Page 17 - Geospace Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Norway: PGS awarded first simultaneous node and streamer acquisition contract 17 Mar 2021 PGS has been awarded a high-end 3D exploration survey by Lundin Energy Norway (and partners in PL1083) in the Barents Sea, where sparse node and high-density multisensor GeoStreamer seismic will be acquired simultaneously, building on the PGS productivity advantage. PGS will deploy drop-nodes leased from Geospace Technologies and operate Ramform Hyperion as streamer vessel and Sanco Swift as source vessel with an ultra-wide source configuration. The survey polygon covers approx. 3,600 sq kms, of whic...

HOUSTON (AP) _ Geospace Technologies Corp. (GEOS) on Wednesday reported a loss of $1.1 million in its fiscal first quarter.On a per-share basis, the Houston-based company said it had a loss of 8 cents.The maker of seismic instruments and equipment posted revenue of $28.5 million in the period.Geospace Technologies shares have risen slightly more than 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.94, a decline of 34% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks ...