You may want to check out PerlIO::gzip -- it would allow you to write a script like this: 
#!/usr/bin/perl

use strict;
use PerlIO::gzip;

open( my $zip, "<:gzip", "bigfile.gz ) or die "$!\n";
while (<$zip>) {
    print if ( /some regex/ );
}

[download]
That example is equivalent to using a shell command like this (having the same benefit of not needing to save an uncompressed version of the big file on disk, even temporarily): 
gunzip < bigfile.gz | grep 'some regex'

[download]
Note that PerlIO::gzip can open output files too, with open( $fh, ">:gzip", "out.gz"), in case you expect to generate a lot of output and want it to be compressed as you go -- that would be equivalent to adding | gzip > out.gz at the end of the shell command line shown above.

UPDATE: (2010-10-18) It seems that PerlIO::gzip should be viewed as superseded by PerlIO::via:gzip. (see PerlIO::gzip or PerlIO::via::gzip).

In reply to Re: Searching a gzip file by graff
in thread Searching a gzip file by baski

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