Arco Dubai Spuds New Well
Arco Dubai, a subsidiary of Atlantic Richfield, has started drilling a newexploratory well in onshore Dubai. The well, Khabis-1, is located in a newstructure, quite distinct from Arco's Margham onshore field which producesgas/condensate. According to industry sources the seismic data on the newdrilling site is promising. The Margham field, which has 16 producing wells, wasdiscovered in 1982 and came on stream in October 1984 with a...