VOL. XL

No. 6

10-February-1997

ALGERIA

Rhourde El Baguel Constitutes Major Play For Arco In 1996

The Los Angeles-based Atlantic Richfield Company (Arco) announced on 5 February that it was able last year to book 218mn barrels of oil equivalent (boe) reserves from the Rhourde El Baguel field , marking the largest contribution from any of its global operations. World-wide, Arco added 468mn boe to proved reserves last year while producing 353mn boe. "Arco's international oil and gas unit replaced...