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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Ramforms Have the Lead in a Growing HD3D Segment<br />
ity in HD3D segme ent<br />
% activ<br />
70<br />
60<br />
50<br />
40<br />
30<br />
20<br />
10<br />
0<br />
• HD3D has grown significantly<br />
over the last 4 years<br />
– Both in absolute size <strong>and</strong> in share<br />
of total activity<br />
• In 2010, HD3D was around 30%<br />
of total market in sq.km. <strong>and</strong><br />
significantly more in terms of<br />
revenue<br />
• The Ramform fleet has<br />
consistently captured a large<br />
share of the HD3D segment<br />
– In 2011 Ramform capacity will be<br />
approximately 75% of <strong>PGS</strong> total<br />
2003 2004 2005 2006 2007 2008 2009 2010<br />
• HD3D market is less cyclical l than<br />
Ramform HD3D as % of total activity exploration seismic <strong>and</strong> with more<br />
attractive margins<br />
rest of industry HD3D as % of total activity<br />
-16-
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