DGH to issue 2D seismic survey tender for Kutch

Vol 8, PW 23 (23 Feb 05) News in Brief

LARGEs disappearance from the global seismic scene has forced the DGH to re-tender an 18-month old 5000-line km 2D survey.

LARGE won this tender in July 2004 but could not carry out the job because of the bankruptcy of parent firm Yukos. A DGH source confirms that the contract will now be re-tendered before the monsoon so that the survey can begin by October this year.

Only LARGE and Veritas submitted bids when the DGH issued the tender for the first time in November 2003. LARGE beat Veritas with a bid of $3.9m.

Veritas bid $5.35m. Adds the DGH: There is also a provision to extend the area notified in this tender by another 50% to 7,500-line km.

According to the DGHs original tender, the 5000-line km survey will be shot across the Kutch and Saurashtra deepwater areas to map sub-basalt Mesozoic targets using a minimum streamer length of 8000 metres.