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Eni’s 200m barrel find in Mexico

Eni’s 200m barrel find in Mexico

 

Eni has made an oil find in Upper Miocene sequences on the Sayulita Exploration Prospect in Block 10 in the mid-deepwater of the Cuenca Salina Sureste Basin, offshore Mexico.

According to preliminary estimates the new find may contain between 150 and 200 million boe in place.

Sayulita-1 EXP, which has led to the find, is the seventh successful well drilled by Eni offshore Mexico in the Cuenca Salina/Sureste Basin and the second commitment well of Block 10. It is located approximately 70 km off the coast and just 15 km away from the previous oil discovery of Saasken, which will be appraised toward the end of 2021. The well was drilled by the Valaris 8505 semi-submersible rig in a water depth of 325 m, reaching a total depth of 1758 m ssl.

Sayulita-1 EXP found 55 m of net pay of good quality oil in the Upper Miocene sequences. The reservoirs show excellent petrophysical properties. An intensive data collection has been carried out on the well and the data acquired indicate a production capacity for the well of up to approximately 3000 bpd.

The successful result, coming after the 2020 discovery of well Saasken 1 EXP, opens up the potential commercial outcome of Block 10, since several other prospects located nearby may be clustered in a synergic development.

The Block 10 joint venture is composed of Eni (operator, 65%), Lukoil (20%) and Capricorn, a wholly-owned subsidiary of Cairn Energy PLC (15%).

Read the latest issue of the OGV Energy magazine HERE.  

Published: 02-08-2021

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