CGG Launches EYE-D, its Offering of High-End Seismic Services
08 Juni 2004 - 8:00AM
PR Newswire (US)
CGG Launches EYE-D, its Offering of High-End Seismic Services
PARIS, June 8 /PRNewswire-FirstCall/ -- At the EAGE convention
being held in Paris this year, Compagnie Generale de Geophysique
(ISIN: FR0000120164; NYSE:GGY) announced the launch of EYE-D, its
new offering of seismic solutions designed to better visualize
(EYE) and understand all the dimensions (D) of hydrocarbon
reservoirs in order to deliver the very best seismic data quality
to oil companies. The EYE-D offering brings together CGG's suite of
enhanced seismic solutions for application throughout the life of
the reservoir. EYE-D is a combination of tools and methodologies
offered by CGG's commercial teams in land, marine, seabed
acquisition & in processing-reservoir. Each seismic project is
unique, requiring a tailored response to overcome the geophysical
and geological challenges and meet the specific requirements of
each client. CGG has recently developed expertise in
high-resolution, 4D and seabed seismic that clearly differentiates
its high-end seismic technology from that of the competition.
According to Christophe Pettenati-Auzière, Senior Executive Vice
President, Services: "The industry is pushing us for better
reservoir images and characterization to guide critical decisions
on field development and production. Yet each reservoir is to a
large extent unique and seismic contractors can no longer rely
exclusively on a standard approach. We are launching EYE-D as a
label to spearhead CGG's technology. EYE-D is the culmination of
the experience and expertise we have gained in this business over
the last seventy years and gives us the flexibility to engineer
individually each project." The information included herein
contains certain forward-looking statements within the meaning of
Section 27A of the securities act of 1933 and section 21E of the
Securities Exchange Act of 1934. These forward-looking statements
reflect numerous assumptions and involve a number of risks and
uncertainties as disclosed by the Company from time to time in its
filings with the Securities and Exchange Commission. Actual results
may vary materially. The Compagnie Generale de Geophysique group is
a global participant in the oilfield services industry, providing a
wide range of seismic data acquisition, processing and geoscience
services and software to clients in the oil and gas exploration and
production business. It is also a global manufacturer of
geophysical equipment. DATASOURCE: Compagnie Generale de
Geophysique (CGG) CONTACT: For further information, please contact:
Christophe BARNINI: +33-1-64-47-38-10 () Patrice
CANAL:+33-1-64-47-35-91 ()
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