Company Report

Eni oil and gas exploration summary

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- Available as part of a subscription
- FAQ's about online orders

09 July 2018

Eni oil and gas exploration summary

Report summary

The last three years have been transformational for Eni. It has become a more integrated oil and gas company with long-term production growth, a re-structured mid- and downstream-sector, and an improved cost base. It has successfully built a high-margin portfolio of  long-life upstream projects. This has been possible because it has achieved outstanding exploration success over the last three years, and over the past decade as a whole has added 15 bnboe of conventional new resource organically. World-class exploration success in Mozambique, the eastern Mediterranean and West Africa has strengthened long-term production, and delivered a conventional reserves replacement performance second to none amongst the Majors. Our report provides details of Eni's successful conventional exploration strategy and forward plans.

Table of contents

  • Executive summary
    • Upstream strategy and exploration outlook
  • Investment and costs
    • Well data
  • Reserves and resources
  • Production
    • Tremendous success in Mozambique has delivered excellent volumes and value
    • Zohr transforms Egyptian gas market and regional exploration
    • West Africa continues to be a core
    • A global deepwater presence
    • Perla a world-class discovery in Venezuela
    • Eni has shifted its focus in Europe to higher value opportunities
    • Mexico

Tables and charts

This report includes 23 images and tables including:

  • Basins drilled and major discoveries 2008-2017
  • Ten year performance summary
  • Exploration & appraisal spend and reinvestment
  • Exploration & appraisal spend by water depth
  • Exploration & appraisal spend by basin maturity
  • Discovery costs by water depth
  • Top 40 discoveries (2008 to 2017)
  • Volumes discovered by year
  • Volumes discovered by water depth
  • Volumes discovered by country
  • Volumes discovered by basin
  • Production from new field discoveries and organic unconventionals, and as a proportion of all future production
  • Full-cycle economics
  • Strategy: Table 1
  • Net active exploration acreage by water depth
  • Net active exploration acreage by country
  • Gross exploration & appraisal wells by basin and sector
  • Exploration wells drilled and spend per well
  • Exploration success rates
  • Full cycle value creation by year (conventional only)
  • Exploration returns by year (conventional only)
  • Value creation by reserve category
  • Value creation by water depth

What's included

This report contains:

  • Document


    XLS 295.47 KB

  • Document

    Eni oil and gas exploration summary

    PDF 459.06 KB

  • Document

    Eni oil and gas exploration summary

    ZIP 671.91 KB