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July 2005
Vol. III Issue. 26; 06 July 2005
GSPC locates more wells in KG basin - 06 July 2005
July 11, 2005. The Gujarat State Petroleum Corporation (GSPC) will hire another rig and drill three more wells in the Krishna-Godavari basin as it has located four fault blocks from the site where it found a large quantity of gas last month. GSPC will be acquiring three-dimensional siesmic data for another 500 square km in the eastern region that was left out earlier. The hiring of the rigs could cost more than one lakh dollars per day.
 
 
 
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