UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549


                                 FORM 10-Q


         X     Quarterly Report Pursuant to Section 13 or 15(d) of the
               Securities Exchange Act of 1934
               For the Quarterly period ended September 30, 1999

                                    or

        ___    Transition Report Pursuant to Section 13 or 15(d) of the
               Securities Exchange Act of 1934
               For the transition period _______ to _______


                      COMMISSION FILE NUMBER 0-23383


                        OMNI ENERGY SERVICES CORP.
          (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)


            LOUISIANA                                    72-1395273
 (STATE OR OTHER JURISDICTION OF                      (I.R.S. EMPLOYER
 INCORPORATION OR ORGANIZATION)                       IDENTIFICATION NO.)


  4500 N.E. EVANGELINE THRUWAY
       CARENCRO, LOUISIANA                                   70520
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                   (ZIP CODE)



<PAGE>


   Registrant's telephone number, including area code:   (318) 896-6664


     Indicate  by  check  mark  whether  the  registrant  (1) has filed all
reports  required  to  be  filed  by Section 13 or 15(d) of the  Securities
Exchange Act of 1934 during the preceding  12  months  (or for such shorter
period that the registrant was required to file such reports)  and  (2) has
been subject to such filing requirements for the past 90 days. Yes X  No __

As  of  November  12,   1999   there   were   15,979,505   shares   of  the
Registrant's common stock, $0.01 par value per share, outstanding.


<PAGE>
ITEM 1.

                        OMNI ENERGY SERVICES CORP.
                        CONSOLIDATED BALANCE SHEETS
                 SEPTEMBER 30, 1999 AND DECEMBER 31, 1998
                          (Thousands of dollars)

<TABLE>
<CAPTION>
ASSETS                              September 30,  December 31,
                                        1999           1998
                                    -------------  ------------
                                    (Unaudited)
<S>                                  <C>            <C>

CURRENT ASSETS:
   Cash and cash equivalents         $     442      $   3,333
   Accounts receivable, net              9,618          9,691
   Parts and supplies inventory          5,821          6,113
   Deferred tax asset                      851            851
   Prepaid expenses and other            2,368          3,216
                                     ---------      ---------
     Total current assets               19,100         23,204
                                     ---------      ---------

PROPERTY AND EQUIPMENT:
   Land                                  1,208          1,209
   Buildings and improvements            5,049          5,542
   Drilling, field and support
     equipment                          28,186         28,383
   Shop equipment                          757          1,140
   Office equipment                      1,777          1,443
   Aircraft                                338         10,592
   Vehicles                              2,790          3,956
   Construction in progress                218            572
                                     ---------      ---------
                                        40,323         52,837
   Less:  accumulated depreciation       7,760          6,596
                                     ---------      ---------
     Total property and equipment       32,563         46,241
                                     ---------      ---------

OTHER ASSETS:
   Goodwill, net                        14,884         15,406
   Deferred tax asset                      679            ---
   Other                                 1,125            495
                                     ---------      ---------
     Total other assets                 16,688         15,901
                                     ---------      ---------
     Total assets                    $  68,351      $  85,346
                                     =========      =========
</TABLE>

The accompanying notes are an integral part of these condensed
consolidated financial statements.


<PAGE>
                        OMNI ENERGY SERVICES CORP.
                        CONSOLIDATED BALANCE SHEETS
                 SEPTEMBER 30, 1999 AND DECEMBER 31, 1998
                          (Thousands of dollars)

<TABLE>
<CAPTION>

LIABILITIES AND EQUITY                                 September 30,   December 31,
                                                           1999            1998
                                                       -------------   ------------
                                                       (Unaudited)
<S>                                                    <C>              <C>
CURRENT LIABILITIES:
   Current maturities of long-term debt                $  13,102        $   9,917
   Line of credit                                          5,520              ---
   Accounts payable                                        4,122            6,276
   Accrued expenses                                        2,285            1,204
                                                       ---------        ---------
     Total current liabilities                            25,029           17,397
                                                       ---------        ---------
LONG-TERM LIABILITIES:
   Long-term debt, less current maturities                   111           14,371
   Line of credit                                            ---            4,315
   Subordinated debt                                       4,798              ---
   Due to affiliates and shareholders                        ---            1,000
   Deferred taxes                                            ---            2,092
                                                       ---------        ---------
     Total long-term liabilities                           4,909           21,778
                                                       ---------        ---------
TOTAL LIABILITIES                                         29,938           39,175
                                                       ---------        ---------
MINORITY INTEREST                                            244              600
                                                       ---------        ---------
EQUITY:
   Common Stock, $.01 par value, 45,000,000
     shares authorized; 15,979,505 issued and
     outstanding                                             160              160
   Additional paid-in capital                             47,378           46,885
   Accumulated deficit                                    (9,349)          (1,414)
   Cumulative translation adjustment                         (20)             (60)
                                                       ---------        ---------
     Total equity                                         38,169           45,571
                                                       ---------        ---------
     Total liabilities and equity                      $  68,351        $  85,346
                                                       =========        =========

</TABLE>




The  accompanying notes are  an  integral  part  of  these  condensed
consolidated financial statements.


<PAGE>
                        OMNI ENERGY SERVICES CORP.
                     CONSOLIDATED STATEMENTS OF INCOME
      FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 1999 AND 1998
             (THOUSANDS OF DOLLARS, EXCEPT PER SHARE AMOUNTS)




<TABLE>
<CAPTION>
                                                    THREE MONTHS             NINE MONTHS
                                                        ENDED                   ENDED
                                                    SEPTEMBER 30,           SEPTEMBER 30,
                                                ---------------------   --------------------
                                                   1999       1998         1999       1998
                                                ----------  ---------   ----------  --------
                                                     (Unaudited)              (Unaudited)
<S>                                             <C>         <C>         <C>        <C>
Operating revenue                               $   8,756   $  19,905   $  26,876  $  62,483
Operating expenses                                  9,051      17,016      27,850     45,374
                                                ---------   ---------   ---------  ---------
   Gross profit (loss)                               (295)      2,889        (974)    17,109

General and administrative expenses                 2,266       4,378       7,912      9,214
Asset impairment and other charges                    ---       3,379         ---      3,379
                                                ---------   ---------   ---------  ---------
   Operating income (loss)                         (2,561)     (4,868)     (8,886)     4,516

