Eagle Geophysical, Inc. Files For Chapter 11

On Sunday May 31^st, Eagle Geophysical, Inc. filed for Chapter 11 bankruptcy protection at the US Bankruptcy Court for the Southern District of Texas. The Houston, TX-based debtor listed assets between $1 and $10 million and liabilities between $10 and $50 million.

From the debtor’s website: “Eagle Geophysical was formed in 1993 as a highly focused upstream oilfield service company engaged in the business of providing geophysical services, with a specialization in the acquisition of high definition surface seismic data in logistically difficult onshore environment. Eagle’s crews have been deployed from California to Alabama to Wyoming utilizing the latest in technology and procedures.”