CGG

CGG has announced that Robertson Geolab, specialists in surface geochemistry in its GeoConsulting business line, is currently performing a multi-client surface geochemistry (shallow core) survey to detect seafloor seepages of hydrocarbons in the South East Barents Sea. The project has received high prefunding from major oil industry players. The main …

Dynamic software offers rapid answers to asset teams and service companies CGG has released EarthModel® Builder, an affordable modeling solution that is used to improve efficiency, accuracy and flexibility for more realistic representations of the reservoir. Part of the Jason suite, EarthModel Builder is a unique tool for asset teams …

CGG announced today that Sercel’s latest and most advanced digital single-sensor, QuietSeisTM,based on next-generation MEMS (Micro Electro-Mechancial System) technology, is living up to its name after having demonstrated an outstanding low-noise performance during a recent series of field tests. The sensor’s outstanding low noise floor was demonstrated at the LSBB …

CGG announced today the creation of two new business lines, GeoSoftware and GeoConsulting, within its Geology, Geophysics & Reservoir (GGR) division: o   GeoSoftware is the worldwide leader in advanced seismic reservoir characterization technology. It brings together CGG’s commercial software including Jason, Hampson-Russell and TerraSpark, along with the associated sales, …

CGG has enhanced its software portfolio with the addition of TerraSpark’s Insight Earth®, advanced 3D visualization and interpretation software. Insight Earth greatly enhances seismic interpretation systems and provides the interpreter with guided tools that can automate the fault extraction process, precisely define salt bodies, deliver fast depictions of paleo-depositional environments …

CGG has released HRS-9/R2, an upgrade to its intuitive and interactive Hampson-Russell HRS-9 reservoir characterization software suite. It builds on HRS-9, launched in 2012, by offering geoscientists new capabilities focusing on unconventional resources. Azimuthal AVO for fracture identification A completely new module named ProAZ will increase the effectiveness of well …

During its Capital Market Day hosted today in Paris for investors and analysts, CGG presented the latest phase in its strategic roadmap which will be fully implemented by the end of 2016. Rebalance its portfolio of activities and Improve profitability and cash generation 2013 EBIT revised down to $400m-$420m Award …

David Bamford It can be argued that over the last 20 years or so, offshore explorers have become ‘lazy’, relying on regional 3D seismic to bring them success. This will not be possible when explorers turn to looking for unconventional resources onshore; the innovative use of technology will be the …

New time-domain EM solution maps shallow to deep geology in one pass CGG has launched MULTIPULSE™, an innovative new near-surface and deep-penetrating electromagnetic (EM) survey technique which increases resolution and bandwidth. Improvements to near-surface resolution and depth of exploration are continuous goals for exploration customers engaged in geological mapping and …

CGG provides its vessel utilization and its fleet allocation updates for the third quarter of 2013. Vessel utilization for the third quarter of 2013:  The vessel availability rate1 was 89% in line with the Company’s expectations as a consequence of a higher level of planned maintenance this quarter. This compares …