Geophysical Service Inc.
SEG Distinguished Achievement Award 1986
GSI was the first organization to receive SEG's Distinguished Achievement Award.
History of Geophysical Service Inc.
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%).
History of GSI from Karcher's initial idea about reflection seismology until 1980.
Thunder Wagon on the Beaufort Sea. Arctic exploration using airgun source lowered through ice. (Technical direction by Davey Einarsson.)
Wheels to the Artic. Challenges and techniques in Artic Exploration
Arctic Data Collection. Challenges and techniques in Artic Exploration
City on Sleighs. Mobile arctic field camps.
Breaking the Ice Barrier. GSI seismic vessels Arctic Explorer and Carrino are ships to traverse Northwest Passage collecting seismic data.
British TV station ITN interviews marine crew on seismic survey of North Sea in the autumn of 1963. The reporter asks "Will there be oil under the North Sea?" The Kyle Anne was skippered by Ed Norris with party manager Bill Blakely. Crew included Alan Cook (later Aramco Special Projects Group leader), and Derrick Painter (later GSI research and development project leader). They used a 2400 meter cable to collect 3 fold data.
Personal Development. GSI president Dolan McDaniel describes important company policies for individual development and company profitability. Policies including fair treatment, meaningful work, open communications, personal development, above average pay and benefits are important to company success. George Steel demonstrates open door policy (no spoken lines). Davey Einarsson appears in executive management meeting (who are those other managers?). Notice the red, blue, yellow, and gold badges. Remember to "do it right the first time" (DIRTFT). Create quality improvement Teams (QIT).
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. Paul Einarsson is the COO and Chairman of Geophysical Service Incorporated. He joined the company in 1997. GSI currently has offices in Houston TX, and Calgary AB.
GSI is the largest owner of marine seismic data in Canada.
Recent developments: GSI is currently involved in several cases of litigation for damages over disclosure of its confidential seismic data. The court challenges include litigation with the Canada-Newfoundland Offshore Petroleum Board, the Canada-Nova Scotia Offshore Petroleum Board and companies that have obtained GSI data from a third party or government who have no right to the data.
GSI is still active in licensing seismic data to clients. Available data includes offshore Canada and offshore southern Atlantic.