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Asset Report

Eridu (Block 10)

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14 December 2022

Eridu (Block 10)

Report summary

The Eridu field is located 150 kilometres west of Basra in the prolific Widyan Basin. Block 10, which contains the Eridu field, was awarded to LUKOIL and INPEX Corporation in July 2012 as part of the fourth licensing round and the field was discovered in February 2017, flowing 8,000 b/d of sweet oil from the Mishrif formation. Six successful appraisal wells have been drilled so far. In May 2021 LUKOIL and Iraq's Ministry of Oil reached a provisional agreement to start production at ...

Table of contents

  • Key facts
    • Summary
    • Key issues
      • Issues common to the southern Iraq oil developments
      • Issues specific to Eridu
  • Location maps
  • Participation
  • Geology
  • Well data
  • Exploration
  • Reserves and resources
  • Production
    • Signature bonus
    • Training fee
    • Infrastructure fund
    • Service fees
    • Cost oil
    • Remuneration fees
    • Corporation tax
    • Cash flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Global Economic Model (GEM) file
    • Indicative technical valuations

Tables and charts

This report includes 8 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Eridu Map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Fiscal and regulatory: Table 1
  • Economic analysis: Table 1

What's included

This report contains:

  • Document

    Eridu (Block 10)

    PDF 7.32 MB

  • Document

    Eridu (Block 10)

    XLS 169.50 KB