Middle East Economic Survey

VOL. XLVII

No 41

11-October-2004

EGYPT

RWE Deas Ras Fanar Appraisal Well Boosts Reserves

RWE Dea announced in August that its RF-B10 appraisal well on its Ras Fanar concession in the Gulf of Suez had boosted reserves in the field by 16mn barrels. The well was the first to be drilled to the west of the main field bounding fault since the field started oil production in 1984. The German company said the whole structure was now subject to further investigation and was...