ENI finds oilfield in Mexico with reserves of up to 200 million barrels

ENI finds oilfield in Mexico with reserves of up to 200 million barrels

The well was drilled by the Valaris 8505 Semisub platform in a water depth of 325 meters, reaching a total depth of 1,758 meters.

Sayulita-1 EXP found 55 meters of net production of good quality oil and the data acquired indicates a production capacity of the well of up to approximately 3,000 barrels of oil per day.

In the note, ENI explained that Mexico “is a central country in the company’s future organic growth strategy” and that “currently produces more than 20,000 barrels of oil per day from Area 1 and expects to increase to 65,000 barrels per day in 2022 and reach an average of 90,000 in 2025 ”.

With information from EFE