The Company owns and licenses a nonproprietary seismic data library and initiates new seismic data through multi-client shoots with oil and gas companies. In September 2000, the Company announced its intention to create a product that will enable its clients to access and interact, via the Internet, with the one petabyte of seismic data owned and marketed by Seitel. The Company, through its wholly owned subsidiary, DDD Energy, Inc., explores, finds, develops, produces and sells oil and natural gas reserves. Seitel also explores for, develops and owns natural gas and crude oil reserves.
Revenues reflect an increase in licensing of existing data and higher market prices for oil and gas.
Net income also reflects improved operating margins. VP - Fin., Treasurer, Sec. All Rights Reserved. Privacy Policy - Terms of Service Company information Copyright Market Guide . Data and information is provided for informational purposes only, and is not intended for trading purposes.