Reliance invites 3D bids for GS-01 block in Saurashtra

Vol 7, PW 23 (11 Feb 04) News in Brief
     

On 3rd February, Reliance invited bids from international seismic companies to shoot a 1,200-sq km 3D survey on its GS-01 block in the Saurashtra basin offshore Indias west coast.

We understand Schlumberger subsidiary Western Geco and French company CGG are likely to bid. All our boats are equipped to shoot 3D data, says a CGG source.

Its more than likely we will bid for the Reliance tender. Western Geco is currently shooting 3D for Reliance on the east coast and is also interested.

We are comfortable working with Reliance, reveals a company source. However, American firm Veritas is likely to stay away from the tender.

We dont have any spare boats, reveals a source. All our boats are occupied.

Veritas is presently shooting a 2D survey for Reliance at its two Kerala Konkan basin blocks. Reliance plans to open the bids within a few days and will award the tender by the end of this month.