Italy’s Eni SpA, one of Mexico’s leading private sector oil producers, has found more oil and natural gas offshore Mexico.

Its most recent find was in the Yatzil exploration prospect in Block 7, located in the mid-deep water of the Cuenca Salina in the Sureste Basin in the Gulf of Mexico. Eni thinks there are about 200 million boe in place.

Yatzil-1 EXP is the second well on Block 7 and the eighth successful well drilled by Eni in the Sureste Basin. It is located approximately 65 km, or 40 miles, off the coast, and 25-30 km away from the company’s other discoveries.

The find comes on the heels of the Saasken and Sayulita discoveries in Block 10 and adds “to the potential synergic cluster development of several prospects located nearby,” Eni said.

Block 7 is...