CGGVeritas Briefs Vessel Utilization for 3Q11

CGGVeritas provided its vessel utilization and its fleet allocation updates for the third quarter of 2011.

Vessel utilization for the third quarter 2011:

  • The vessel availability rate1 was 91% including initial shipyard of the Champion for upgrades as part of our performance program. This compares to a 92% availability rate in the second quarter of 2011 and a 87% rate in the third quarter of 2010.
  • The vessel production rate2 was 93%. This compares to a 85% production rate in the second quarter of 2011 and a 87% rate in the third quarter of 2010.

Fleet allocation update for the third quarter 2011:

During the third quarter of 2011, our 3D vessels were allocated 88% to contract and 12% to multi-client programs.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
CNC Programmer/Coordinator
Expertise: Electrical Technician|Wireline
Location: Schriever, LA
 
Maintenance Mechanic
Expertise: Mechanic|Mechanical Technician
Location: Enid, OK
 
I & E Technician
Expertise: Electrician|Instrumentation Technician
Location: Enid, OK
 
search for more jobs

Brent Crude Oil : $59.02/BBL 3.79%
Light Crude Oil : $52.22/BBL 3.07%
Natural Gas : $2.92/MMBtu 1.31%
Updated in last 24 hours