Eni produces first oil from Miztón field offshore Mexico

Italian oil company Eni has started the early production phase from the Miztón field in Area 1, located in the Campeche Bay offshore Mexico, making Eni the first international company to start offshore production in Mexico after the Energy Reform.

Sapura 3500 DP3 Heavy Lift Vessel during installation of Mizton topside

Eni installed the Miztón platform offshore Mexico, making it the first foreign offshore oil asset installation in Mexico, in April 2019. The installation was completed by Sapura Energy’s Sapura 3500 DP3 heavy lift vessel

Announcing the production start on Tuesday, Eni said that this was the first step in the development of Area 1, estimated to hold 2.1 billion of oil equivalent in place (90% oil) in the Amoca, Miztón and Tecoalli fields.

Eni acquired Area 1 in a competitive bid round in September 2015.

Production from the Miztón field platform, located in 34 meters of water depth, is sent through a multi-phase sealine to Eni’s Onshore Receiving Facility (ORF) in Sanchez Magallanes, State of Tabasco.

After separation at ORF, production is delivered to Pemex’s San Ramón plant for treatment. According to Eni, production has started from the Mitzón 2 well that has shown a very good productivity index; the early production phase now is expected to produce up to 15,000 barrels of oil per day.

Full field production will start in early 2021 utilizing a Floating Production, Storage and Offloading facility (FPSO) and reaching a plateau of 100,000 barrels of oil equivalent per day. The Plan of Development for Area 1 also includes two additional platforms on the Amoca field and one on the Tecoalli field.

Eni Chief Executive Officer Claudio Descalzi commented: “We have achieved production startup in less than two and half years after Eni started its first well in Area 1 and in less than one year from the approval of the Plan of Development. This is in line with the expectations of the Mexican Government to increase the country’s overall production. Eni is the first international company to start offshore production in Mexico after the Energy Reform, and we look forward to continue working with the Mexican authorities.”