(Source: Shutterstock.com)
Eni announced on March 17 its Yatzil exploration well in the Mexican Gulf of Mexico found an estimated 200 MMboe of reserves in place.
The new find in Block 7 is about 25 km away from other discoveries, and contributes to the potential cluster development of several prospects nearby, the operator said in a press release.
The Valaris DPS5 semi drilled the well in the Sureste Basin in 815 ft water depth to 8,008 ft total depth. The well found more than 130 ft of net pay sands with good quality oil in the Upper Miocene sequences. Eni said extensive subsurface data collection confirmed the oil had excellent petrophysical properties.
The Yatzil-1 EXP well was Eni’s eighth successful well in the Sureste Basin. It was also the second commitment well in Block 7. Eni had previously reported the the Saasken and Sayulita discoveries in Block 10.
Eni operates Block 7 with 45% interest on behalf of partners Capricorn with 30% and Citla Energy with 25%.
Recommended Reading
Aris CEO Brock Foresees Consolidation as Need for Water Management Grows
2025-02-14 - As E&Ps get more efficient and operators drill longer laterals, the sheer amount of produced water continues to grow. Aris Water Solutions CEO Amanda Brock says consolidation is likely to handle the needed infrastructure expansions.
Halliburton, Sekal Partner on World’s First Automated On-Bottom Drilling System
2025-02-26 - Halliburton Co. and Sekal AS delivered the well for Equinor on the Norwegian Continental Shelf.
E&P Highlights: March 3, 2025
2025-03-03 - Here’s a roundup of the latest E&P headlines, from planned Kolibri wells in Oklahoma to a discovery in the Barents Sea.
How DeepSeek Made Jevons Trend Again
2025-03-25 - As tech and energy investors began scrambling to revise stock valuations after the news broke, Microsoft Corp.’s CEO called it before markets open: “Jevons paradox strikes again!”
TGS to Reprocess Seismic Data in India’s Krishna-Godavari Basin
2025-01-28 - TGS will reprocess 3D seismic data, including 10,900 sq km of open acreage available in India’s upcoming 10th Open Acreage Licensing Policy (OALP) bid round blocks.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.