Interest expense                                      687         474       1,967      1,211
Other income (expense)                               (201)        (81)      (114)        200
                                                ---------   ---------   ---------  ---------
                                                      888         555       2,081      1,011
                                                ---------   ---------   ---------  ---------
   Income (loss) before taxes                      (3,449)     (5,423)    (10,967)     3,505

Income tax expense (benefit)                       (1,047)     (2,180)     (2,673)     1,391
                                                ---------   ---------   ---------  ---------
Net income (loss), including
    minority interest                              (2,402)     (3,243)     (8,294)     2,114
Gain (loss) of minority interest                      (13)         17        (357)        17
                                                ---------   ---------   ---------  ---------
Net income (loss)                               $  (2,389)  $  (3,260)  $  (7,937) $   2,097
                                                =========   =========   =========  =========

Net income (loss) per share:
   Basic                                        $   (0.15)  $   (0.20)  $   (0.50) $    0.13
   Diluted                                      $   (0.15)  $   (0.20)  $   (0.50) $    0.13

Weighted average shares outstanding:
   Basic                                           15,979      15,946      15,967     15,815
   Diluted                                         15,979      15,946      15,967     16,019

</TABLE>



The accompanying notes are an integral part of these condensed consolidated
financial statements.


<PAGE>
                        OMNI ENERGY SERVICES CORP.
                   CONSOLIDATED STATEMENTS OF CASH FLOWS
           FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1999 AND 1998
                          (THOUSANDS OF DOLLARS)
<TABLE>
<CAPTION>
                                                              NINE MONTHS
                                                                 ENDED
                                                               SEPTEMBER
                                                                  30,
                                                           -------------------
                                                             1999       1998
                                                           --------   --------
                                                              (Unaudited)
<S>                                                       <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES
 Net income (loss)                                        $ (7,937)   $ 2,097
 Adjustments to reconcile net income to net cash
   provided by (used in) operating  activities-
    Depreciation                                             3,245      3,274
    Amortization                                               676        498
    Loss on fixed asset disposition                            238        103
    Deferred compensation                                       73        108
    Provision (benefit) for deferred income taxes           (2,771)       ---
    Provision for bad debts                                    165      1,061
    Asset impairment and other charges                         ---      3,379
    Interest expense on detachable warrants                    171        ---
    Minority interest                                         (357)       ---
Changes in operating assets and liabilities-
 Decrease (increase) in assets-
   Receivables-
    Trade                                                   (1,296)    (4,421)
    Other                                                    1,264        622
   Inventory                                                   296     (3,329)
   Prepaid expenses                                          1,518        523
   Other                                                      (779)    (2,949)
 Increase (decrease) in liabilities-
   Accounts payable and accrued expenses                    (1,038)    (1,665)
   Due to affiliates                                          (100)       ---
   Unearned revenue                                            ---       (638)
                                                          --------    -------
    Net cash used in operating activities                   (6,632)    (1,337)
                                                          --------    -------
CASH FLOWS FROM INVESTING ACTIVITIES:
 Proceeds from disposal of fixed assets                      9,316      2,984
 Purchase of fixed assets                                     (686)   (16,482)
 Acquisitions, net of cash received                            ---     (2,856)
                                                          --------    -------
    Net cash provided by (used in) investing
     activities                                              8,630    (16,354)
                                                          --------    -------
CASH FLOWS FROM FINANCING ACTIVITIES:
 Proceeds from issuance of long-term debt                      607      7,883
 Capital contributions                                         ---      1,650
 Subordinated debt                                           5,000        ---
 Principal payments on long-term debt                      (11,708)    (8,236)
 Net borrowings (payments) on line of credit                 1,206     10,000
                                                          --------    -------
   Net cash provided by (used in) financing activities      (4,895)    11,297
                                                          --------    -------

 Effect of exchange rate changes in cash                         6         (5)

NET DECREASE IN CASH                                        (2,891)    (6,399)
CASH, at beginning of period                                 3,333      8,723
                                                          --------    -------
CASH, at end of period                                    $    442    $ 2,324
                                                          ========    =======

SUPPLEMENTAL CASH FLOW DISCLOSURES:
CASH PAID FOR INTEREST                                    $  1,816    $ 1,258
                                                          ========    =======
CASH PAID FOR TAXES                                       $    ---    $ 2,270
                                                          ========    =======
</TABLE>


The accompanying notes are an integral part of these condensed consolidated
financial statements.


<PAGE>
                        OMNI ENERGY SERVICES CORP.
                       NOTES TO FINANCIAL STATEMENTS

NOTE 1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

BASIS OF PRESENTATION

These financial statements have been prepared without audit as permitted by
the rules and  regulations  of  the  Securities  and  Exchange  Commission.
Certain  information  and  footnote  disclosures  normally included in  the
financial statements have been condensed or omitted  pursuant to such rules
and  regulations.   However, the management of OMNI Energy  Services  Corp.
(the "Company") believes  that this information is fairly presented.  These
unaudited condensed consolidated  financial  statements  and  notes thereto
should  be  read in conjunction with the financial statements contained  in
the Company's  Annual  Report  on Form 10-K for the year ended December 31,
1998 and "Management's Discussion  and  Analysis of Financial Condition and
Results of Operations".

In  the  opinion  of  management,  the  accompanying   unaudited  condensed
consolidated  financial statements contain all adjustments,  consisting  of
only  normal,  recurring  adjustments,  necessary  to  fairly  present  the
financial results for the interim periods presented.

Certain reclassifications  have  been  made  to  the prior year's financial
statements  in  order  to  conform  with  the classifications  adopted  for
reporting in fiscal 1999.

NOTE 2.  EARNINGS PER SHARE

Basic  Earnings  Per Share (EPS) excludes dilution  and  is  determined  by
dividing income available  to  common  stockholders by the weighted average
number of shares of common stock outstanding  during the periods presented.
Diluted EPS reflects the potential dilution that could occur if options and
other contracts to issue shares of common stock were exercised or converted
into common stock.  The Company had 1,404,602 and  1,349,964  options,  and
1,291,478  and  820,865  warrants  outstanding  in the three and nine month
periods ended September 30, 1999, respectively that  were excluded from the
calculation of diluted EPS as they were antidilutive due  to the losses for
those periods.

