How to image certain portions of hard drive only

I have a failed hard drive which I need to extract data from. My dd kung fu is failing me right now. I know that the drive is failing at sector 60515007 to 60517093 (512b per sector), and multiple other locations. and I need to skip that area. How do I do it in dd? And I need to compress it on the fly (piping maybe?). Can you recommend a good compression algorithm for that?