Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/cgg-provides-its-vessel-utilization-for-the-first-.shtmlCGG provides its vessel utilization for the first quarter of 2015
Vessel utilization for the first quarter 2015: The vessel availability rate1 was 84%. This compares to an 87% availability rate in the fourth quarter of 2014 and a 94% rate
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Vessel utilization for the first quarter 2015:
The vessel availability rate1 was 84%. This compares to an 87% availability rate in the fourth quarter of 2014 and a 94% rate in the first quarter of 2014.
The vessel production rate2 was 92%. This compares to a 92% production rate in the fourth quarter of 2014 and a 93% rate in the first quarter of 2014.
Fleet allocation update for the first quarter 2015:
During the first quarter of 2015, our 3D vessels were allocated 35% (vs 36% in Q4 2014 and 46% in Q1 2014) to multi-client programs.
