1, containing the three fields, with a bid that contained 83% profit share to the state, and a 33% increase in investment.

Read more:

Eni to drill off Mexico

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