SERVICE SECTOR / Vessel places Veritas at the forefront of marine seismic
acquisition technology
VERITAS DGC INC. LAUNCHES FLAGSHIP VESSEL
Date: 6/17/98 6:21:18 PM
Stock Symbol: VTS
Veritas DGC Inc. announces the commencement of sea trials for its new
flagship seismic acquisition vessel, the SRV Veritas Viking. Following a
christening ceremony in Bergen, Norway, on May 30th, the new vessel is
field-testing its equipment prior to commencing data acquisition in the North
Sea off the coast of Scotland later this month.
As the newest multi-element vessel in the Veritas fleet, the Viking is
designed to be able to deploy in excess of twelve streamers, although
initially the vessel will be configured with dual sources and eight, 24-bit
RDA streamers. The Viking also addresses the latest geophysical requirements
for extra-long recording offsets by being able to handle and tow several
12,000-meter streamers. The vessel is equipped with the latest SYNTRAK data
acquisition systems, SPECTRA integrated navigation, advanced onboard data
processing systems, and full quality assurance capabilities.
"The launch of the Veritas Viking demonstrates our commitment to be a leading
provider of 3D marine acquisition services," says Steve Ludlow, President and
Chief Operating Officer of Veritas DGC Inc. "The fact that the vessel has
been delivered on schedule and on budget is a tribute to the project
management skills, and the technical and financial strengths of the three
companies involved. It is the first in a series of 'Viking class' vessels
that will place Veritas at the forefront of marine seismic acquisition
technology."
"Our goal is to be our customer's contractor of choice," says Dave Pratt,
President of Veritas Geophysical Services, who will operate the vessel. "The
marine seismic acquisition market has to date been dominated by the three
largest marine contractors. The Viking series of vessels will offer our
customers a realistic alternative - combining the highest technical, safety
and environmental standards with our innovative and process-driven approach
to providing cost-effective client solutions."
The Viking was built by Mjellem & Karlsen in Bergen, Norway and is owned by
Eidesvik A/S. The vessel was christened by Val Robson, wife of Veritas DGC
Chairman and CEO Dave Robson.
Veritas DGC Inc., headquartered in Houston, is a leading provider of land,
transition zone and marine-based seismic data acquisition, seismic data
processing, and multi-client data sales to the petroleum industry. Veritas
DGC operates seven divisions in selected markets worldwide and, based on
revenue, is the fifth-largest geophysical services provider.
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