PGS Improves Imaging Capabilities

Dallas, TX October 17, 2016 - PGS further strengthens one of the most powerful compute platforms in the oil service industry, by adding another Cray XC supercomputer to its Houston Mega Center.

This allows PGS to run larger jobs, image more complex data, while at the same time reduce lead time and get higher quality results. Our customers can take advantage of cutting-edge imaging algorithms such as PGS Reverse Time Migration, Separated Wavefield Imaging (SWIM®), and Wave Equation Reflectivity lnversion while at the same time reducing project duration in comparison to our competitors.

"We are very pleased to see the advances achieved by implementing the PGS advanced Imaging algorithms and workflows using the Cray supercomputers," says Guillaume Cambois, Executive Vice President for Imaging & Engineering in PGS. "Adding this second Cray XC system to our compute resources further raises our capability to solve our customers' geophysical imaging challenges faster, and more accurately."

The computer is named PGS Galois after the French mathematician Évariste Galois (1811-1832), and comes in addition to the Cray XC supercomputer PGS Abel delivered last year.

Expanding its supercomputing platform allows PGS to continue to innovate and increase the Company's ability to further build on its industry-leading imaging inversion capabilities.

"Today's most advanced seismic survey datasets encompass many hundreds of terabytes, and gaining insight from this data lies squarely at the convergence of supercomputing and big data," said Barry Bolding, chief strategy officer at Cray. "The Cray supercomputers allow PGS to quickly process this data into an accurate, clear image of what's lying underneath the sea floor, through kilometers of varied geology. This is an extraordinarily complex computational challenge, and is where PGS excels. We're thrilled PGS continues to rely on Cray supercomputers to power the next generation of seismic processing and imaging."

For details, contact:
Bård Stenberg, VP IR & Corporate Communications
Phone: +47 67 51 43 16
Mobile: +47 992 45 235

Stephen Bishop, Regional President Imaging & Engineering NSA
Phone: +1 281 509 8483
Mobile: +1 281 546 4930

ABOUT PGS
PGS is the leading marine seismic company that acquires high resolution seismic data that is used to generate accurate images and 3D models of the sub-surface. Our library contains seismic and EM data, and our services include data acquisition and processing, imaging, reservoir analysis and interpretation. For more information, visit www.pgs.com.

ABOUT Cray
Global supercomputing leader Cray Inc. (Nasdaq: CRAY) provides innovative systems and solutions enabling scientists and engineers in industry, academia and government to meet existing and future simulation and analytics challenges. Leveraging more than 40 years of experience in developing and servicing the world's most advanced supercomputers, Cray offers a comprehensive portfolio of supercomputers and big data storage and analytics solutions delivering unrivaled performance, efficiency and scalability. Cray's Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to meet the market's continued demand for realized performance. Go to www.cray.com for more information.