The Company had 1,307,384 options for the three months ended  September 30,
1998  that were excluded from the calculation of diluted EPS as  they  were
antidilutive  due  to  the  loss  for  that period.  The Company had 30,875
options outstanding in the nine month period  ended September 30, 1998 that
were  excluded  from the calculation of diluted EPS  because  the  option's
exercise price was  greater  than  the  average  market price of the common
shares.  Dilutive common equivalent shares for the  nine month period ended
September 30, 1998 were 203,164, all attributable to stock options.

NOTE 3.  LONG-TERM DEBT

The Company's primary credit facility is with Hibernia  National  Bank (the
"Hibernia Facility").  The Hibernia Facility currently provides the Company
with  a $6.1 million term loan, a $6.0 million revolving line of credit  to
finance  working  capital  requirements  and  a  $2.9  million note used to
finance capital expenditures and acquisitions.  The loans  bear interest at
prime  plus  3%  and  have  a  final maturity of January 20, 2000.   As  of
September 30, 1999, the Company had approximately $14.5 million outstanding
under the Hibernia Facility. In  accordance with the fifth amendment signed
with the bank in September 1999, a  principal  payment  of $1.7 million was
due  on  October  31,  1999.   The Company is currently in negotiations  to
extend this payment date.

At September 30, 1999, the Company  also  has approximately $3.1 million is
outstanding  debt  pursuant  to  agreements  with   The  CIT  Group  (CIT),
consisting of two asset-based financing loans (the "CIT  Loans").   Of  the
principal outstanding under the CIT Loans, approximately $2.5 million bears
interest  at  LIBOR  plus 3.75% and matures on July 19, 2001. In accordance
with the third amendment  to  this  agreement signed in September 1999, the
principal payments due in September and  October  1999 were postponed until
the November 1999 due date and will bear interest at  prime  plus  3%.  The
remaining portion of the CIT Loans bear interest at LIBOR plus 3.0%.  These
loans  are  collateralized  by  various  seismic  drilling  units,  support
equipment and aircraft.

  The  terms  of  the  Hibernia  and  CIT  agreements  contain, among other
provisions, requirements for maintaining defined levels  of EBITDA, working
capital,  tangible net worth and cash flow coverage.  Each  agreement  also
includes cross-default  provisions  for  these covenants.  At September 30,
1999,  the  Company   was  in  violation  of  its  covenants  under   these
agreements,   excluding   tangible   net  worth,  and  accordingly  amounts
outstanding under the Hibernia and CIT agreements are classified as current
liabilities.  The Company is currently negotiating with Hibernia and CIT to
have  these  covenant  violations waived.  The  Company  is  attempting  to
refinance its current Hibernia  agreements  through  a  combination  of new
agreements  with  Hibernia  or  other  parties  which appropriately matches
principal amortization with the cashflow capabilities of the assets pledged
against  the  outstanding  obligations.   In  addition   to  attempting  to
refinance  the  outstanding  amounts  due  to  Hibernia,  the  Company   is
evaluating  other  capital raising alternatives, including additional debt,
the  sale  of  operating  assets  or  divisions,  and  other  alternatives.
Management believes  that  the  Company  will be able to obtain appropriate
financing for its operations.

In July and September 1999, the Company privately  placed  a  total of $2.0
million  in subordinated debentures with an affiliate of the Company.   The
notes bear  interest  at 12% per annum, with $1.0 million maturing on March
1, 2004 and $1.0 million  maturing  on  March  1, 2005.  In connection with
these debentures, the Company issued warrants to  purchase  up  to  640,000
shares  of  the  Company's  common  stock at an exercise price of $5.00 per
share.  The warrants vest equally over  the  next  four  years  until 2002,
unless the debentures are paid in full, in which case, those warrants  that
have  not  become  exercisable  will become void.  All warrants that become
exercisable will expire on March  1,  2004.   The  Company  has  previously
placed an additional $3.0 million in subordinated debentures with  the same
affiliate  and  issued  960,000  warrants,  bearing  the  same  terms.  The
proceeds  of  all  of  these  notes  were  used for current working capital
purposes.  The fair value of all warrants issued  as  of September 30, 1999
total approximately $0.2 million and is included as paid-in  capital.   The
effective interest rate over the term of the debt is approximately 19.5%.

In October 1999, the Company privately placed an additional $2.5 million in
subordinated  debentures with the same affiliate of the Company.  The notes
bear interest at 12.5% per annum until December 31, 1999, at which time the
rate will increase  by  0.5%  per  month  not to exceed 20% per annum.  The
notes mature on March 1, 2005, with interest  payable March 1 of each year.
In  connection  with  these  debentures,  the Company  issued  warrants  to
purchase up to 300,000 and 37,500 shares of  the  Company's common stock at
an  exercise  price of $3.00 and $2.00, respectively.   The  warrants  vest
immediately and expire on March 1, 2005.

NOTE 4.  COMPREHENSIVE INCOME

In 1998, the Financial  Accounting Standards Board ("FASB") issued SFAS No.
130, "Reporting Comprehensive  Income",  which requires an entity to report
and display comprehensive income and its components.   Comprehensive income
is as follows (thousands of dollars):

<TABLE>
<CAPTION>
                                               Three months ended     Nine months ended
                                                  September 30,         September 30,
                                               --------------------   -------------------
                                                  1999      1998        1999       1998
                                               ---------  ---------   ---------  --------
<S>                                            <C>        <C>         <C>        <C>
Net Income (Loss)                              $ (2,389)  $ (3,260)   $ (7,937)  $  2,097
Other Comprehensive Income:
Foreign currency translation adjustments              1        (34)         40        (54)
                                               --------   --------    --------   --------
Comprehensive Income (Loss)                    $ (2,388)  $  3,294    $ (7,897)  $  2,043
                                               ========   ========    ========   ========
</TABLE>

NOTE 5.  ACQUISITIONS

Effective  July  1998,  the Company entered into a joint venture with Edwin
Waldman Attie of Bolivia.   The  operating  results  of  the  joint venture
company  have  been included in the consolidated statements of income  from
the date of acquisition.   The  pro  forma  effect  of the joint venture as
though it occurred as of January 1, 1998 is not material.

