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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Leaei8kvyHKztLmhpJ5Ui0QcvKz0HkWNJ3dqWlucgCeLDM+Ev8Rk8qkwWoHm9sdm
 VQkobZEyNkyK4Lf080CD6g==

<SEC-DOCUMENT>0001005477-03-004692.txt : 20031210
<SEC-HEADER>0001005477-03-004692.hdr.sgml : 20031210
<ACCEPTANCE-DATETIME>20031210164705
ACCESSION NUMBER:		0001005477-03-004692
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031208
FILED AS OF DATE:		20031210

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GEOKINETICS INC
		CENTRAL INDEX KEY:			0000314606
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				941690082
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		8401 WESTHEIMER
		STREET 2:		SUITE 150
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77063
		BUSINESS PHONE:		7138507600

	MAIL ADDRESS:	
		STREET 1:		8401 WESTHEIMER
		STREET 2:		SUITE 150
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77063

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WEBSTER STEVEN A
		CENTRAL INDEX KEY:			0001008023

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-09268
		FILM NUMBER:		031047766

	BUSINESS ADDRESS:	
		STREET 1:		3 TEXAS STREET
		STREET 2:		SUITE 1375
		CITY:			SHREVEPORT
		STATE:			LA
		ZIP:			71101
		BUSINESS PHONE:		3184291375

	MAIL ADDRESS:	
		STREET 1:		1675 BROADWAY STE 2400
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar123.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-12-08</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000314606</issuerCik>
        <issuerName>GEOKINETICS INC</issuerName>
        <issuerTradingSymbol>GOKN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>

        <reportingOwnerId>
            <rptOwnerCik>0001008023</rptOwnerCik>
            <rptOwnerName>WEBSTER STEVEN A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>14701 ST. MARY'S LANE, SUITE 800</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77079</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
        <isDirector>1</isDirector>
        <isOfficer>0</isOfficer>
        <isTenPercentOwner>1</isTenPercentOwner>
        <isOther>0</isOther>
    </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>

        <securityTitle>
            <value>Common Stock, $.01 par value per share</value>
        </securityTitle>

        <transactionDate>
            <value>2003-12-08</value>
        </transactionDate>
    <transactionCoding>
        <transactionFormType>4</transactionFormType>
        <transactionCode>S</transactionCode>
        <equitySwapInvolved>0</equitySwapInvolved>
        <footnoteId id="F1"/>
    </transactionCoding>
        <transactionAmounts>

            <transactionShares>
                <value>86666</value>
            </transactionShares>

            <transactionPricePerShare>
                <value>0.30</value>
            </transactionPricePerShare>

            <transactionAcquiredDisposedCode>
                <value>D</value>
            </transactionAcquiredDisposedCode>
        </transactionAmounts>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>5317804</value>
                <footnoteId id="F2"/>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>By limited liability companies</value>
                <footnoteId id="F2"/>
            </natureOfOwnership>
        </ownershipNature>
        </nonDerivativeTransaction>

        <nonDerivativeHolding>

        <securityTitle>
            <value>Common Stock, $.01 par value per share</value>
        </securityTitle>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>339374</value>
                <footnoteId id="F3"/>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>I</value>
            </directOrIndirectOwnership>

            <natureOfOwnership>
                <value>By partnership</value>
            </natureOfOwnership>
        </ownershipNature>
        </nonDerivativeHolding>

        <nonDerivativeHolding>

        <securityTitle>
            <value>Common Stock, $.01 par value per share</value>
        </securityTitle>
        <postTransactionAmounts>

            <sharesOwnedFollowingTransaction>
                <value>75822</value>
            </sharesOwnedFollowingTransaction>
        </postTransactionAmounts>
        <ownershipNature>

            <directOrIndirectOwnership>
                <value>D</value>
            </directOrIndirectOwnership>
        </ownershipNature>
        </nonDerivativeHolding>

    </nonDerivativeTable>
    <footnotes>
        <footnote id="F1">Private sale by Blackhawk Investors, L.L.C., a Delaware limited liability
company (&quot;Blackhawk I&quot;) of 86,666 shares of Common Stock. The Reporting Person
is one of two partners of Blackhawk Capital Partners, a general partnership
(&quot;BCP&quot;), which is the sole managing member of Blackhawk I. After giving effect
to such sale, Blackhawk I does not own any shares of Common Stock.
</footnote>
        <footnote id="F2">Refers to shares of Common Stock owned by Blackhawk Investors II, L.L.C., a Delaware limited liability company ("Blackhawk II") of which BCP is the sole managing member.  The Reporting Person is (i) one of two partners of BPC, the sole managing member of Blackhawk II, and (ii)  an indirect investor member of Blackhawk II  (Kestrel Capital, L.P., a Texas limited partnership ("Kestrel"), owns 13.333% of the total membership interests in Blackhawk II; the Reporting Person is the President of Peregrine Management, LLC, the General Partner of Kestrel).  In addition, Somerset Capital Partners, a general partnership ("SCP"), in which the "Reporting Person has a one-third partnership interest, is an investor member of Blackhawk II (with ownership of 5.593% of the total membership interests).</footnote>
        <footnote id="F3">Refers to shares of Common Stock owned by SCP, a general partnership in which the Reporting Person is a general partner and owner of one-third of the partnership interests.

The Reporting Person is a party to a certain Shareholders Agreement dated as of May 2, 2003 (the &quot;Shareholders Agreement&quot;) by and among the Reporting Person, BPC, Blackhawk I, Blackhawk II, SCP and William R. Ziegler on the one hand, Valentis SB, L.P., a non-affiliated entity on the other hand, and the issuer. The Reporting Person disclaims beneficial ownership of the shares of Common Stock beneficially owned by the other parties to the Shareholders Agreement, other than to the extent of his pecuniary interest in the shares of Common Stock owned by or through (as the case may be) Blackhawk II and SCP.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Steven A. Webster</signatureName>
        <signatureDate>2003-12-10</signatureDate>
    </ownerSignature>

</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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