Geophysical Service
In 1930 with the backing of DeGolyer, now president of Amerada, Karcher and McDermott launched Geophysical Service, a pioneering provider of seismic exploration services to the petroleum industry with Karcher serving as president and McDermott as vice-president. McDermott's early work in petroleum exploration led to multiple papers and five patents. During the first year of operation McDermott hired Cecil H. Green. These two would have a lasting relationship for the next 43 years. In 1939 the company reorganized as Coronado Corp., an oil company with Geophysical Service Inc (GSI), now as a subsidiary. On December 6, 1941, McDermott along with three other GSI employees, J. Erik Jonsson, Cecil H. Green, and H.B. Peacock purchased GSI, During World War II, GSI built electronics for the United States Army Signal Corps and the Navy. After the war GSI continued to produce electronics. The rugged nature of equipment for the oil industry and of military equipment were similar and thus continued expansion into military contracts was a natural progression. In November 1945 Patrick E. Haggerty joined GSI.
Read more about this topic: Eugene Mc Dermott
Famous quotes containing the word service:
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—Anita Loos (1888–1981)