April 13, 2020
WesternGeco LLC and Ion Geophysical Corp. have settled an 11-year-old patent infringement suit over oil exploration technology that saw a $106 million jury verdict and a trip to the U.S. Supreme Court before teeing up a new damages trial for 2020.
September 04, 2019
Ion Geophysical Corp. may not be stuck with a $93.4 million bill for infringing largely invalidated claims from WesternGeco LLC's oil exploration patents, after a Texas federal judge ordered a redo on the 2012 verdict.
May 06, 2016
A Texas federal judge has ordered Ion Geophysical Corp. to pay out about $20.6 million to a Schlumberger unit for royalties in a patent infringement case, despite a ruling from the Patent Trial and Appeal Board invalidating underlying patent claims.
May 21, 2014
ION Geophysical Corp. on Tuesday filed notice in Texas federal court of its intent to appeal a nearly $124 million judgment it was slammed with for allegedly infringing seismic surveying patents held by a subsidiary of oil field services provider Schlumberger Ltd.
June 26, 2013
A Texas federal judge has agreed to tack on an additional award of damages to a jury's $106 million verdict against Ion Geophysical Corp. for infringing seismic surveying patents held by a subsidiary of oil field services provider Schlumberger Ltd.
February 21, 2013
A Texas federal judge on Thursday signaled that he was unlikely to disturb a jury's $106 million verdict against Ion Geophysical Corp. for infringing seismic surveying patents held by a subsidiary of oil field services provider Schlumberger Ltd.
August 17, 2012
A Texas federal jury on Thursday found Ion Geophysical Corp. had willfully infringed patents held by WesternGeco LLC, a subsidiary of oil field services provider Schlumberger Ltd., and awarded WesternGeco nearly $106 million in damages.