Eni: new oil discovery offshore Mexico

(CercleFinance.com) - Eni announces a new discovery in Block 7 offshore Mexico.


According to preliminary estimates, the new discovery could contain approximately 200 million barrels of oil equivalent.

The Block 7 commitment well is found 65 km offshore and 25-30 km from other discoveries. The well was drilled by the Valaris DPS5 Semisub rig to a water depth of 284 metres and reached a total depth of 2,441 metres.

This successful result comes after the Saasken and Sayulita discoveries in Block 10 and confirms the value of Eni's Mexican asset portfolio, contributing to the potential development of a synergistic cluster of several nearby prospects.

The Block 7 joint venture is composed of Eni - the operator with a 45% interest - Capricorn (30%) and Citla Energy (25%).


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