In 2018, we completed drilling in Area 1, in the Gulf of Mexico, 200 km west of Ciudad del Carmen and more than 30 m under water. We are focusing our activities on licences where we have a 100 per cent share, with development work ongoing at Amoca, Miztón and Tecoalli. In July 2019, we launched the early production phase at the field in Miztón. This is the first step in developing an area with a total of 2.1 billion barrels of oil equivalent, of which 90 per cent is oil, across the three fields. The Miztón 2 well, where early production has started, has shown excellent prospects and will produce up to 25,000 barrels of oil a day in this phase. Full production will begin in the fourth quarter of 2021, when we will set up a floating production, storage and offloading (FPSO) unit and reach a ceiling of 100,000 barrels of oil equivalent per day. The development plan for Area 1 involves building and installing three more platforms in the fields at Amoca and Tecoalli.
We report the rapid production ramp-up of the hub in 2020, from 4 kboe a day in 2019 to 14 kboe a day, up by 200%. The development activities concern the full field development program of the operated license Area 1 (Eni’s interest 100%), already in production. Development drilling activities are ongoing and during 2020 were completed producing wells which were linked to the Miztón production platform. A subsequent development phase of the project includes the production start-up of the Amoca discovery by means of the installation of a new leased production platform. During the year, the FEED phase for these two production platforms started up.
In January 2022 the MIAMTE Floating Production, Storage and Offloading (FPSO) vessel arrived in Mexico. The FPSO is part of the Area 1 development Project and will allow to achieve the final production configuration. The MIAMTE will be connected to the Mooring System and the integrated commissioning activities will be commenced. The FPSO has an oil treatment capacity of 90 kbopd. Its construction involved 5 construction yards in 3 different countries including Mexico.
In February 2022 Miamte FPSO started hydrocarbon production at the Miztón field, within the Development Project in Area 1. The FPSO will allow to increase the country’s production with an economical benefit for Mexico. Following the first hydrocarbon introduction into the FPSO and two more platforms start-up in Amoca and Tecoalli fields, production will ramp up till the full field development will be completed by 2024. The FPSO has an oil treatment capacity of 90 kbopd and gas treatment capacity of 75MMscfd.
