Lukoil and Inpex Corporation announced Tuesday that they have successfully completed testing of the fifth well as part of the appraisal phase at the Eridu field (Block 10) in the southern part of Iraq.
The well recorded daily flow rate of more than 1,500 cubic meters of oil from the Mishrif formation and proved the current geological model of the Eridu field as effective, Lukoil said.
Lukoil said it continues geological exploration at Block 10.
In the mid-term, Lukoil said it plans to drill and test several appraisal wells, complete 3D seismic surveys at the Eridu field and 2D seismic surveys at the block’s southern and central parts.
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