LNG

July 9 (LNGJ) - Italian major Eni has made an oil and natural gas discovery at the Yopaat-1 exploration well in Block 9 offshore Mexico. The preliminary estimates indicate discovered potential of around 300 million to 400 million barrels of oil equivalents of crude and associated gas in place.

   The Mexico discovery is located about 63 kilometres (40 miles) offshore in the mid-deep water of the Sureste Basin. Eni said the well has been drilled in a water depth of 525 metres and reached a total depth of 2,931 metres, finding about 200 metres net pay of hydrocarbon bearing sands. Block 9 is a 50-50 joint venture with Eni as operator and partnered by Spanish energy company Repsol.