Lukoil has finished its 2D seismic survey at Block 10 in southern Iraq.
The seismic survey began in April 2014,covering 2,000 kilometres.
The data will now be processed and interpreted to identify promising sites for exploration drilling.
The mandatory geologic exploration program at Block 10 has a five-year time frame with a potential two year extension, including drilling one exploration well in addition to the 2D sesimic survey.
Block 10 covers a total area of 5,600 square kilometres and is located on the territory of Dhi Qar and Mutanna provinces, 120km west of Basra.
Lukoil was granted the right to conduct exploration, development and production operations at Block 10 as a results of a licensing round held in 2012.
A 25 year service contract with a potential five year extension was signed on November 7, 2012.
Lukoil, as operator, has a 60% share while Japanese INPEX Corporation has a 40% interest.
The Contract holder from the Iraqi side is the state-owned South Oil Company.