NOTE 6.  ASSET IMPAIRMENT AND OTHER NON-RECURRING CHARGES

In  the  third  quarter of 1998, the Company evaluated certain  assets  for
realizability due to the reduced market activity and the related decline in
asset utilization  of  certain  categories of the Company's equipment.  The
Company recorded an asset impairment  charge  of  $1.8  million,  primarily
related to nine drilling units and 15 trucks which had become impaired  due
to  reduced  demand  and environmental impact factors which have restricted
their future use.  The Company wrote-off $1.3 million for seismic data held
for sale which was impaired due to recent price declines.  The Company also
recorded an additional $0.6 million in provision for uncollectible accounts
receivable.

In addition, in response  to  anticipated  future market conditions, in the
third  quarter of 1998 the Company's senior management  and  its  Board  of
Directors  approved  a  plan  to  reduce future operating costs and improve
operating efficiencies.  The plan involved  several  factors  including the
reorganization  of senior management and the relocation of certain  of  its
operational facilities.  Accordingly,  the  Company recorded an accrual for
severance and lease exit costs of $0.3 million  in  September  1998.  As of
September 30, 1999, the Company has paid all of these costs. Currently, the
Company has sold all of the trucks and one of the drilling units which were
considered to be impaired.  The estimated fair value of the remaining eight
drilling  units  is  approximately  $0.6  million and is included in  other
current assets.

NOTE 7.  SEGMENT INFORMATION

The following shows industry segment information  for  its  three operating
segments,  Drilling,  Survey  and  Aviation,  for the three and nine  month
periods ended September 30, 1999 and 1998:

<TABLE>
<CAPTION>
                                               Three months ended     Nine months ended
                                                  September 30,         September 30,
                                               -------------------    -------------------
                                                 1999       1998        1999       1998
                                               --------   --------    --------   --------
<S>                                            <C>        <C>         <C>        <C>
Operating revenues: (1)(2)
 Drilling                                      $  4,125   $ 11,934    $ 15,360   $ 42,183
 Survey                                           1,540      4,527       4,815     11,863
 Aviation                                         3,091      3,444       6,701      8,437
                                               --------   --------    --------   --------
        Total                                  $  8,756   $ 19,905    $ 26,876   $ 62,483
                                               ========   ========    ========   ========

</TABLE>
(1)  Net  of inter-segment revenues of $0.1 and $1.2 million for the nine
     month periods ended September 30, 1999 and 1998, respectively.

(2) Includes  $1.2  million,  $2.5  million  and $1.2 million of integrated
    services  in  South America for the three month  period  ended  September
    30,1998 and the  nine  month  periods  ended September 30, 1999 and 1998,
    respectively.

<TABLE>
<CAPTION>
                                               Three months ended     Nine months ended
                                                  September 30,         September 30,
                                               -------------------    -------------------
                                                  1999      1998        1999       1998
                                               ---------  --------    --------   --------
<S>                                            <C>        <C>         <C>        <C>
Gross profit (loss):
 Drilling                                      $   (308)  $    752    $    290   $ 10,580
 Survey                                            (177)       811      (1,180)     3,159
 Aviation                                           299      1,326         305      3,370
 Other                                             (109)       ---        (389)       ---
                                               --------   --------    --------   --------
        Total                                  $   (295)  $  2,889    $   (974)  $ 17,109

General and administrative expenses               2,266      4,378       7,912      9,214
Asset impairment & other charges                    ---      3,379         ---      3,379
Other expense, net                                  888        555       2,081      1,011
                                               --------   --------    --------   --------
Income (loss) before taxes                     $ (3,449)  $ (5,423)   $(10,967)  $  3,505
                                               ========   ========    ========   ========
Identifiable Assets:
 Drilling                                      $ 29,516   $ 35,071
 Survey                                           4,712      4,905
 Aviation                                        10,258     20,769
 Other                                           23,865     31,381
                                               --------   --------

        Total                                  $ 68,351   $ 92,126
                                               ========   ========

Capital Expenditures:
 Drilling                                      $      6   $  3,969    $    196   $  9,477
 Survey                                              15        236          38        868
 Aviation                                            55        957         104      4,636
 Other                                               33        514         348      1,501
                                               --------   --------    --------   --------
        Total                                  $    109   $  5,676    $    686   $ 16,482
                                               ========   ========    ========   ========
</TABLE>


NOTE 8.  RECENT PRONOUNCEMENTS

In  June  1998,  the  FASB  issued SFAS No. 133, "Accounting for Derivative
Instruments  and  Hedging Activities,"  which  established  accounting  and
reporting standards  that  every  derivative  instrument be recorded in the
balance sheet as either an asset or a liability measured at its fair value.
In June 1999, the FASB delayed SFAS No. 133's effective date by one year to
fiscal  years  beginning  after  June  15, 2000, with  earlier  application
permitted. Management believes the implementation  of SFAS No. 133 will not
have a material effect on its results of operations  or financial statement
disclosures as the Company historically has not used these instruments.

NOTE 9.  CONCENTRATION OF CREDIT RISK

The Company's accounts receivable includes unsecured amounts of approximately
$3.0  million  from  two  customers who have recently filed  for  Chapter  11
bankruptcy.    The  Company  currently   has   specific   reserves   totaling
approximately $0.9  million  related  to  those  receivables,  however future
additional  reserves  may  be  required  when additional information  becomes
available  from  the  unsecured  credit  committee.   The  Company  also  has
receivables totaling approximately $2.0 million from two additional customers
for which there are no foreseen collection issues.


<PAGE>
ITEM  2.  MANAGEMENT'S DISCUSSION AND ANALYSIS  OF  FINANCIAL  CONDITION  AND
RESULTS OF OPERATIONS

     Management's  Discussion and Analysis of Financial Condition and Results
of  Operations contains  certain  "forward  looking  statements"  within  the
meaning  of  Section 27A of the Securities Act of 1933 (the "Securities Act")
and Section 21E  of the Securities Exchange Act of 1934 (the "Exchange Act"),
which reflect management's  best  judgment  based on factors currently known.
Actual  results  could  differ  materially from those  anticipated  in  these
"forward looking statements" as a  result  of  a number of factors, including
but not limited to those discussed under the heading "Cautionary Statements."
"Forward looking statements" provided by the Company  pursuant  to  the  safe
harbor  established by the federal securities laws should be evaluated in the
context of these factors.

