By John Lee.
Russia's Lukoil and Japan's Inpex have successfully completed the testing of the first exploratory well, Eridu 1, at Block 10 in Basra governorate.
The well recorded a daily flow rate of more than 1,000 cubic meters of sweet oil from Mishrif horizon, confirming geological expectations of a large hydrocarbon field presence within the Block 10 contract area.
Geological exploration at the block is in progress: work program for 2017 includes the drilling and testing of an appraisal well Eridu 2.
Lukoil has a 60-percent stake in Block 10, with Inpex owning 40 percent.
(Sources: Lukoil, Inpex, Ministry of Oil)
(Picture: Seismic study at Block 10)
the Block 10 is located in Samawa 70% & Nasiryah 30% Provinces and it follow administratively to South Oil Company SOC.