VOL. XXXIII
NO. 31
7-MAY-1990
Egypt
Amoco's Share of Gupco Production Down 4% in 1989
Amoco's share of Gupco's oil production averaged 141,000 b/d in 1989, a 4%decline from 1988, reflecting the continuation of the normal depletion of thecompany's maturing fields in Egypt, according to Amoco's 1989 Annual Report.Amoco's partner in Gupco is the Egyptian General Petroleum Corporation (EGPC).Gupco's total production is averaging about 450,000 b/d.
To arrest the decline, the company drilled a total of...
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