Middle East Economic Survey


No 35



Gulf Keystone Abandons RTBW-1 Exploration Well

US-UAE joint venture Gulf Keystone Petroleum on 17 August said that it had completed the RTBW-1 exploration well and would abandon it. The well was drilled in the southwest area of Block 126 in the Constantine Basin in northeast Algeria. RTBW-1 had been drilled and logged to a depth of 3,100ms. This well confirms Gulf Keystones geologic theory of a new play on Block 126a, as well as...