Seitel

Seitel is a leading provider of onshore seismic data to the oil and gas industry in the United States. Seitel's data products and services are critical in the exploration for and development of oil and gas reserves by exploration and production companies. Seitel has ownership in an extensive library of proprietary onshore and offshore seismic data... that it has accumulated since 1982 and that it licenses to a wide range of exploration and production companies. Seitel believes that its library of 3D onshore seismic data is one of the largest available for licensing in the United States and includes leading positions in oil, liquids-rich and natural gas unconventional plays as well as conventional areas. Seitel has ownership in over 33,000 square miles of 3D onshore data, over 10,000 square miles of 3D offshore data and over 600,000 linear miles of 2D seismic data concentrated in the major active oil and gas producing regions in the United States. Seitel has also expanded into Mexico through the reprocessing of existing 2D seismic data for licensing to oil and gas companies. Seitel serves a market which includes over 1,500 companies in the oil and gas industry.Read More