Geophysical Service Incorporated
- Geophysical Service Incorporated
Geophysical Service Inc. (often abbreviated GSI) was founded by John Clarence Karcher and Eugene McDermott in 1930 for the purpose of using refraction and reflection seismology to explore for petroleum deposits. It became one of the most successful seismic exploration contractors in the industry for many years. On December 6, 1941, the company was purchased by McDermott, Cecil Howard Green, J. Erik Jonsson, and H.B. Peacock. During World War II, the company produced submarine detection devices. In 1951, the company was renamed Texas Instruments (TI) with GSI as a division. GSI was later sold by TI, repurchased, and finally sold again to Halliburton in 1988. Halliburton also acquired GeoSource, a competing geophysical contractor (formerly Petty-Ray Geophysical), and attempted to merge the two companies. Unfortunately the rivalry between the two entities endured and the merged entity known as Halliburton Geophysical Services (HGS) proved to be far from profitable. After several years of losses in 1994 Halliburton sold HGS to Western Atlas (formerly Western Geophysical until its merger with Dresser Atlas in 1987). Western Atlas was bought by Baker Hughes in 1998 and was then merged into WesternGeco in 2000 through a joint venture with Schlumberger in which Schlumberger held the majority share (70%).
Trivia
"Do or Die for GSI" - was an alleged very unofficial motto of GSI employees, largely abandoned after the sinking of the Arctic Explorer in 1981.Fact|date=March 2007
Present day operations
In 1992, Davey Einarsson, a longtime executive of the original GSI, purchased the proprietary rights to GSI’s speculative data in the Canadian offshore, launching the new GSI in Calgary. GSI currently has offices in Houston TX, Calgary AB, and Windsor, Nova Scotia. GSI also has associates and agents in several other countries including Italy, China, Turkey, England and Argentina.
The current GSI's capabilities are in four general categories:
*Speculative Data Land & Marine,
*Marine 2D and 3D Data Acquisition,
*Marine and Land Data Processing, and
*Seismic Recording and Source Equipment Leasing
ee also
* List of oilfield service companies
External links
* http://www.geophysicalservice.com/
Wikimedia Foundation.
2010.
Look at other dictionaries:
List of oilfield service companies — The list of oilfield service companies includes companies that provide services to the petroleum exploration and production industry but that do not typically produce petroleum themselves. Given the many mergers and acquisitions that have… … Wikipedia
Western Geophysical — was a company founded in California in 1933 by Henry Salvatori for the purpose of using reflection seismology to explore for petroleum. The company prospered and was sold by Salvatori to Litton Industries in the 1960s. In 1987, Litton and Dresser … Wikipedia
Texas Instruments Incorporated — ▪ American company Introduction American manufacturer of calculators (calculator), microprocessors (microprocessor), and digital signal processors with its headquarters in Dallas, Texas. Founding and World War II research The direct… … Universalium
Texas Instruments — Type Public Traded as NYSE: TXN … Wikipedia
Reflection seismology — (or seismic reflection) is a method of exploration geophysics that uses the principles of seismology to estimate the properties of the Earth s subsurface from reflected seismic waves. The method requires a controlled seismic source of energy,… … Wikipedia
Everette Lee DeGolyer — (born October 9, 1886, in Greensburg, Kansas, died December 14, 1956, in Dallas, Texas). was a prominent oilman, geophysicist and philanthropist in Dallas. He was known as the founder of applied geophysics in the petroleum industry [1], as the… … Wikipedia
J. Clarence Karcher — Infobox Scientist name = John Clarence Karcher caption = birth date = birth date|1894|04|15 birth place = flagicon|Indiana Dale, Indiana death date = death date and age|1978|07|13|1894|04|15 death place = flagicon|Texas Dallas, Texas residence =… … Wikipedia
Henry Salvatori — (March 28, 1901 ndash; July 7, 1997) was an American geophysicist, businessman, philanthropist, and political activist.Salvatori was born in Rome, Italy, and immigrated with his family to the United States in 1906. He received a bachelor s degree … Wikipedia
Mark Shepherd (businessman) — Mark Shepherd (January 18, 1923 – February 4, 2009)[1] was the chairman and chief executive officer of Texas Instruments. He was in attendance at the demonstration of the integrated circuit by Jack Kilby on September 12, 1958.[2] Contents 1… … Wikipedia
ТЕКСАС ИНСТРУМЕНТС — (Texas Instruments, TI), американская многоотраслевая корпорация, разработчик и производитель микропроцессоров (см. МИКРОПРОЦЕССОР) для персональных компьютеров. Texas Instruments ведет свою историю с 16 мая 1930 года, когда в Далласе (Техас)… … Энциклопедический словарь
