Situated in the Contractual Area 1, the well is said to upgrade the resource potential of the area to over 1.4 billion barrels of oil equivalent (BOE).
The well, which is located at 33 meters of water depth and 10 km from the Amoca discovery, achieved a final depth of 3,430 meters. It encountered 185 meters of net oil pay in the Orca formation, which featured advanced quality sandstone reservoirs,
According to the company, the well data indicate a single 280 meters thick oil column and oil gravity is estimated at 28-30 °API.
Eni has conducted borehole data study, as well as fluid and rock sampling campaign for the well. The company will temporarily suspend the well.
The exploration campaign will be continued with the drilling of a well on the Tecoalli discovery.
Miztón field’s exploitation will be placed in the development plan of Area 1. It is expected to contain 350 million BOE.
With plans to start in early 2019, Eni is also preparing the development plan for the phase 1 of the Amoca field to submit to the local authorities for approval.
Eni signed three new exploration and production licenses for 7, 10 and 14 blocks situated in the Sureste Basin. These licenses were secured under the first competitive bid round of the Ronda 2.
Eni México is the operator of the block 7 with 45% stake, while Cairn holds 30% stake and Citla owns 25% interest in the well.
Eni México has 100% stake in block 10, as well owns 60% interest in block 14. Citla owns remaining 40% stake in block 14.
