Lukoil makes oil discovery on Block 10 in southern Iraq

PJSC Lukoil and partner Inpex Corp. reported making an oil discovery with the Eridu 1 well on Block 10 in southern Iraq that tested more than 8,000 b/d from the Mishrif horizon.

Block 10 is 150 km west of Basra and covers 5,600 sq km. Rights to explore the block were awarded in the fourth petroleum licensing round in 2012. A 2D seismic survey was conducted on the block in 2014 (OGJ Online, Apr. 11, 2014).

Operator Lukoil Overseas Iraq Exploration BV has 60% and Inpex South Iraq Ltd. has 40%.

Plans for 2017 include drilling and testing the Eridu 2 appraisal well.