     This  discussion  should  be  read  in  conjunction  with  the financial
statements  and  the  accompanying  notes  and  "Management's Discussion  and
Analysis of Financial Condition and Results of Operations"  included  in  the
Company's Annual Report on Form 10-K for the year ended December 31, 1998.

GENERAL

     DEMAND.   Demand  for  the Company's services is principally impacted by
conditions affecting geophysical  companies engaged in the acquisition of 3-D
seismic data.  The level of activity among geophysical companies is primarily
influenced by the level of capital  expenditures by oil and gas companies for
seismic data acquisition activities.  A number of factors affect the decision
of oil and gas companies to pursue the acquisition of seismic data, including
(i) prevailing and expected oil and gas  demand  and prices; (ii) the cost of
exploring  for,  producing  and developing oil and gas  reserves;  (iii)  the
discovery rate of new oil and gas reserves; (iv) the availability and cost of
permits and consents from landowners  to  conduct seismic activity; (v) local
and  international  political  and  economic  conditions;  (vi)  governmental
regulations; and (vii) the availability and cost  of capital.  The ability to
finance  the  acquisition  of  seismic data in the absence  of  oil  and  gas
companies' interest in obtaining  the  information  is  also a factor as some
geophysical companies will acquire seismic data on a speculative basis.

     Within  the  last  decade,  improvements  in  drilling  and   production
techniques and the acceptance of 3-D imaging as an exploration tool  resulted
in  significantly increased seismic activity throughout the Transition  Zone.
Due to  this  increased  demand,  the  Company  significantly  increased  its
capacity as measured by drilling units, support equipment and employees.  The
additional  capacity  and  related  increase in work force led to significant
increases in the Company's revenue and  generally  commensurate  increases in
operating  expenses and selling, general and administrative expenses  through
the second quarter  of  1998.  Beginning in mid-1998, seismic activity in the
areas in which the Company  operates  decreased  substantially,  resulting in
corresponding  reductions in demand for the Company's services and  adversely
affected results  of  operations.   As  described  in Note 6 to the financial
statements,  management  has  taken a number of steps to  reduce  its  excess
capacity and related operating  expenses  in  response  to  the  recent sales
levels.

     SEASONALITY AND WEATHER RISKS. Results of operations for interim periods
are not necessarily indicative of the operating results that may be  expected
for  the  full fiscal year.  The Company's operations are subject to seasonal
variations  in  weather  conditions  and daylight hours.  Since the Company's
activities take place outdoors, on average,  fewer  hours are worked per day,
aviation  flight  hours  decline  and  fewer holes are generally  drilled  or
surveyed per day in winter months than in  summer  months, due to an increase
in rainy, foggy, and cold conditions and a decrease in daylight hours.

<TABLE>
<CAPTION>
RESULTS OF OPERATIONS                          THREE MONTHS ENDED     NINE MONTHS ENDED
                                                  SEPTEMBER 30,         SEPTEMBER 30,
                                               -------------------    -------------------
                                                 1999       1998        1999       1998
                                               --------   --------    --------   --------
<S>                                            <C>        <C>         <C>        <C>
Operating revenue                              $  8,756   $ 19,905    $ 26,876   $ 62,483
Operating expense                                 9,051     17,016      27,850     45,374
                                               --------   --------    --------   --------
Gross profit                                       (295)     2,889        (974)    17,109
General and administrative expenses               2,266      4,378       7,912      9,214
Asset impairment and other charges                  ---      3,379         ---      3,379
                                               --------   --------    --------   --------
Operating income (loss)                          (2,561)    (4,868)     (8,886)     4,516
Interest expense                                    687        474       1,967      1,211
Other income (expense)                             (201)       (81)       (114)       200
                                               --------   --------    --------   --------
Income (loss) before income taxes                (3,449)    (5,423)    (10,967)     3,505
Income tax expense (benefit)                     (1,047)    (2,180)     (2,673)     1,391
                                               --------   --------    --------   --------
Net income (loss), including minority
 interest                                        (2,402)    (3,243)     (8,294)     2,114
Minority interest                                   (13)        17        (357)        17
                                               --------   --------    --------   --------
Net income (loss)                              $ (2,389)  $ (3,260)   $ (7,937)  $  2,097
                                               --------   --------    --------   --------
</TABLE>


THREE  MONTHS  ENDED  SEPTEMBER  30,  1999 COMPARED TO THREE  MONTHS  ENDED
SEPTEMBER 30, 1998

     Operating revenues decreased 56%, or $11.1 million, from $19.9 million
for the three months ended September 30, 1998 to $8.8 million for the three
months ended September 30, 1999.  As a  result  of  the  decline in seismic
activity during the last year, drilling and survey revenues  decreased $7.8
million  and $1.7 million, respectively, to $4.1 million and $1.6  million,
respectively,  for  the  three  months  ended September 30, 1999.  Aviation
revenues decreased $0.4 million from $3.5  million  for  the  three  months
ended  September  30,  1998  to  $3.1  million  for  the three months ended
September  30,  1999.   The  Company's  South  American joint  venture  had
revenues  of $1.2 million for the three months ended  September  30,  1998.
There were  no  similar  revenues  for the three months ended September 30,
1999.

     Operating expenses decreased 46%,  or $7.9 million, from $17.0 million
for the three months ended September 30, 1998 to $9.1 million for the three
months ended September 30, 1999.  Declines  in  payroll  costs and contract
services  accounted  for 57% of this decrease as operating payroll  expense
decreased from $7.8 million to $3.9 million and contract services decreased
from $0.9 million to $0.3 million for the quarters ended September 30, 1998
and 1999, respectively.   The  significant decrease in seismic activity has
resulted in a corresponding decrease in the amount of personnel employed by
the Company, as the average number  of  field employees has declined to 324
for the three months ended September 30, 1999 compared to 694 for the three
months ended September 30, 1998.  Also as  a  result  of the lower activity
levels  in the third quarter of 1999 as compared to the  third  quarter  of
1998, explosives and fuel costs, repairs and maintenance expenses and field
supply costs  decreased  $3.1 million from $5.4 million to $2.3 million for
the  three  months  ended  September   30,  1998  and  1999,  respectively.
Depreciation expense decreased 25%, or $0.3  million,  to  $0.9 million for
the three months ended September 30, 1999.  This decrease is  due primarily
to the sale leaseback transaction involving 19 of the Company's helicopters
in May 1999.

