UAE

BP to Spud Second Exploratory well in Dubai Concession

British Petroleum (BP) has announced that early in January it plans to drill a second exploratory well in its Dubai onshore concession, some 40 kms. southwest of the Margham field. The first well Bill Gittier No. 1 which was completed last August has yielded "promising" results which are yet to be evaluated. The onshore concession covering some 165,000 acres was granted to BP in October 1982 (MEES, 18 October 1982 and 28...