Eni has started the early production phase from the Mizton field in Area 1, located in the Campeche Bay offshore Mexico, according to Eni's statement on Tuesday.
This phase represents the first step in the Area 1 development, estimated to hold 2.1 billion of oil equivalent barrels in place (90% oil) in the Amoca, Mizton and Tecoalli fields, the company said.
Eni acquired Area 1 in a competitive bid round in September 2015.
"Production has started from the Mitzon 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," Eni stated.
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.
In May 2019, Eni signed a Memorandum of Understanding with the Tabasco State Government aimed at identifying and developing educational, health and socioeconomic projects, in order to cooperate and contribute to state plans of improving the conditions of the more disadvantaged communities in the Tabasco State.
By Gulsen Cagatay