Oil Discovery by Eni in Offshore Mexico Block 10

Drilling Activity Details

Locations

,
Mexico

Operators
Post Date
Shore Type
Well Name
#1-Saasken NFW
Geo Coordinate

Drilling Activity Summary

Description

At the Saasken Exploration Prospect in offshore Mexico’s Block 10, Rome-based Eni announced a new discovery in the mid-deep water of the Cuenca Salina in the Sureste Basin. According to preliminary estimates, the new discovery may contain between 200 and 300 MMbbl of oil in place. The discovery well, #1-Saasken NFW, is the sixth consecutive successful well drilled by Eni in the Sureste Basin. Area water depth is 340 m. The 3,830-m well encountered 80 m of net pay of good quality oil in Lower Pliocene and Upper Miocene sequences with excellent petrophysical properties in the reservoir. Current data indicates that the production capacity of the well is more than 10 Mbbl per day. The Block 10 partners are Eni (operator with a 65% stake), Lukoil (20%) and Capricorn (15%). Additional appraisal work is planned.