Since the joint venture, most of ION's land equipment and technology is applied through INOVA. INOVA specializes in designing, engineering, and delivering energy source and source control systems, land seismic recording systems, and digital full-wave sensors. In March 2010, ION launched a joint venture agreement with BGP (which is a wholly owned subsidiary of China National Petroleum Corporation - CNPC) and launched INOVA Geophysical Equipment Limited, an independent company owned 51% by BGP and 49% by ION Geophysical. ION's Concept Systems offerings include command & control systems that integrate and quality control data acquisition in towed streamer, OBC, electromagnetic (EM), and land surveys and services for designing and planning complex surveys, including wide-azimuth and 4d acquisition programs. ION BasinSPAN programs exist for the Gulf of Mexico, the margins of West and East Africa and for offshore basins in Colombia and the eastern Caribbean, India, Eastern and Northern Canada, and Alaska. Known as BasinSPANS, these basin-wide, ultra-deep data libraries are custom designed to provide a holistic understanding of petroleum systems including source rock deposition, hydrocarbon migration paths, sediment fairways, and reservoir trapping mechanisms. Through its GeoVentures business unit, ION owns one of the largest seismic data libraries in the industry.
#HEXIO GEOPHYSICAL SOFTWARE#
ION's GX Technology (GXT), provides seismic data processing services, such as depth migration, reverse time migration, and full-wave imaging multi-client seismic data libraries, including basin-scale SPAN seismic programs software and services for seismic survey design, geophysical analysis, and reservoir modeling and start-to-finish seismic imaging programs that encompass survey planning, field acquisition, and final image rendering. The products include positioning and streamer control systems, source and source control systems, and both streamer and seabed acquisition systems. The offerings include both the towed streamer and ocean-bottom seismic markets. Since 1967, ION's Sensor group has been providing geophones for hydrocarbon exploration. 2010 - INOVA Geophysical Equipment Limited, ION launched a joint venture with BGP.2008 - ARAM Systems Ltd., a Canadian-based provider of cable-based land seismic recording systems, based in Calgary, AB.2004 - GX Technology Corporation, seismic imaging processing and multi-client seismic data libraries, including a portfolio of BasinSPAN data libraries.2004 - Concept Systems, Ltd., command & control systems and data integration software for land and marine seismic surveys.2002 - AXIS Geophysics, seismic data processing company specializing in anisotropic processing (AZIM), AVO (amplitude variation with offset) analysis, and azimuthal velocity modeling.Pelton makes seismic vibrator control systems, vibrator positioning systems using GPS (global positioning systems), and explosive energy control systems. 1998 - DigiCOURSE, Inc., manufacturer of marine positioning products, from Laitram, LLC.(GMG), developer of MESA software for seismic survey design and planning. 1997 - Green Mountain Geophysics, Inc.1995 - Western Geophysical's Exploration Products Group, marine seismic recording systems, vibrator source products, and geophone products.1994 - Cable and connector groups of Tescorp, Inc., provided cables to operate I/O systems.The company filed for bankruptcy in the spring of 2022. In September 2007 Input / Output (I/O) officially changed its name to "ION" as part of a re-branding. Throughout the 1990s and 2000s ION experienced growth through a number of key acquisitions. ION became publicly traded on NASDAQ in 1991, and was listed on the New York Stock Exchange in November 1994 using the trading symbol "IO". Headquartered in Houston & Texas, ION has offices in the United States, Canada, Latin America, Europe, Africa, Russia, China and the Middle East.įounded in 1968 as Input/Output (I/O), ION began as a provider of highly specialized, seismic source synchronization equipment.
The company's technologies and services are used by E&P operators and seismic acquisition contractors to generate high-resolution images of the subsurface of Earth during exploration, exploitation and production operations.
ION Geophysical provides acquisition of equipment, software, planning and seismic processing services, and provides seismic data libraries to the global oil & gas industry.
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