Miztón well increases resource potential in Area 1 offshore Mexico

Eni has successfully delineated its Miztón oil discovery in the shallow waters of the Campeche Bay offshore Mexico.

Miztón-2 in Contractual Area 1 in the shallow waters of the Campeche Bay offshore Mexico
Miztón-2 in Contractual Area 1 in the shallow waters of the Campeche Bay offshore Mexico

Offshore staff

SAN DONATO MILANESE, ItalyEni has successfully delineated its Miztón oil discovery in the shallow waters of the Campeche Bay offshore Mexico.

Miztón-2, located in Contractual Area 1, about 200 km (124 mi) west of Ciudad del Carmen, in 33 m (108 ft) of water depth and 10 km (6.2 mi) from theAmoca discovery, reached a final depth of 3,430 m (11,253 ft), encountering 185 m (610 ft) of net oil pay in the Orca formation, characterized by excellent quality sandstone reservoirs.

Well data indicate a single 280-m (919-ft) thick oil column, and oil gravity is estimated at 28-30° API. Eni added that borehole data acquisition together with a fluid and rock sampling campaign was carried out.

The exploitation of the Miztón field, which is now estimated to contain 350 MMboe in place, will be included in the development plan of Area 1, which is now estimated to contain more than 1.4 Bboe in place.

Eni said that the well will be temporarily suspended as the company continues its exploration campaign with the drilling of a well on the Tecoalli discovery.

Eni holds a 100% stake in Area 1 and is preparing the development plan for Phase 1 of theAmoca field (early production), which will be submitted to the approval of the local authorities (Comisión Nacional de Hidrocarburos), with start-up in early 2019.

In addition, as a result of thefirst competitive bid round of the Ronda 2, Eni has signed three new exploration and production licenses for blocks 7, 10 and 14, all located in the Sureste basin.

The joint ventures of the new blocks consist of:

  • Block 7: Eni México 45% (operator), Cairn 30%, and Citla 25%
  • Block 10: Eni México 100%
  • Block 14: Eni México 60% (operator), and Citla 40%.

09/26/2017

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