The discovery was made in the TAL Block in Pakistan, MOL says.
The company put proven reserves at between 3 and 10 million standard cubic meters of recoverable oil equivalent based on preliminary estimates.
The automated integration of Petro.ai with Amazon S3, AWS Lambda, and AWS VPC minimizes time spent loading, normalizing, and managing data while providing the elastic compute power required for modern analytics at enterprise scale.
The well hit a 152-m thick gas column in the Messinian age sandstones of the Abu Madi Formation with excellent petrophysical properties, Eni said in a news release.
The discovery well HZ26-6-1 was drilled and completed at a depth of 4,276 m and encountered oil and gas pay zones.
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U.S. tight rock oil production exceeded 9 million barrels per day in March, according to the U.S. Energy Information Administration. The story began 20 years ago in Richland County, Mont., with a prospector, two wildcatters, Halliburton and a bold venture: land a lateral in the middle Bakken—and frac it.
The oil was found in the Buzios oil field offshore Brazil.
The consortium said in a statement that the find was in the Polok-1 and Chinwol-1 wells, located in Block 29 of the Salina Basin, off the southeastern states Veracruz and Tabasco.
The company estimates the well, which was drilled to a measured depth of 7,245 feet, encountered about 24 billion cubic feet equivalent of recoverable gas and condensate resources.