Campeche Bay Discovery Hits 40 m of Net Pay In Orca, 27 m In Cinco Presidentes
Drilling Activity Details
Drilling Activity Summary
Description
Rome-based Eni completed #2-Tecoalli, an offshore Mexico well in Campeche Bay, offshore Mexico. The well was drilled in 33 m of water and reached a final depth of 4,420 m. It hit approximately 40 m of net oil pay in Orca, with excellent quality sandstone reservoirs. The well was then deepened to the Cinco Presidentes exploratory target and encountered an additional 27 m of net oil pay. A production test will now be conducted and the well will be temporarily abandoned. The find is in Area 1 between Tecoalli Field and Amoca Field. The discovery increases the in-place hydrocarbon estimate from 1.4 Bbbl to 2 Bbbl, of which approximately 90% is oil and the remaining is associated gas. Eni is working on a development plan, and first production is expected in 2019.
Rome-based Eni completed #2-Tecoalli, an offshore Mexico well in Campeche Bay, offshore Mexico. The well was drilled in 33 m of water and reached a final depth of 4,420 m. It hit approximately 40 m of net oil pay in Orca, with excellent quality sandstone reservoirs. The well was then deepened to the Cinco Presidentes exploratory target and encountered an additional 27 m of net oil pay. A production test will now be conducted and the well will be temporarily abandoned. The find is in Area 1 between Tecoalli Field and Amoca Field. The discovery increases the in-place hydrocarbon estimate from 1.4 Bbbl to 2 Bbbl, of which approximately 90% is oil and the remaining is associated gas. Eni is working on a development plan, and first production is expected in 2019.