VOL. XLI

No. 43

26-October-1998

ALGERIA

Production At Rhourde El-Baguel Reaches 50,000 B/D

Atlantic Richfield Company (Arco) reported on 22 October thatproduction at the Rhourde El-Baguel field in Algeria increased to 50,000 b/d in the thirdquarter of 1998, up from 42,000 b/d in the first half of the year (MEES, 3 August).Arco's share of the production (49%) was 21,200 b/d in the first nine months of 1998, ascompared to 15,300 b/d for the same period in 1997.

Arco signed in February 1996 a $1.3bn...