GAIL to shoot 3D in Cambay Basin

Vol 16, PW 14 (07 Feb 13) News in Brief
     

GAIL will invite EoIs by end-February to shoot a blanket 3D survey across its 131-sq km onland Cambay Basin block CB-ONN-2010/11 near Ahmedabad in Gujarat.

GAIL applied for the PEL for the NELP-IX block in October 2012 and should receive it this month (February). GAIL wants to pre-qualify contractors based on the EoIs and will issue a tender to shortlisted companies by April.

“We would like to award the tender by June," says a consortium source. "We plan to begin shooting 3D from October.

” GAIL has committed to shoot 10-lkm 2D and 131-sq km 3D in addition to drilling eight exploratory wells in the four-year Phase-I. However, it plans to apply for a waiver of the 2D requirement since 10-lkm is a very small amount.

GAIL (25% and operator) shares CB-ONN-2010/11 with Bharat Forge (15%), Engineers India (20%), Monnet Ispat (15%) and Bharat Petroleum subsidiary Bharat Petro Resources (25%). They signed the PSC on March 28, 2012.