CGG: Launches JumpStart Regional Geoscience Programs to Support Prospectivity Evaluation

CGG Launches JumpStart Regional Geoscience Programs to Support Prospectivity Evaluation

Paris, France - June 14, 2017

CGG announced today at the 2017 EAGE Conference & Exhibition the launch of JumpStart(TM) multi-client geoscience programs designed to accelerate industry understanding of petroleum systems and support exploration efforts. CGG currently has seven JumpStart programs that include offshore areas of Mexico, Gabon, Australia, Norway, Indonesia & Timor Leste, and two areas offshore Brazil, with more programs in the pipeline.

JumpStart programs integrate all available data in a specific geographical area and frame it within a geological context. This enables clients to directly access, in one place, the reviewed, validated, calibrated and interpreted data set, in a consistent, accessible and ready-to-use format.

JumpStart builds on CGG's advanced multi-client seismic data and incorporates key wells, through a consistent interpretation. Where appropriate, wells are enhanced by new core and cuttings information. The seismic and well data are then integrated with all other available information, including CGG's portfolio of geological studies, potential fields data, satellite seeps and geochemical data, to deliver a coherent and comprehensive geoscience package. JumpStart programs focus on the main petroleum geology components such as the source rock, the reservoir, the charge, the trap and the migration pathways to provide holistic data sets that build a framework to accelerate understanding of the basin's petroleum system(s) and assess its prospectivity.

Jean-Georges Malcor, CEO, CGG, said: "Our JumpStart programs complement our comprehensive portfolio of multi-disciplinary multi-client products. They enhance the value of our seismic and provide a new level of regional context to give better insight into an area's prospectivity. Representing the breadth of CGG's geoscience capabilities, they bring together our Subsurface Imaging excellence with our GeoConsulting geological and reservoir expertise to deliver in a single, ready-to-use package all the information required to help explorers save valuable time and assess new opportunities more quickly."

About CGG

CGG (www.cgg.com) is a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry. Through its three complementary businesses of Equipment, Acquisition and Geology, Geophysics & Reservoir (GGR), CGG brings value across all aspects of natural resource exploration and exploitation.
CGG employs around 5,600 people around the world, all with a Passion for Geoscience and working together to deliver the best solutions to its customers.

CGG is listed on the Euronext Paris SA (ISIN: 0013181864) and the New York Stock Exchange (in the form of American Depositary Shares. NYSE: CGG).

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