VOL. XXXII

NO. 31

8-MAY-1989

EGYPT

Amoco's Share of Gupco Production Down 8% in 1988

Amoco's share of Gupco's oil production averaged 145,300 b/d in 1988, an 8%decline from 1987, reflecting the maturing of the company's fields in the Gulfof Suez, according to Amoco's 1988 Annual Report. Amoco's partner in Gupco isthe Egyptian General Petroleum Corporation (EGPC).

In 1988 Amoco drilled or recompleted 54 development and extension wells inEgypt, primarily in the Morgan and Ramadan fields in the Gulf...