The Rome-based multinational oil and gas company has finally drilled oil from its source in the Campeche Bay, offshore Mexico, the well the company called Amoca-2 has numerous places to where oil can be collected. Since the 2014 Energy Reform, Eni has changed its process of exploration thru a "Dual Exploration Model" that focuses on an orthodox way of oil exploration. With the use of high initial stakes and operatorship, it has proven to be more efficient and has provided revenue to the company.

In a recent report from WorldOil, Amoca-2 well is situated on a rented area in the Campeche Bay, 1,200 km west of Ciudad Del Carmen with a water depth of only 25 m. The well was dug deep into the sea bed at 3,500 m and at 110 m, a considerable amount of oil can be found at the Pliocene reservoir sandstones. The explored oil was of good quality with a manifestation of 18° API oil in the shallower formations, while the newly discovered deeper sandstones contain high-quality light oil.

According to reports from Financial Times, the oil beneath the sea has a thickness of 65 m which is considered to be very important. Although Eni is not the only company drilling for oil, the Italian multinational company already has the edge over the others. With Eni's discovery that oil is present on deeper levels of undrilled spots, it has given credit to the new energy reform that opens Mexico to exploration by a private company since 2013.

The Eni S.p.A will continue their exploration with Amoca-3 well then Miztón-2 and Tecoalli-2 delineation wells adding up to the new discoveries and to search for more oil reservoir on new undrilled pools. Chief executive of Eni, Claudio Descalzi has high hopes that it will be able to produce oil in three years' time. The discovery in Mexico came in after Claudio Descalzi was designated for another three-year term by the Italian government.