Restructured IAGC faces commercial issues

05/13/2002
Members have restructured the Houston-based International Association of Geophysical Contractors and shifted its focus in an attempt to improve the profitability of what they describe as a financially threatened industry. IAGC Pres. Gordon C. "Chip" GillClick here to enlarge image"As an industry collectively, we have lost money each of the last 6 years," said Gordon C. "Chip" Gill, who was hired as full-time president of IAGC last September. Because of that financial downturn, the number of seismic contractors has declined. "In 2000, there were five major international full-service seismic contractors. Assuming the Veritas-PGS merger goes through, there are about to be three," said Gill....
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