Asset Report
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. The Eridu 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 and key issues
- 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
- Costs
-
Fiscal and regulatory
- Signature bonus
- Training fee
- Infrastructure fund
- Service fees
- Cost oil
- Remuneration fees
- Corporation tax
-
Economic assumptions
- Cash flow
- Discount rate and date
- Inflation rate
- Oil price
- Global Economic Model (GEM) file
- Economic analysis
Tables and charts
This report includes 20 images and tables including:
- Key facts: Table 1
- Index Map
- Eridu Map
- Participation: Table 1
- Well data: Table 1
- Reserves and resources: Table 1
- Reserves and resources: Table 2
- Production: Table 1
- Production Profile
- Costs: Table 1
- Costs: Table 2
- Costs: Table 3
- Cash flow
- Economic analysis: Table 2
- Economic analysis: Table 3
- Split of Revenues
- Cumulative Net Cash Flow - Undiscounted
- Cumulative Net Cash Flow - Discounted at 10% from 01/01/2023
- Remaining PV Price Sensitivities
- Fiscal and regulatory: Table 1
What's included
This report contains:
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