PGS routinely releases information about 3D vessel utilization after the end of each quarter.
Summary of vessel utilization:
Approximate allocation of PGS operated 3D towed streamer capacity | Quarter ended June 30, |
Quarter ended March 31, | |
2017 | 2016 | 2017 | |
Contract seismic | 60% | 58% | 53% |
MultiClient seismic | 24% | 21% | 21% |
Steaming | 15% | 19% | 10% |
Yard | 0% | 2% | 5% |
Stacked/Standby | 1% | 0% | 11% |
All cold-stacked* vessels are excluded from the statistics. The last new build, Ramform Hyperion, was delivered in March 2017 and is included in the statistics for Q2 2017.