Global Geophysical Services, a provider of seismic data services to oil and gas exploration companies, announced terms for its IPO on Tuesday. The Missouri City, TX-based company plans to raise $184 million by offering 11.5 million shares at a price range of $15-$17. At the mid-point of the proposed range, Global Geophysical Services will command a market value of $574 million. The seismic data company, which was founded in 2003 and booked $313 million in sales last year, plans to list on the NYSE under the symbol GGS. Credit Suisse and Barclays Capital are the lead underwriters on the deal, for which timing was not disclosed.
