VOL.XXXIXNo.65/66

23/30-December-1996QATAR

ProductionFrom Al-Rayyan Field Rises To 32,000 B/D Arco of the US - the operator of Qatar's offshore al-Rayyan oil field -announced on 12 December that production from the field has now reached 32,000b/d. The concession is owned by a joint venture comprising Arco (operator with a27.5% stake), Gulfstream Resources Canada Ltd. 27.5%),British Gas (25%) and Germany's Wintershall (15%) and Preussag Energie (5%). Itshould be noted that al-Rayyan's crude...