PGS: Vessel allocation Q4 2018
07 1월 2019 - 3:58PM
January 7, 2019: Oslo,
Norway, PGS routinely releases information
about 3D vessel utilization after the end of each quarter.
Summary of vessel utilization:
Approximate allocation of PGS operated 3D towed
streamer capacity |
Quarter ended
December 31, |
Quarter ended September 30, |
|
2018 |
2017 |
2018 |
Contract seismic |
23% |
23% |
19% |
MultiClient seismic |
14% |
23% |
68% |
Steaming |
15% |
15% |
5% |
Yard |
5% |
7% |
0% |
Stacked/Standby |
43% |
32% |
8% |
The Q4 2018 vessel statistics includes eight vessels. All
cold-stacked* vessels are excluded from the statistics.
PGS will release its Q4 and preliminary full year
2018 financial results on Thursday January 31, 2019, at
approximately 7:00am Central European Time (CET). A corresponding
presentation is scheduled for 09:00am CET the same day.
*The term "cold-stacked" is used when a vessel is
taken out of operation for an extended period of time. Costs are
reduced to a minimum, with the vessel preserved for a long idle
time, all or most in-sea seismic equipment removed from the vessel,
and typically the crew required to operate the vessel is
terminated.
FOR DETAILS, CONTACT: |
Bård Stenberg, SVP IR &
Communication
Mobile: +47 99 24 52 35
|
***
Petroleum Geo-Services ASA and its subsidiaries ("PGS" or "the
Company") is a focused marine geophysical company that provides a
broad range of seismic and reservoir services, including
acquisition, imaging, interpretation, and field evaluation. The
Company MultiClient data library is among the largest in the
seismic industry, with modern 3D coverage in all significant
offshore hydrocarbon provinces of the world. The Company operates
on a worldwide basis with headquarters in Oslo, Norway and the
PGS share is listed on the Oslo stock exchange (OSE: PGS). For more
information on PGS visit www.pgs.com.
***
The information included herein contains certain
forward-looking statements that address activities, events or
developments that the Company expects, projects, believes or
anticipates will or may occur in the future. These statements are
based on various assumptions made by the Company, which are beyond
its control and are subject to certain additional risks and
uncertainties. The Company is subject to a large number of
risk factors including but not limited to the demand for seismic
services, the demand for data from our multi-client data library,
the attractiveness of our technology, unpredictable changes in
governmental regulations affecting our markets and extreme weather
conditions. For a further description of other relevant risk
factors we refer to our Annual Report for 2017. As a result of
these and other risk factors, actual events and our actual results
may differ materially from those indicated in or implied by such
forward-looking statements. The reservation is also made that
inaccuracies or mistakes may occur in the information given above
about current status of the Company or its business. Any reliance
on the information above is at the risk of the reader, and PGS
disclaims any and all liability in this respect.
This information is subject
to the disclosure requirements pursuant to section 5 -12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Petroleum Geo-Services ASA via Globenewswire
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