Fossil energy – Gulf of Mexico
Russian oil major Lukoil announced a new oil finding in the Sayulita prospecting area of Block 10 offshore Mexico following the drilling of an exploratory well.
According to preliminary estimates, the initial geological resources of the new accumulation may contain up to 200 mln barrels of oil equivalent in place.
“The Sayulita-1 EXP well is the second consecutive successful well drilled by the company in partnership with the operator Eni as part of its Block 10 commitments,” the company said.
According to the press release, it is located approximately 70 kilometres off the coast and just 15 km away from the previous oil discovery of Saasken (2020) that will be appraised toward year-end.
The drilling area’s water depth is 325 meters and the final well depth is 1,758 meters subsea level.
The reserves are estimated at between 150 and 200 million barrels of oil equivalent.
The previous oil finding was made in February this year, when the found reserves were estimated at up to 300 million barrels.