Agenda Market Outlook Q4 and 2012 Update Update on Fugro Geoscience Acquisition Outlook and Perspectives 3
Market Outlook General Trend Marine seismic market has the perfect backdrop to enjoy demand growth in the years to come +10% annual E&P spending growth rate in 2013 and 2014e Focus now quickly shifting towards the exploration segment,…
Global Seismic Offshore Activity as of January 2013 Greenland 0 Arctic Russia 0 North Sea 2 Canada 2 Black Sea 3 Mediterranea 3 2 China Morocco 2 GoM 6 Mauritania Caribbean India 3 Asia-Pacific West 4 7 Africa 5…
Agenda Market Outlook Q4 and 2012 Update Update on Fugro Geoscience Acquisition Outlook and Perspectives 7
Update on Q4 and 2012 Activity Marine Solid Performance The vessel availability rate for the fourth quarter 2012 was 93%, compared to 81% in the fourth quarter 2011 It was 90% in 2012 and on target The vessel production rate for the…
3D Multi Client Library Offshore Brazil More than 100,000 sq km of 3D seismic data available in ten different Brazilian basins 10,000 sq km of 3D seismic available in the Equatorial Margin, part of the up-coming lease sale…
Santos Basin 69,000 km2 Reference: Ryan, W. B. F., S.M. Carbotte, J. Coplan, S. O'Hara, A. Melkonian, R. Arko, R.A. Weissel, V. Ferrini, A. Goodwillie, F. Nitsche, J. Bonczkowski, and R. Zemsky (2009), Global Multi-Resolution…
Agenda Market Outlook Q4 and 2012 Update Update on Fugros Geoscience Acquisition Outlook and Perspectives 11
Becoming a Reservoir / Geoscience Data Company Exploration Delineation Development Production Seismic model Static model Dynamic model Equipment Data acquisition Processing Interpretation Reservoir Modeling Reservoir…
Acquisition of Fugros Geoscience Division Acquisition of Fugros Geoscience Division announced last September 24th Excluding existing Multi-Client and nodes business Creation of strategic partnerships with Fugro Joint Venture creating…
The Fugro Geosciences deal is more than just four 12 streamers vessels 14
15
Focus on Fugros Fleet HIGH CAPACITY 3D MID CAPACITY 3D Geo Coral Up to 16 streamers Purpose-built in 2010 Geo Atlantic Up to 10 streamers Owned Purpose-built in 2000, rebuilt in 2006 Geo Celtic Chartered (until 2013) Up to 12…
this deal is a significant move into the Geoscience businesses 17
What are we buying 18
Acquisition of Fugros Geoscience Division Transforming CGGVeritas into a fully integrated Geoscience Company Data Processing Exploration & Reservoir Equipment Acquisition & Imaging Appraisal Characterization De Regt Marine: Seismic…
The New Group tomorrow 20
A Fully Integrated Geoscience Company Geoscience Data Acquisition Equipment Processing & Imaging Marine Acquisition 16 vessels Processing & Imaging Three Mid Four High-End Class 12+ streamer 8 streamer Sercel vessels vessels…
Agenda Market Outlook Q4 and 2012 Update Update on Fugro Geoscience Acquisition Outlook and Perspectives 22
Outlook and Perspectives Performance Plan progressing successfully Operational and financial results strengthening Continued focus on performance, cost reduction and differentiation Longer term, strong underlying oil and gas…
CGGVeritas Fleet HIGH CAPACITY 3D MID CAPACITY 3D 2D 15 High end vessels 5 Mid Capacity 3D vessels 2 Dedicated 2D Vessels Fugro Geo Coral Geo Celtic Geo Caribbean Geo Caspian Geo Atlantic Geo Barents Jusqu 16 Jusqu 12 Jusqu 14…
Loading...
