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.
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