VOL. XLI

No. 31

3-August-1998

ALGERIA

Arcos Production From Rhourde El-Baguel Averages 42,000 B/D In1H98

MEES understands that Arcos crude oil production from theRhourde El-Baguel field during first-half 1998 averaged 42,000 b/d compared toapproximately 31,000 b/d in the same period last year. Arcos share of the production(49%) was 20,600 b/d during first-half 1998 compared to 14,400 b/d in first-half 1997.

Arco signed in February 1996 a $1.3bn agreement to carry out anenhanced oil recovery (EOR)...