Dawson Geophysical is a leading North American onshore seismic data acquisition services provider that deploys vibration equipment, dynamite detonation, and sophisticated recording systems to capture subsurface images for oil and gas exploration and development. The company serves major and independent oil and gas operators, multi-client data library providers, and other clients by acquiring and processing 2-D, 3-D, and multi-component seismic data, as well as microseismic monitoring services for hydraulic fracturing operations and seismic services for carbon capture projects. Revenue is generated on a service-delivery basis, with clients owning the resulting survey data, and demand is driven by drilling activity levels, exploration budgets, and commodity price expectations.