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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Services > Seitel, Inc.

Seitel, Inc.
NYSE: SEI
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 PROFILE
There aren't any "Quiet" signs in Seitel's library. With more than 1.1 million linear miles of 2-D and some 16,300 sq. mi. of 3-D data, the firm has the largest seismic databank in North America, which is used to identify underground geologic structures and hydrocarbons. The surveys cover major exploration regions in the US (mainly focused on the Gulf of Mexico area), as well as western Canada and offshore Ireland and the UK. Seitel markets the data to oil and gas firms and partners with them to drive down survey costs. The company contracts with third-party seismic crews to gather data but handles the reprocessing itself. Seitel is spinning off its DDD Energy unit (exploration and production) as Vision Energy.

 COMPETITION
Compagnie Générale de Géophysique, S.A. (GGY)
Petroleum Geo-Services ASA (PGO)
Schlumberger Limited (SLB)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 163.80
1-Yr. Sales Growth: 27.3%
Employees: 128
Revenue per employee: $1,279,687.50

 KEY PEOPLE
• Paul A. Frame
    CEO
• Debra D. Valice
    CFO

 CONTACT INFO
50 Briar Hollow Ln., West Bldg., 7th Fl.
Houston, TX 77027
US
Phone: 713-881-8900
Fax: 713-881-8901
Online: Web Site

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