| By Business Wire |
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| November 7, 2012 01:30 AM EST |
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Regulatory News:
CGGVeritas (Paris:GA) (NYSE:CGV) announced today the commercial launch
of BroadSource™, its broadband marine seismic source. BroadSource is a
natural complement for BroadSeis™, its industry-proven broadband marine
seismic solution, to produce unrivalled images of the subsurface.
BroadSource combines a synchronized multi-level source with processing
algorithms that fit seamlessly into the BroadSeis workflow to fill the
source ghost notch. This innovative approach generates the same low
frequencies as a deep-towed conventional source and extends the spectrum
to higher frequencies, providing better resolution and clearer images of
the subsurface.
BroadSource reinforces the benefits of BroadSeis to deliver the ultimate
in high-resolution, broad-bandwidth, ghost-free seismic data, achieving
a bandwidth of 2.5-200Hz. The combination further improves BroadSeis
image quality with a sharper broadband wavelet which clearly resolves
thin beds. The best-in-class low-frequency content reveals geological
details, such as layering and subtle facies and fluid variations.
BroadSource has already seen successful precommercial deployment with
impressive results for a BroadSeis survey conducted this summer for
Lundin Petroleum in the Norwegian sector of the North Sea. The new
broadband source will be gradually deployed on the BroadSeis fleet on
demand.
Jean-Georges Malcor, CEO, CGGVeritas, said: "In the rapidly evolving
marine acquisition market, CGGVeritas confirms its broadband seismic
commitment and leadership. BroadSource is already generating
considerable interest after a promising pre-commercial survey and will
ensure that BroadSeis continues to be the benchmark broadband marine
solution.”
About CGGVeritas
CGGVeritas (www.cggveritas.com)
is a leading international pure-play geophysical company delivering a
wide range of technologies, services and equipment through Sercel, to
its broad base of customers mainly throughout the global oil and gas
industry.
CGGVeritas is listed on the Euronext Paris (ISIN: 0000120164) and the
New York Stock Exchange (in the form of American Depositary Shares,
NYSE: CGV).
