Egypt Registers Ten Oil And Gas Discoveries In 1Q 98
Egypt made 10 oil and gas discoveries in the first quarter of 1998, which tested at acombined rate of 26,465 b/d of crude oil and condensate and 102mn cubic feet daily (cfd)of gas. Egyptian Minister Hamadi al-Banbi reported details of the finds to the Egyptiancabinet on 2 May. These are as follows:
North October 159-5 in Gupco's (EGPC-Amoco) North October concession in the Gulf of Suez encountered four pay...