Eni signs PSC for three shallow-water fields offshore Mexico
MEXICO CITY -- Eni and the Comisión Nacional de Hidrocarburos of Mexico (CNH) have signed a production sharing contract (PSC) for the development and exploitation of Amoca, Miztón and Tecoalli oil fields, in the Bay of Campeche, offshore Mexico.
Eni was awarded the rights for the development and exploitation of the three fields, located inside "Area 1," on Sept. 30 following an international tender.
The fields, which are close to shore, are in conventional waters at a depth of 20-40 m.
According to the official estimates by the CNH, the combined oil volumes in place for the three fields amount to approximately 800 MMbbl of oil and 480 Bcf of associated gas.
Eni will now proceed with the delineation campaign for the fields by drilling four new wells, with the target of identifying a synergic and fast track development plan.
