VOL. XXXV

NO. 24

16-MARCH-1992

Egypt

Gulf of Suez Oil Discovery for Gupco

Gupco (EGPC/Amoco) has made a substantial oil discovery in a new structure inthe Gulf of Suez. The well, GS 315-4, which was drilled to a depth of about11,800 ft., has tested at a rate of 8,970 b/d. The new structure is located nearGupco's producing Badri field (GS 315) which was discovered in 1981.