Last €4.48 EUR
Change Today -0.114 / -2.48%
Volume 0.0
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As of 9:36 AM 10/31/14 All times are local (Market data is delayed by at least 15 minutes).

cgg - spon adr (GDGA) Snapshot

Open
€4.48
Previous Close
€4.59
Day High
€4.48
Day Low
€4.48
52 Week High
11/6/13 - €16.50
52 Week Low
10/31/14 - €4.48
Market Cap
792.7M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
177.1M
EX-Date
10/18/12
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CGG - SPON ADR (GDGA)

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cgg - spon adr (GDGA) Details

CGG, a geoscience company, provides geological, geophysical, and reservoir services to customers in the oil and gas exploration and production industry, as well as manufactures and sells geophysical equipment in North America, Central and South Americas, Europe, Africa, the Middle East, and the Asia Pacific. It operates in three segments: Acquisition; Geology, Geophysics & Reservoir; and Equipment. The Acquisition segment offers geophysical acquisition services, including land, marine, airborne, and seabed. This segment provides marine seismic 2D and 3D services; and delivers marine seismic contract data acquisition in ‘frontier’ areas, as well as provides marine seismic contract data acquisition and multi-client surveys. As of December 31, 2013, it had a fleet of 21 seismic vessels. This segment is also involved in the acquisition and onsite processing of seismic data acquired on land areas; and acquisition, processing, and interpretation of airborne geophysical data on land or offshore. The Geology, Geophysics & Reservoir segment develops and licenses multi-client seismic surveys; processing seismic data; sells seismic data processing and reservoir characterization software under the geovation, Hampson-Russell and Jason brands; provides geoscience and petroleum engineering consulting services; collects, develops, and licenses geological data; and providing data management services and software to its clients. The Equipment segment develops and produces seismic equipment in the land and marine seismic markets. This segment offers a range of geophysical equipment for seismic data acquisition, including seismic recording equipment, software, and seismic sources either for land (vibrators) or marine (air guns), as well as supplies its clients with integrated solutions. The company was formerly known as CCompagnie Générale de Géophysique Veritas, S.A. and changed its name to CGG in 2013. CGG was founded in 1931 and is headquartered in Paris, France.

9,688 Employees
Last Reported Date: 04/10/14
Founded in 1931

cgg - spon adr (GDGA) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: €887.0K
Chief Financial Officer, Senior Executive Vic...
Total Annual Compensation: €558.9K
Senior Executive Vice President of Equipment ...
Total Annual Compensation: €578.4K
Compensation as of Fiscal Year 2013.

cgg - spon adr (GDGA) Key Developments

CGG Releases PowerLog Frac

CGG announced the release of PowerLog Frac. Completions engineers use the resulting models to design better hydraulic fracturing projects and improve well performance. PowerLog Frac is new and intuitive petrophysics-based software which generates formatted rock and fluid properties to allow engineers to run multiple frac scenarios with increased accuracy in hours instead of days by eliminating manual calculations and spreadsheets. Frac design and analysis are currently applied in only a very small percentage of hydraulic fracturing projects due to the time needed to acquire input data for the models. Fracture simulation can now be implemented as part of a standard completion process. PowerLog Frac was created by CGG GeoSoftware in collaboration with Baker Hughes Incorporated as part of a joint software development agreement. The new software increases industry access to Baker Hughes frac design expertise. Baker Hughes will use PowerLog Frac in its pressure pumping operations to generate scenarios immediately and directly drive its fracture simulation design software.

Baker Hughes Incorporated Selects PowerLog as Petrophysical Software Application of Choice

CGG announced that PowerLog has been selected by Baker Hughes Incorporated as its petrophysical software application of choice. PowerLog is CGG's petrophysical software for well log analysis. As part of the Baker Hughes-CGG strategic alliance, the two companies have collaborated under a joint software development agreement to enhance PowerLog for its deployment as the preferred petrophysical software of Baker Hughes. PowerLog is designed for efficient multi-user environments and enables petrophysicists, geophysicists, geologists and engineers to collaborate to better understand the reservoir. Greater insight into subsurface rock and fluid properties can significantly improve completion design and enable E&P companies to reduce their costs and risks while drilling more productive wells.

Baker Hughes Incorporated Selects CGG's PowerLog as its Petrophysical Software Application of Choice

CGG announced that PowerLog has been selected by Baker Hughes Incorporated as its petrophysical software application of choice. PowerLog is CGG's petrophysical software for well log analysis. As part of the Baker Hughes-CGG strategic alliance, the two companies have collaborated under a joint software development agreement to enhance PowerLog for its deployment as the preferred petrophysical software of Baker Hughes. PowerLog is designed for efficient multi-user environments and enables petrophysicists, geophysicists, geologists and engineers to collaborate to better understand the reservoir. Greater insight into subsurface rock and fluid properties can significantly improve completion design and enable E&P companies to reduce their costs and risks while drilling more productive wells.

 

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