BAKU, Azerbaijan, Aug.2
By Sadraddin Aghjayev – Trend:
Russian Lukoil PJSC will start preparing a plan for assessing the discovery and identifying potential reserves for commercial development in connection with the announced finding of an oil deposit in the Sayulita prospecting area of Block 10 offshore Mexico, following the drilling of an exploratory well, Trend reports referring to the company.
According to preliminary estimates, the initial geological reserves of the new deposit may contain up to 200 million barrels of oil equivalent.
The company noted that the Sayulita-1 EXP well is the second successful well drilled by the PJSC in partnership with the Eni operator on Block 10.
"The well is located about 70 kilometers off the coast and just 15 kilometers away from the Saasken field discovered on Block 10 in 2020, which will be evaluated by the end of the year. The well was drilled by the Valaris 8505 Semisub semi-submersible platform, and the water depth in its area is 325 meters. The final depth of the well was 1,758 meters subsea level," the company said.
During the drilling there have been found 55 meters of oil net pay with excellent reservoir properties in the Upper Miocene sequences, added the company.
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