VOL. XLI

No. 37

14-September-1998

EGYPT

Repsol Group To Raise Khalda's Production To 45,000 B/D By End 1999

Partners Repsol, Apache and Novus will spend $100mn over the next two years to increasecrude oil production from their Khalda concession in Egypt's Western Desert, the companiesannounced on 8 September. The partners plan to drill 36 development wells, recomplete 30wells and conduct 24 fracture stimulations over the next 12 months. The new budgetrepresents a doubling of the previously...