Geophysical Pursuit

What Geophysical Pursuit does

Geophysical Pursuit Inc. (GPI) is a privately-held, debt-free seismic data company headquartered in Houston, Texas, founded in 1984 by Jeff Springmeyer. The company specializes in the acquisition and licensing of multi-client seismic data for oil and gas reservoir understanding, serving upstream energy companies that require subsurface information to support exploration, drilling, and reservoir management decisions. GPI's operations are entirely domestic, covering prolific oil and gas basins across the United States and the Gulf of Mexico.

GPI's core technology and product surface consists of a multi-client seismic data library, an interactive web-based map for library search, and a multi-client acquisition program business. The library encompasses over 300 3D surveys, 22,000+ miles of 2D data, and more than 28,000 square miles of 3D coverage onshore and in the Gulf of Mexico. New data is acquired through 100% GPI-owned contracts or joint venture partnerships with seismic contractors, designed to deliver contiguous coverage across multiple areas of interest and reduce edge effects for better reservoir imaging. The company's technical leadership, including Geophysical Manager Martin Stupel (formerly a 16-year veteran of the world's largest seismic contractor) and Senior Geophysicist Christopher Lindsey, oversees the application of geophysical technology to acquisition and processing across these programs.

GPI operates a sales-led, direct B2B model with a small team of roughly 10 employees. Revenue is generated by licensing seismic data from the library to oil and gas companies and by developing new multi-client acquisition programs funded through client pre-funding, joint ventures, or trade data arrangements. Pricing is quote-based, structured around survey area, data type, geographic coverage, and licensing terms, with multi-year contracts and a stated 48-hour inquiry response time. The company reaches clients through a direct sales team, the company website (including the interactive map and shapefile request workflow), email newsletters, and participation in industry organizations such as the Society of Exploration Geophysicists (SEG), of which GPI is a founding investor of the SAGE Endowment. Leadership transitioned at the end of 2025 with the retirement of founder Jeff Springmeyer and VP Larry Galloway, followed by the appointment of Reid Springmeyer as President and Taylor Galloway as Vice President in 2026.

Name

Geophysical Pursuit

Legal name

Geophysical Pursuit Inc.

Website

https://geopursuit.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

1–10 employees

Short description

Geophysical Pursuit Inc. is a privately-held Houston-based seismic data company that acquires and licenses multi-client 2D and 3D seismic data covering 28,000+ square miles across major US oil and gas basins and the Gulf of Mexico, serving upstream energy companies with reservoir and exploration data needs.

Ownership category

akta.pro rank

Product category

Seismic Data Services

NAICS

Geophysical Surveying and Mapping Services (541360), Geophysical Surveying and Mapping Services (54136)

SIC

Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Seismic & Geoscience Services (Acquisition, Processing, Interpretation) (EUALABAK)

Keywords

• Multi-client seismic data
• Seismic data licensing
• Geophysical data acquisition
• Oil and gas exploration
• 3D seismic surveys

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Seismic Data Licensing: GPI generates revenue through licensing of seismic data from its multi-client library to energy companies. Clients pay to license access to seismic data for their exploration and drilling decisions. The company also develops new seismic programs through joint ventures and trade data arrangements.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Geophysical Pursuit Inc. (GPI) is a relationship-driven seismic company that acquires and licenses multi-client seismic data for oil and gas reservoir understanding. The company operates a library of over 300 3D surveys and 22,000 miles of 2D data across key US oil and gas basins and the Gulf of Mexico, and develops new multi-client seismic acquisition programs through joint venture partnerships or 100% company-owned contracts with seismic contractors.

Product overview

Geophysical Pursuit Inc. (GPI) is a relationship-driven seismic data company specializing in the acquisition and licensing of multi-client seismic data for oil and gas reservoir understanding. Founded in 1984, the company operates three core offerings: (1) a Seismic Data Library containing over 300 3D surveys and 22,000 miles of 2D data across major US oil and gas basins and the Gulf of Mexico, (2) an Interactive Map tool for searching and exploring the seismic library, and (3) Multi-Client Seismic Acquisition programs developed through joint ventures or 100% GPI-owned contracts. The company also provides Data Licensing services for accessing and integrating their seismic data into client workflows.

Differentiator

Problem solved

Functional benefit

Products and services

• Seismic Data Library

Quantifiable outcome

• Trusted by energy companies for seismic data delivery

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Society of Exploration Geophysicists (SEG)coreStrategic or Co-development Partner · 1 January 1984GPI is a founding investor of the Summer of Applied Geophysical Experience (SAGE) Endowment, providing the initial endowment to the summer research program created by the SEG. The program supports the furthering of geophysical knowledge and field experience for aspiring geophysicists. Martin Stupel, Geophysical Manager, serves as SEG Foundation board member and 2024 Treasurer, and has served as Continuing Education instructor.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• WesternGeco (Schlumberger): WesternGeco, part of SLB, is a global seismic acquisition and multi-client library business operating as part of the larger oilfield services conglomerate. Comparable to GPI as a multi-client seismic library operator, but with vastly greater scale, proprietary technology, and integrated service offerings.

Direct peers

• ION Geophysical: ION Geophysical provides seismic acquisition technology, multi-client data libraries, and processing services to oil and gas operators. Directly comparable to GPI in seismic data licensing and library management, with overlapping customer base in US and international upstream markets.
• CGG: CGG is a global geoscience company providing multi-client seismic data libraries, acquisition, and processing services to oil and gas operators. Directly comparable to GPI's multi-client seismic library and licensing model, though with significantly broader scope.
• SAExploration: SAExploration is a seismic acquisition company focused on land and marine environments, providing multi-client and proprietary data acquisition services. Comparable to GPI in seismic acquisition and data services for oil and gas exploration, though more acquisition-focused and less library-centric.
• PGS (Petroleum Geo-Services): PGS operates a global multi-client seismic data library and acquisition fleet, providing 2D/3D data licensing to oil and gas companies. Directly comparable to GPI in multi-client seismic licensing, with broader geographic coverage and in-house acquisition capability.
• TGS: TGS is the largest multi-client seismic data library company globally, offering both 2D and 3D seismic datasets and licensing to oil and gas operators. Directly comparable to GPI as a multi-client seismic library licensor serving upstream E&P customers.
• Pulse Seismic: Pulse Seismic is a Canadian-based provider of multi-client 2D and 3D seismic data to the oil and gas industry, primarily in Western Canada. Comparable to GPI in the multi-client library and licensing business model, though focused on Canadian rather than US basins.
• Seitel: Seitel is a leading provider of seismic data to the oil and gas industry, holding one of the largest onshore seismic data libraries in North America. Directly comparable to GPI in multi-client seismic data licensing to upstream operators in US basins.

Emerging players

• Dawson Geophysical: Dawson Geophysical provides land seismic data acquisition services for the oil and gas industry in the United States. Comparable to GPI in US-focused seismic operations, though primarily an acquisition contractor rather than a multi-client library owner.
• Geokinetics: Geokinetics provides seismic data acquisition and processing services with multi-client library operations in select international and US regions. Comparable to GPI in seismic acquisition and data services, with overlapping US onshore focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/geophysicalpursuit
• LinkedInlinkedin.com/company/geophysical-pursuit-inc-

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Geophysical Pursuit