EX-25.1 9 a2199579zex-25_1.htm EX-25.1
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Exhibit 25.1

        

FORM T-1

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939
OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2) o



THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)

    
(State of incorporation
if not a U.S. national bank)
  95-3571558
(I.R.S. employer
identification no.)

700 South Flower Street
Suite 500
Los Angeles, California
(Address of principal executive offices)

 

  
  
90017
(Zip code)

Evelyn T. Furukawa
700 South Flower Street, Suite 500
Los Angeles, California 90017
213.630.6463
(Name, address and telephone number of agent for service)



GLOBAL GEOPHYSICAL SERVICES, INC.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  05-0574281
(I.R.S. employer
identification no.)

13927 South Gessner Road
Missouri City, Texas

(Address of principal executive offices)

 

  
77489

(Zip Code)

AUTOSEIS, INC.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  26-0265524
(I.R.S. employer
identification no.)

13927 South Gessner Road
Missouri City, Texas
(Address of principal executive offices)

 

  
77489
(Zip Code)

GGS INTERNATIONAL HOLDINGS, INC.
(Exact name of obligor as specified in its charter)

Delaware
(State or other jurisdiction of
incorporation or organization)
  20-5702420
(I.R.S. employer
identification no.)
13927 South Gessner Road
Missouri City, Texas
(Address of principal executive offices)
   
77489
(Zip Code)

Senior Debt Securities
(Title of the Indenture Securities)

10.50% Senior Notes due 2017


1.     General information.

    (a)
    Name and address of each examining or supervising authority to which it is subject.

Name
  Address
Comptroller of the Currency
United States Department of the Treasury
  Washington, D.C. 20219

Federal Reserve Bank

 

San Francisco, California 94105

Federal Deposit Insurance Corporation

 

Washington, D.C. 20429
    (b)
    Whether it is authorized to exercise corporate trust powers.

    Yes.

2.     Affiliations with the Obligor.

        None of the obligors is an affiliate of the trustee.

3-15.  Not applicable.

16.   List of Exhibits.

    Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act") and 17 C.F.R. 229.10(d).

    1.
    A copy of the articles of association of The Bank of New York Mellon Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152875).

    2.
    A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).

    3.
    A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-152875).

    4.
    A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-152875).

    6.
    The consent of the trustee required by Section 321(b) of the Act.

    7.
    A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.


SIGNATURE

        Pursuant to the requirements of the Trust Indenture Act of 1939, the trustee, The Bank of New York Mellon Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Houston, and State of Texas, on the 3rd day of August, 2010.

    THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

 

 

By:

 

/s/ JULIE HOFFMAN-RAMOS

    Name:   Julie Hoffman-Ramos
    Title:   Senior Associate


EXHIBIT 6

CONSENT OF THE TRUSTEE

        Pursuant to the requirements of Section 321(b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of Global Geophysical Services, Inc., The Bank of New York Mellon Trust Company, N.A. hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.

    THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A.

 

 

By:

 

/s/ JULIE HOFFMAN-RAMOS

    Name:   Julie Hoffman-Ramos
    Title:   Senior Associate

Houston, Texas
August 3, 2010



EXHIBIT 7

REPORT OF CONDITION

Consolidating domestic subsidiaries of

    The Bank of New York Mellon Trust Company
    in the state of CA at close of business on December 31, 2009

published in response to call made by (Enter additional information below)

   


  


Statement of Resources and Liabilities

 
  Dollar Amounts
in Thousands

 

ASSETS

             

Cash and balances due from depository institutions:

             
 

Noninterest-bearing balances and currency and coin

          1,576  
 

Interest-bearing balances

          267  

Securities:

             
 

Held-to-maturity securities

          16  
 

Available-for-sale securities

          601,754  

Federal funds sold and securities purchased under agreements to resell:

             
 

Federal funds sold

          78,000  
 

Securities purchased under agreements to resell

          0  

Loans and lease financing receivables:

             
 

Loans and leases held for sale

          0  
 

Loans and leases, net of unearned income

    0        
 

LESS: Allowance for loan and lease losses

    0        
 

Loans and leases, net of unearned income and allowance

          0  

Trading Assets

          0  

Premises and fixed assets (including capitalized leases)

          11,186  

Other real estate owned

          0  

Investments in unconsolidated subsidiaries and associated companies

          2  

Direct and indirect investments in real estate ventures

          0  

Intangible assets:

             
 

Goodwill

          856,313  
 

Other intangible assets

          244,779  

Other assets

          154,682  

Total assets

          1,948,575  

 
  Dollar Amounts
in Thousands

 

LIABILITIES

             

Deposits:

             

In domestic offices

          532  
 

Noninterest-bearing

    532        
 

Interest-bearing

    0        

Federal funds purchased and securities sold under agreements to repurchase:

             
 

Federal funds purchased

          0  
 

Securities sold under agreements to repurchase

          0  

Trading liabilities

          0  

Other borrowed money (includes mortgage indebtedness and obligations under capitalized leases)

          268,691  

Subordinated notes and debentures

          0  

Other liabilities

          219,066  

Total liabilities

          488,289  

EQUITY CAPITAL

             

Bank Equity Capital

             

Perpetual preferred stock and related surplus

          0  

Common stock

          1,000  

Surplus (excludes all surplus related to preferred stock)

          1,121,520  

Retained earnings

          337,084  

Accumulated other comprehensive income

          682  

Other equity capital components

          0  

Total bank equity capital

          1,460,286  

Noncontrolling (minority) interest in consolidated subsidiaries

          0  

Total equity capital

          1,460,286  

Total liabilities and equity capital

          1,948.575  

 

We, the undersigned directors (trustees), attest to the correctness of the Reports of Condition and Income (including the supporting schedules) for this report date and declare that the Reports of Condition and Income have been examined by us and to the best of our knowledge and belief have been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and are true and correct.   /s/ Karen Bayz
  
I, Karen Bayz, Chief Financial Officer

                              (Name, Title)
  
of the above named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

 

Director #1   Troy Kilpatrick, President   /s/ Troy Kilpatrick

Director #2   Frank Sulzberger, Managing Director   /s/ Frank Sulzberger

Director #3   William Lindelof, Managing Director   /s/ William Lindelof




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SIGNATURE
CONSENT OF THE TRUSTEE