A new well pad was commissioned at the West Qurna-2 oil field in Iraq. Production rate of the first two wells of the new well pad is fully in line with the preliminary forecasts.
LUKOIL Mid-East Limited sponsored international scientific conference dedicated to intellectual and cultural heritage of Northern part of Basra province, which is believed to be one of the most ancient human settlements.
has signed contracts on the
performance of 3D and 2D seismic surveys at the earlier discovered
Eridu field and at
Block 10’s southern and central parts, previously not part of the survey.
LUKOIL has completed a field 3D seismic survey at West Qurna-2 field in
Company has fulfilled all of its contractual obligations to the Ministry
of Oil of Iraq.
Minister of Oil of Iran Bijan Namdar Zangeneh held a meeting with the President of LUKOIL Vagit Alekperov. The parties discussed potential involvement of the company in projects in Iran and other important issues, related to the development of global oil market.
LUKOIL has applied innovative technologies for examination of core samples of the West Qurna-2 field. The results of the experiment will be used to elaborate on reservoir
porosity and permeability, develop a more accurate reservoir model of
the Mishrif formation, and thus secure better efficiency of its
LUKOIL and INPEX have successfully completed the testing of the first exploratory well, Eridu 1, at Block 10 in southern Iraq. The well recorded daily flow rate of more than 1,000 cubic meters of sweet oil from Mishrif horizon.
Minister of Oil of Iraq Jabbar Ali Hussain Allibi and
President of LUKOIL Vagit Alekperov have had a meeting as part of the OPEC
summit. The discussion centered on prospects of the joint projects in Iraq,
including West Qurna-2 fields, and on coordination of efforts of the oil market
players to ensure the market balance in the medium term.
Since its launch in March 2014, cumulative production of Iraq’s West Qurna-2 field, operated by PJSC LUKOIL, exceeded 30 million tonnes of oil.
Iraqi Prime Minister Haider Al-Abadi visited the West Qurna-2 oilfield, which is being developed by PJSC LUKOIL as operator.