     Gross  profit  margins  were  15% and (3)% for the three months  ended
September 30, 1998 and 1999, respectively.  The variance is attributable to
substantially lower domestic revenues  from  the Company's Drilling, Survey
and  Aviation segments, as well as decreased activity  from  the  Company's
South American operations.

     General  and  administrative  expenses were $4.4 million for the three
months ended September 30, 1998 compared  to  $2.3  million  for  the three
months  ended  September 30, 1999, a 48% decrease.  Payroll costs decreased
$0.6 million from  $1.8  million  for  the  third  quarter  of 1998 to $1.2
million  for the third quarter of 1999.  These decreases are due  primarily
to lower personnel levels as the average number of administrative employees
declined to  76 for the three months ended September 30, 1999, from 105 for
the  three months  ended  September  30,  1998.   Advertising,  travel  and
entertainment,  professional  services  expense  and  other  decreased $0.7
million, from $1.3 million for the three months ended September 30, 1998 to
$0.6  million  for  the three months ended September 30, 1999, due  to  the
decreased activity levels.

     Interest expense  increased  $0.2  million  from  $0.5 million for the
three month period ended September 30, 1998 to $0.7 million  for  the three
month  period  ended  September  30,  1999, due primarily to higher average
levels of debt outstanding during the periods.

     Due to the losses for the periods  ended  September 30, 1998 and 1999,
the Company recorded an income tax benefit of $2.2 million and $1.0 million
for those periods, respectively.

NINE  MONTHS  ENDED  SEPTEMBER  30,  1999  COMPARED TO  NINE  MONTHS  ENDED
SEPTEMBER 30, 1998

     Operating revenues decreased $35.6 million, or 57%, from $62.5 million
to $26.9 million for the nine month periods  ended  September  30, 1998 and
1999,  respectively.   Drilling  revenues decreased $27.8 million to  $14.4
million for the nine months ended  September  30,  1999.   Survey  revenues
decreased  $7.4  million,  from  $10.7  million  for  the nine months ended
September 30, 1998 to $3.3 million for the nine months  ended September 30,
1999.   Aviation  revenues decreased $1.7 million to $6.7 million  for  the
nine months ended September  30, 1999 from $8.4 million for the nine months
ended September 30, 1998.  These  decreases  were  related  to  declines in
market  activity  and were partially offset by an increase in international
revenues of $1.3 million,  from  $1.2  million  for  the  nine months ended
September 30, 1998 to $2.5 million for the nine months ended  September 30,
1999.

     Operating expenses decreased $17.5 million, or 39%, from $45.4 million
for the nine months ended September 30, 1998 to $27.9 million for  the nine
months  ended  September  30,  1999.   Decreases  in  operating payroll and
contract  services  costs accounted for 61% of this decrease  as  operating
payroll decreased $6.9  million  to $13.7 million for the nine months ended
September 30, 1999, and contract services  decreased  $3.7  million to $0.4
million  for  the  nine months ended September 30, 1999.  The decreases  in
seismic activity have  resulted  in  less contract services required by the
Company, as well as fewer personnel as  the  number of field employees fell
from 639 at September 30, 1998 to 317 at September  30,  1999.  As a result
of the declines in the utilization of the Company's equipment,  repairs and
maintenance  expense  decreased  46% from $6.7 million for the nine  months
ended  September  30,  1998  to $3.6 million  for  the  nine  months  ended
September 30, 1999.  Explosives  costs  decreased  $2.6  million  from $3.7
million  for  the nine months ended September 30, 1998 to $1.1 million  for
the nine months  ended  September  30,  1999  due  to  less  jobs requiring
explosives.  Insurance and supplies expense decreased $1.6 million  to $1.4
million for the nine months ended September 30, 1999.  These decreases were
partially offset by a $0.6 million increase in rent and lease expense  from
$1.6 to $2.2 million for the nine months ended September 30, 1998 and 1999,
respectively.  This increase is due primarily to the sale and leaseback  of
19  of  the  Company's  helicopters  in  May  1999.   Depreciation remained
relatively constant at $3.3 million for the each of the  nine month periods
ended September 30, 1998 and 1999.

     Gross  profit  margins  were  27%  and (4)% for the nine months  ended
September 30, 1998 and 1999, respectively.  The variance is attributable to
substantially lower domestic revenues from  the  Company's Drilling, Survey
and  Aviation  segments,  as well as losses incurred  from  South  American
operations.  The Company has  reduced  South American operating levels to a
minimum pending future projects and expects  no  future  operating  losses.
Domestic operations resulted in a 2% gross margin for the nine months ended
September 30, 1999.

     General  and  administrative  expenses decreased $1.3 million, or 14%,
from $9.2 million to $7.9 million for  the  nine months ended September 30,
1998 and 1999, respectively.  Payroll and insurance  costs  increased  $0.3
million  from  $4.2  million  to  $4.5  million  for  the nine months ended
September 30, 1998 and 1999, respectively.  This increase  was  due  to  an
increased  level  of  administrative  employees  as  the  average number of
personnel  increased  from  86  to  99  for  the  nine month periods  ended
September 30, 1998 and 1999, respectively. The increase  in  administrative
personnel was due primarily to the South American joint venture  that  took
place  in  July  1998.  Amortization expense increased $0.2 million to $0.7
million for the nine months ended September 30, 1999.  These increases were
offset by decreases  in advertising, travel and entertainment, professional
services and other as  these  expenses  decreased  $0.9  million  from $2.5
million  to  $1.6 million for the nine months ended September 30, 1998  and
1999, respectively.   Bad  debt  expense  decreased  $0.9  million  to $0.2
million  for  the nine months ended September 30, 1999.  This decrease  was
due primarily to  a  $0.6 million additional reserve for bad debts recorded
in September 1998.

     Interest expense increased $0.8 million, or 67%, from $1.2 million for
the nine months ended  September  30,  1998  to  $2.0  million for the nine
months  ended September 30, 1999, due primarily to higher  levels  of  debt
outstanding for the period ended September 30, 1999.

     Income  tax  expense  was  $2.1  million  for  the  nine  months ended
September  30,  1998.   Due to the loss for the nine months ended September
30, 1999, there was an income  tax benefit of $2.7 million. The actual rate
is  less  than  the  effective tax rate  due  primarily  to  non-deductible
goodwill and to approximately  $0.5  million  in  a valuation allowance for
foreign tax assets that was recorded in the second  quarter  of  1999 whose
realizability is no longer deemed more probable than not.

