Eni finds oil in Saasken prospect offshore Mexico

Feb. 17, 2020
Eni has discovered oil in the Saasken prospect in the Sureste basin 65 km (40.4 mi) offshore Mexico.

Offshore staff

SAN DONATO MILANESE, Italy – Eni has discovered oil in the Saasken prospect in the Sureste basin 65 km (40.4 mi) offshore Mexico.

The semisubmersible Valaris 8505 drilled the Saasken-1 NFW well in 340 m (1,116 ft) of water in block 10 in the mid-deepwater of the Cuenca Salina. Initial analysis indicates an in-place resource of 200-300 MMbbl.

This was Eni’s sixth successive drilling success in the Sureste basin. The well penetrated 80 m (262 ft) of net pay of good-quality oil in the Lower Pliocene and Upper Miocene intervals, with good petrophysical properties.

Data collected from the well suggest it could potentially deliver more than 10,000 b/d.

Eni added that there were various other prospects nearby which could be combined in a cluster development.

The company and partners Lukoil and Capricorn (a subsidiary of Cairn Energy) plan to appraise the discovery and initiate studies for a commercial development.

Elsewhere offshore Mexico Eni is currently producing around 15,000 boe/d from Area 1, building toward a plateau of 100,000 boe/d during the first half of 2021. In addition, it plans exploration campaign on its other Mexican licenses.

02/17/2020