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
Potential Growth Drivers: Gulf of Mexico Market will Recover • Proven prospectivity • Over the last three years approximately 10- 15% of 3D capacity has on average operated in GoM • After Macondo most of capacity was moved out of GoM and absorbed elsewhere with limited price pressure Tiber discovery • News from US Department of the Interior provides positive sentiment for industry to gradually return to normal • GeoStreamer’s unique low frequency attributes coupled with Full Waveform Inversion (FWI) can provide significant ifi uplift vs. present Wide Azimuth solutions -10-
Solid Order Book USD million 1000 800 600 400 • Order book of USD 584 million – Almost all capacity for H1 2010 booked – Booking for Q3 is firming up – Customer demand for GeoStreamer continues to increase 200 0 • Vessel booking visibility above 6 months Marine order book (including DP) OptoSeis Achieving GeoStreamer price premium -11-
- Page 1 and 2: DnB NOR Markets Oil, Offshore and S
- Page 3 and 4: Leading Marine Geophysical Company
- Page 5 and 6: Strongest Balance Sheet in PGS Hist
- Page 7 and 8: Drivers for the HD3D Market • Exp
- Page 9: Potential Growth Drivers: High Dema
- Page 13 and 14: Capacity Increase Tapering Off 700
- Page 15 and 16: PGS Ordering W-Class Ramforms • T
- Page 17 and 18: Favorably Positioned on the Industr
- Page 19 and 20: Ramforms Setting new Standards in P
- Page 21 and 22: On Track Towards Full GeoStreamer D
- Page 23 and 24: Data Processing &Technology: Buildi
Solid Order Book<br />
USD million<br />
1000<br />
800<br />
600<br />
400<br />
• Order book of USD 584<br />
million<br />
– Almost all capacity for H1<br />
2010 booked<br />
– Booking for Q3 is firming up<br />
– Customer dem<strong>and</strong> for<br />
GeoStreamer continues to<br />
increase<br />
200<br />
0<br />
• Vessel booking visibility<br />
above 6 months<br />
Marine order book (including DP)<br />
OptoSeis<br />
Achieving GeoStreamer price premium<br />
-11-
Change language