DnB NOR Markets Oil, Offshore and Shipping Conference - PGS
DnB NOR Markets Oil, Offshore and Shipping Conference - PGS
DnB NOR Markets Oil, Offshore and Shipping Conference - PGS
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Potential Growth Drivers:<br />
Gulf of Mexico Market will Recover<br />
• Proven prospectivity<br />
• Over the last three years approximately 10-<br />
15% of 3D capacity has on average<br />
operated in GoM<br />
• After Macondo most of capacity was moved<br />
out of GoM <strong>and</strong> absorbed elsewhere with<br />
limited price pressure<br />
Tiber discovery<br />
• News from US Department of the Interior<br />
provides positive sentiment for industry to<br />
gradually return to normal<br />
• GeoStreamer’s unique low frequency<br />
attributes coupled with Full Waveform<br />
Inversion (FWI) can provide significant ifi uplift<br />
vs. present Wide Azimuth solutions<br />
-10-
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