Drilling Report

Total Fina Elf.
12 June 2002



Qatar: Extension of the development of the Al Khalij field

Paris, June 12, 2002 - TotalFinaElf and Qatar Petroleum, the Qatari national oil
company, announce the approval of the North development plan of the Al Khalij
field located on Block 6, offshore Qatar, in water depths of approximately 60
metres. The Al Khalij field has been in production since March 1997 and
currently produces more than 40,000 barrels of oil per day; its production
should be increased to 60,000 barrels per day upon completion of the drilling
campaign currently underway.

The development of the northern area will then increase the daily production
capacity of the field to 80,000 barrels of oil. The investment, which will
target new reservoirs in the field, is in the range of 150 million dollars.

First oil from the new facilities is planned for beginning 2004.

Along with the development of the northern area, TotalFinaElf has been granted
the rights to appraise and develop an extension of the field located to the
north of Block 6. An appraisal well will be drilled in 2003 in this extension in
case of a success.

As recently announced by the Group, TotalFinaElf is now holding 100% on the
Alkhalij field after acquisition of the Agip's interest.




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