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>

<< Dec 2017 >>
MTWTFSS
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

SPE/IADC Middle East Drilling Technology Conference and Exhibition

The theme for this conference is “Building on Today’s Efficiencies for Tomorrow’s Market.” This will be the basis for the technical agenda…

read more >

The World Future Energy Summit (WFES) 2018

WFES will also hold its annual conference, which sees international government and business experts come together to discuss critical global…

read more >

HYPACK 2018

This training event will offer instruction on the newest features of HYPACK® 2018 as well as comprehensive training for both novice…

read more >

8th Myanmar Oil, Gas & Power Summit

The Myanmar Oil and Gas Summit is the longest established Oil & Gas event in Myanmar. Every year the event is attended by government…

read more >