In the early days of the seismic industry, services were provided by a wide range of providers, from E&P company crews and vessels to a large number of localized operators of variable quality. The industry has matured over the last few decades and is now a much more ordered business—still including both local and regional service companies as well as major, global players.

Today, the geophysical industry faces many challenges: the consolidation of our customer base, the drive by our customers to commoditize seismic services; the exertion of market power in an attempt to shift risks to the seismic service...

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