LIQUIDITY AND CAPITAL RESOURCES

     At  September 30, 1999, the Company had approximately $0.4 million  in
cash compared  to  approximately  $3.3  million  at December 31, 1998.  The
Company had a $(5.9) million working capital deficit at September 30, 1999,
compared to a $5.8 million working capital position  at  December 31, 1998.
The  decrease  in  working  capital  is  due to lower cash levels  and  the
reclassification of a significant portion  of  the Company's long-term debt
to current debt due to maturity dates and defaults  of certain instruments,
partially offset by decreases in accounts payable.

     Cash used in operating activities was $6.6 million  and  $1.3  million
for  the nine months ended September 30, 1999 and 1998, respectively.   The
Company's  net  loss  was  the  single largest contributing factor in 1999.
During   1999,  the  Company  has  restructured   its   senior   management
compensation  plans,  reduced  its workforce and sold its office located in
Thibodaux, Louisiana.  The Company  has  also  moved the equipment from its
Canadian and South American operations and has reduced  operating levels to
a minimum pending future projects.

     The Company's primary credit facility is with Hibernia  National  Bank
(the  "Hibernia  Facility").   The Hibernia Facility currently provides the
Company with a $6.1 million term  loan,  a  $6.0  million revolving line of
credit to finance working capital requirements and a $2.9 million note used
to finance capital expenditures and acquisitions.   The loans bear interest
at  prime plus 3% and have a final maturity of January  20,  2000.   As  of
September 30, 1999, the Company had approximately $14.5 million outstanding
under  the Hibernia Facility. In accordance with the fifth amendment signed
with the bank in September 1999, the Company owed $1.7 million in principal
on these  notes,  payable  October  31,  1999.  The Company is currently in
negotiations to extend this payment date.

     At September 30, 1999, the Company also has approximately $9.2 million
in  other  loans  outstanding,  including  approximately  $3.1  million  in
outstanding  debt  pursuant  to  agreements  with   The  CIT  Group  (CIT),
consisting of two asset-based financing loans (the "CIT  Loans").   Of  the
principal outstanding under the CIT Loans, approximately $2.5 million bears
interest  at  LIBOR  plus 3.75% and matures on July 19, 2001. In accordance
with the third amendment  to  this  agreement signed in September 1999, the
principal payments due in September and  October  1999 were postponed until
the November 1999 due date and will bear interest at  prime  plus  3%.  The
remaining portion of the CIT Loans bear interest at LIBOR plus 3.0%.  These
loans  are  collateralized  by  various  seismic  drilling  units,  support
equipment and aircraft.

     The  terms  of  the  Hibernia  and CIT agreements contain, among other
provisions, requirements for maintaining  defined levels of EBITDA, working
capital, tangible net worth and cash flow coverage.   Each  agreement  also
includes  cross-default  provisions  for these covenants.  At September 30,
1999, the Company was in violation of  each  of  its  covenants under these
agreements,   excluding   tangible  net  worth,  and  accordingly   amounts
outstanding under the Hibernia and CIT agreements are classified as current
liabilities.  The Company is currently negotiating with Hibernia and CIT to
have  these  covenant violations  waived.  The  Company  is  attempting  to
refinance its  current  Hibernia  agreements  through  a combination of new
agreements  with  Hibernia  or  other  parties which appropriately  matches
principal amortization with the cashflow capabilities of the assets pledged
against  the  outstanding  obligations.   In   addition  to  attempting  to
refinance  the  outstanding  amounts  due  to  Hibernia,   the  Company  is
evaluating  other capital raising alternatives, including additional  debt,
the  sale  of  operating  assets  or  divisions,  and  other  alternatives.
Management believes  that  the  Company  will be able to obtain appropriate
financing for its operations.

     In July and September 1999, the Company  privately  placed  a total of
$2.0  million  in subordinated debentures with an affiliate of the Company.
The notes bear interest  at  12%  per  annum, with $1.0 million maturing on
March 1, 2004 and $1.0 million maturing  on  March  1, 2005.  In connection
with  these  debentures,  the  Company issued warrants to  purchase  up  to
640,000 shares of the Company's  common stock at an exercise price of $5.00
per share.  The warrants vest equally  over the next four years until 2002,
unless the debentures are paid in full,  in which case, those warrants that
have not become exercisable will become void.   All  warrants  that  become
exercisable  will  expire  on  March  1,  2004.  Prior to this quarter, the
Company  privately  placed  an  additional  $3.0  million  in  subordinated
debentures with the same affiliate and issued 960,000 warrants, bearing the
same  terms.   The proceeds of all of these notes  were  used  for  current
working capital  purposes.   The  fair  value  of  all  warrants  issued is
included  as paid-in capital and the effective interest rate over the  term
of the debt  is  19.5%.   The  total due to this affiliate at September 30,
1999 was $5.0 million.

     In  October 1999, the Company  privately  placed  an  additional  $2.5
million in  subordinated debentures with the same affiliate of the Company.
The notes bear  interest  at  12.5%  per  annum until December 31, 1999, at
which time the rate will increase by 0.5% per  month  not to exceed 20% per
annum.  The notes mature on March 1, 2005, with interest payable March 1 of
each  year.   In  connection  with  these  debentures,  the Company  issued
warrants  to  purchase  up  to  300,000 and 37,500 shares of the  Company's
common stock at an exercise price  of  $3.00  and $2.00, respectively.  The
warrants vest immediately and expire on March 1, 2005.

     At  September  30, 1999, other remaining indebtedness  includes:   (i)
$40,000 owed to Delta  Surveys,  Inc.  (8.5%  interest rate; March 31, 2000
maturity date), (ii) $54,000 incurred in connection  with  the formation of
OMNI  Geophysical  (March  1,  2001  maturity date) and (iii) approximately
$1,000,000  owed to finance and insurance  companies  incurred  to  finance
certain of the Company's insurance premiums.

     The Company  currently  expects  minimal  capital expenditures for the
remainder of 1999.

