Stocks / NYSE / Ion Geophysical Corporation

Ion Geophysical Corporation

Company Description

ION Geophysical Corp. is a global, technology focused company that provides geoscience technology, services and solutions to the global oil and gas industry. It operates through four business segments: Solutions, Systems, Software and Ocean Bottom Services. The Solutions segment includes advanced seismic data processing services for marine and land environments, reservoir solutions, onboard processing, quality control, seismic data libraries and Integrated Seismic Solutions. The Systems segment includes towed streamer, redeployable ocean bottom cable seismic data acquisition systems, shipboard recorders, streamer positioning, control systems, energy sources and analog geophone sensors. The Software segment comprises of software systems and related services for navigation and data management involving towed marine streamer and seabed operations. The Ocean Bottom Services segment is comprised of OceanGeo, in which the company increased its ownership from 30% to 100% in 2014. The company was founded in 1968 and is headquartered in Houston, TX. [Source: MarketWatch]

Company Website: http://www.iongeo.com