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CGG provides its vessel utilization update for the first quarter 2014


Published Apr 10, 2014
CGG Viking II

CGG provides its vessel utilization and its fleet allocation updates for the first quarter of 2014.

During the first quarter of 2014, the CGG Symphony has definitely stopped operations on February 10th.

Vessel utilization for the first quarter of 2014: •The vessel availability rate1 was 94%. This compares to a 88% availability rate in the first quarter of 2013 and a 83% rate in the fourth quarter of 2013.

•The vessel production rate2 was 93%. This compares to a 93% production rate in the first quarter of 2013 and a 90% rate in the fourth quarter of 2013.

Tags: CGG




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