Lukoil starts 2D seismic survey on Block 10 in Iraq
OAO Lukoil has started a 2D seismic survey on Block 10 in southern Iraq that is expected to cover 2,000 km within 16 months. BGP Inc. is the seismic contractor.
Block 10 is in Dhi Qar and Mutanna provinces, 120 km west of Basra. Lukoil Overseas has a 60% share of the block and Inpex Corp. has 40%. The contract holder is Iraq’s state-run South Oil Co.
Lukoil was granted exploration and production rights in Block 10 during a licensing round in June 2012.
In addition to the seismic survey, the Mandatory Geologic Exploration Program includes drilling one exploration well.