IMPACT OF YEAR 2000 COMPLIANCE

     The Year 2000 (Y2K) issue is the result of  computerized systems being
written  to store and process the year portion of dates  using  two  digits
rather than  four.   Date-aware systems (i.e., any system or component that
performs  calculations,   comparisons,   sequencing,  or  other  operations
involving dates) may fail or produce erroneous results on or before January
1, 2000 because the year 2000 will be interpreted as the year 1900.

     STATE  OF READINESS.  The Company has  been  pursuing  a  strategy  to
ensure all its  significant  computer systems will be able to process dates
from and after January 1, 2000,  including  leap  years,  without  critical
systems  failure  (Y2K  Compliant or Y2K Compliance).  Computerized systems
are integral to the operations  of the Company, particularly for accounting
and operations control.  Progress  of  the  Y2K  plan is being monitored by
senior  management.  The Company believes all critical  components  of  the
plan are completed.

     The  majority  of  computerized  date-sensitive  hardware and software
components  used by the Company are covered by maintenance  contracts  with
the vendors who  originally  implemented  them.   All of these vendors have
been   contacted  regarding  Y2K  Compliance  of  their  products.    Where
necessary,  software modifications to ensure compliance will be provided by
the appropriate vendors under their maintenance contracts.

     INFORMATION  TECHNOLOGY  AND  NON-INFORMATION TECHNOLOGY SYSTEMS.  The
bulk  of  computerized  business systems  processing  is  provided  through
commercial third party software licensed by the Company.  This software has
been  tested for compliance  and  the  Company  believes  that  it  is  Y2K
Compliant.   Additionally, the Company has implemented a more sophisticated
software package  to  meet  their  reporting  and  operational  needs.   An
assessment  of  all  embedded systems contained in the Company's buildings,
equipment and other infrastructure  has  been completed.  These assessments
revealed the need to upgrade the current phone  voice  mail  system.   This
process was completed in the second quarter of 1999.

     THIRD  PARTY  RISKS.   The  Company's  computer systems are not widely
integrated with the systems of its suppliers  or  customers.   The  primary
potential  Y2K risk attributable to third parties would be from a temporary
disruption in certain material and services provided by third parties.  The
Company has  contacted all significant vendors regarding the vendor's state
of  readiness  and   contingency  plans.   To  date,  no  material  adverse
information has been received.   Additionally,  effective November 1, 1998,
Y2K Compliance requirements have been included in all purchasing contracts.

     COSTS  TO ADDRESS THE Y2K ISSUES.  Based on current  information,  the
Company believes  that  the  cost of Y2K Compliance will not be significant
and will be provided for through  its normal operating and capital budgets.
These estimates are management's best  estimates,  which  are derived using
numerous assumptions of future events including the continued  availability
of  certain resources, third party modifications and other factors.   There
can be  no  assurance that the systems of other companies will be converted
on a timely basis  or  that  failure  to  convert  will not have a material
adverse effect on the Company.

     RISKS OF THE Y2K ISSUES.  Based on preliminary  risk  assessment  work
conducted  thus  far,  the  Company  believes  the  most likely Y2K related
failures would probably be temporary disruptions in certain  materials  and
services  provided  by third parties, which would not be expected to have a
material adverse effect  on the Company's financial condition or results of
operations.

     CONTINGENCY PLANS.  Although  the  Company  believes the likelihood of
any  or  all of the above risks occurring to be low,  specific  contingency
plans to address certain risk areas have been developed.  The Company is in
the process  of  creating  manual  forms for distribution to all of the job
sites in the case of computer problems.   Also,  emergency phone lists have
been made for all supervisors.  Although plans have been made, there can be
no assurance that the Company will not be materially  adversely affected by
Y2K problems or related costs.

<PAGE>

FORWARD-LOOKING STATEMENTS

     This  Quarterly Report contains certain "forward-looking statements"
within the meaning  of  Section 27A of the Securities Act and Section 21E
of the Exchange Act.  All  statements other than statements of historical
fact included in this report  regarding  the Company's financial position
and liquidity, its strategic alternatives, future capital needs, business
strategies and other plans and objectives  of  management  of the Company
for  future  operations  and  activities, are forward-looking statements.
These statements are based on certain  assumptions  and  analyses made by
the Company's management in light of its experience and its perception of
historical  trends, current conditions, expected future developments  and
other factors  it believes are appropriate under the circumstances.  Such
forward-looking  statements are subject to uncertainties that could cause
the Company's actual  results  to differ materially from such statements.
Such uncertainties include but are  not limited to: the volatility of the
oil  and  gas  industry,  including the level  of  offshore  exploration,
production  and development  activity;  changes  in  competitive  factors
affecting the  Company's  operations;  operating  hazards,  including the
significant  possibility  of  accidents  resulting  in  personal  injury,
property  damage  or  environmental  damage;  the effect on the Company's
performance of regulatory programs and environmental matters; seasonality
of  the  offshore  industry  in  the Gulf of Mexico;  and  the  Company's
dependence on certain customers.   These  and other uncertainties related
to the Company's business are described in  detail in the Company's other
public  filings.  Although  the Company believes  that  the  expectations
reflected in such forward-looking  statements are reasonable, it can give
no assurance that such expectations  will  prove  to be correct.  You are
cautioned   not   to   place  undue  reliance  on  these  forward-looking
statements,  which speak  only  as  of  the  date  hereof.   The  Company
undertakes no  obligation to update any of its forward-looking statements
for any reason.


PART II - OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

     (a)  The following exhibits are filed herewith:


          3.1     Amended and Restated Articles of Incorporation of the
                  Company (1).

          3.2     By-laws of the Company (1)

          27.1    Financial Data Schedule

___________________
(1)     Incorporated by reference to the Company's Registration Statement
        on Form S-1 (Registration Statement No. 333-36561).


     (b)  Reports on Form 8-K:
          On July 26, 1999, the Company filed a Current Report on Form 8-K
          reporting, under Items 5 and 7, the resignation of Robert F. Nash
          as its President and Chief Executive Officer and its financial
          results for the quarter ended June 30, 1999.


<PAGE>
                                SIGNATURES

     Pursuant  to  the requirements of the Securities Exchange Act of 1934,
the registrant  has  duly  caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.

                                        OMNI ENERGY SERVICES CORP.

                                        /S/ JOHN H. UNTEREKER
                                        John H. Untereker
                                        President and Chief Financial
                                        Officer
Dated: November 12, 1999