Drilling Report

Total Fina Elf.
21 November 2001


FIRST PRODUCTION FROM THE NUGGETS FIELDS IN THE NORTH SEA

Paris, November 21, 2001 - TotalFinaElf announces that the first of the Nuggets 
fields has come onstream, 20 months after project sanction. Nuggets is a group 
of four gas-bearing accumulations, 100% owned by TotalFinaElf, located in the 
northern North Sea, some 400km northeast of Aberdeen on the UK Continental 
Shelf. First production from Nuggets N1 will shortly be followed by Nuggets N2, 
then N3.

The Nuggets N1, N2 and N3 accumulations have been developed as a cluster of four
sub-sea wells through a 54-km tie-back to the Alwyn North installations, with 
controls being provided via the Dunbar platform.

Altogether, the three Nuggets accumulations will produce 165 million standard 
cubic feet of gas per day (29,500 barrels of oil equivalent per day), thereby 
optimising the use of Alwyn's processing capacity. Gas produced at Nuggets will 
co-mingle with gas from the Alwyn Area for export through the Frigg 
Transportation System to the St. Fergus terminal in Scotland. A further 
development of the Nuggets N4 accumulation is expected to be tied-back at a 
later stage.

The combined Nuggets N1, N2 and N3 development costs amount to a total of £128 
million, constituting the largest Alwyn Area development since the sanction of 
the Dunbar field in 1993.