About Seitel
Seitel is a company based in Houston (United States) founded in 1982 was acquired by Pulse Seismic in January 2019.. The company has 41 employees as of December 31, 2021. Seitel offers products and services including Data Library, Seismic Surveys, and Acquisition Portal. Seitel operates in a competitive market with competitors including Drillinginfo, Petroleum Geo Services, Rystad Energy, Wireless Seismic and ION Geophysical, among others.
- Headquarter Houston, United States
- Employees 41 as on 31 Dec, 2021
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Sectors
Energy & UtilitiesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Seitel Inc
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Annual Revenue
$90.25 M-5as on Dec 31, 2017
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Net Profit
$-31.48 M-29as on Dec 31, 2017
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EBITDA
$69.86 M-1as on Dec 31, 2017
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Latest Funding Round
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Investors
Pulse Seismic
& 1 more
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Employee Count
41
as on Dec 31, 2021
- Acquired by
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Products & Services of Seitel
Seitel offers a comprehensive portfolio of products and services, including Data Library, Seismic Surveys, and Acquisition Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides access to seismic data for energy exploration projects.
Designs and executes surveys for oil, gas, and sequestration needs.
Facilitates seismic data acquisition and processing for clients.
Funding Insights of Seitel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Seitel
Seitel has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Pulse Seismic and Centerbridge Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Centerbridge Partners is engaged in alternative investment management.
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Founded Year | Domain | Location | |
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Provides of 2D and 3D seismic data to the western Canadian energy sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Seitel
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Seitel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Seitel Comparisons
Competitors of Seitel
Seitel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Drillinginfo, Petroleum Geo Services, Rystad Energy, Wireless Seismic and ION Geophysical, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Data analytics solutions are offered for upstream oil and gas.
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| domain | founded_year | HQ Location |
Provider of marine-focused geophysical services
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| domain | founded_year | HQ Location |
Data and insights on Oil and Gas industry
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| domain | founded_year | HQ Location |
Developers of wireless seismic recording systems
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| domain | founded_year | HQ Location |
AI-driven seismic solutions are provided for oil and gas exploration.
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| domain | founded_year | HQ Location |
Seismic imaging software and enhanced oil recovery solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Seitel
Frequently Asked Questions about Seitel
When was Seitel founded?
Seitel was founded in 1982.
Where is Seitel located?
Seitel is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of Seitel?
Robert Monson is the current CEO of Seitel.
How many employees does Seitel have?
As of Dec 31, 2021, the latest employee count at Seitel is 41.
What is the annual revenue of Seitel?
Annual revenue of Seitel is $90.25M as on Dec 31, 2017.
What does Seitel do?
Founded in 1982 and headquartered in Houston, United States, seismic data is provided by Seitel to oil and gas companies. New seismic surveys are designed, marketed, and executed for exploration purposes. Access is enabled to information on prices, drilling plans, processing, and acquisitions. Updated details on company structures, governance, and reports are also made available through its services.
Who are the top competitors of Seitel?
Seitel's top competitors include Petroleum Geo Services, Drillinginfo and Acceleware.
What products or services does Seitel offer?
Seitel offers Data Library, Seismic Surveys, and Acquisition Portal.
Who are Seitel's investors?
Seitel has 2 investors. Key investors include Pulse Seismic, and Centerbridge Partners.
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