CGG Provides Third Quarter 2013 Vessel Utilization Update

CGG provides its vessel utilization and its fleet allocation updates for the third quarter of 2013.

Vessel utilization for the third quarter of 2013:

– The vessel availability rate was 89% in line with the Company’s expectations as a consequence of a higher level of planned maintenance this quarter. This compares to a 93% availability rate in the third quarter of 2012 and in the second quarter of 2013.

– The vessel production rate was 94% at a historically high level. This compares to a 90% production rate in the third quarter of 2012 and a 92% rate in the second quarter of 2013.

Fleet allocation update for the third quarter of 2013:

During the third quarter of 2013, our 3D vessels were allocated 78% to contract and 22% to multi-client programs.

Press Release, October 10, 2013

Share this article

Follow Subsea World News

Events>

<< Oct 2017 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Deepwater Operations Conference & Exhibition

The Deepwater Operations Conference and Exhibition provides a unique experience for attendees and exhibitors to share…

read more >

24th Annual Africa Oil Week 2017

The Conference portraying five days of senior-level executive insights, with rich-content on corporate strategies and portfolio, exposure…

read more >

OTC Brasil 2017

OTC Brasil is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum, Gas and Biofuels Institute (IBP)…

read more >

Rio Pipeline 2017

Rio Pipeline Conference & Exhibition has changed its branding design, to unify the whole pipeline community, in an even more complete event…

read more >