Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/cgg-announces-solid-vessel-production-rate-for-fou.shtmlCGG announces solid vessel production rate for fourth quarter 2014
CGG provides its vessel utilization and fleet allocation updates for the fourth quarter of 2014. Solid Vessel production rate for the fourth quarter of 2014:
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CGG provides its vessel utilization and fleet allocation updates for the fourth quarter of 2014.
Solid Vessel production rate for the fourth quarter of 2014:
§ The vessel availability(1) rate was 87% due to typically high transit at this time of the year. This compares to an 83% availability rate in the fourth quarter of 2013 and a 92% rate in the third quarter of 2014.
§ The vessel production(2) rate was 92%. This compares to a 90% production rate in the fourth quarter of 2013 and a 92% rate in the third quarter of 2014.
§ During the fourth quarter of 2014, our 3D vessels were allocated 64% to contract and 36% to multi-client programs.
Record quarterly multi-client sales for the fourth quarter 2014:
CGG anticipates multi-client sales around $290 million during the fourth quarter of 2014, the highest ever quarterly revenue.
