Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ONeill Thomas H Jr
  2. Issuer Name and Ticker or Trading Symbol
GEOKINETICS INC [GOKN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
50 FOUNTAIN PLAZA, SUITE 1220
3. Date of Earliest Transaction (Month/Day/Year)
11/30/2004
(Street)

BUFFALO, NY 14202
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $.01 par value per share               339,374 (1) I By partnership (1)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Senior Convertible Preferred Stock $ 0.3 (2) 11/30/2004   P   184 (2)   11/30/2004   (3) Common Stock 184,000 (2) $ 300 184 (2) D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ONeill Thomas H Jr
50 FOUNTAIN PLAZA, SUITE 1220
BUFFALO, NY 14202
    X    

Signatures

 /s/ THOMAS H. O'NEILL, JR.   01/14/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Refers to shares of Common Stock owned by Somerset Capital Partners ("SCP"), a general partnership in which the Reporting Person is one of three general partners and owner of one-third of the partnership interests; does not include shares for which SCP may be deemed to share beneficial ownership by virtue of SCP being a party to the Shareholders Agreement (as defined below). Since SCP is a party to the Shareholders Agreement and the Reporting Person is one of three partners of SCP, the Reporting Person joined in the group Schedule 13D filing of the Blackhawk Shareholders (as defined below). The Reporting Person disclaims beneficial ownership of the shares of Common Stock (i) beneficially owned by all of the parties to the Shareholders Agreement other than SCP and (ii) owned by SCP that are in excess of his pecuniary interest therein.
(2) Refers to shares of Series A Senior Convertible Preferred Stock acquired by the Reporting Person pursuant to the terms of a certain Securities Purchase Agreement dated as of November 30, 2004 among the issuer, the Reporting Person, the other two partners of SCP and the other persons signatory thereto (the "Securities Purchase Agreement"). The initial conversion price per share is $.30 (subject to adjustment); each share of Series A Preferred Stock is immediately convertible into 1,000 shares of common stock of the issuer (subject to adjustment upon the occurrence of certain events), at the option of the holder.
(3) Not applicable.
 
Remarks:
Although the percentage of shares owned of record by the Reporting Person and SCP in the aggregate is only approximately 2.7%, if the Reporting Person, SCP and the other Blackhawk Shareholders (as hereinafter defined) are deemed to constitute a "group" within the meaning of Rule 13d-5(b)(1) under the Exchange Act, whether (i) by virtue of that certain ShareholdersAgreement dated as of May 2, 2003 (the "Shareholders Agreement") among SCP and certain affiliated persons and/or entities, on the one hand (collectively, the "Blackhawk Shareholders"), Valentis SB, L.P., on the other  hand, and the issuer, or (ii) because they may have acted in concert in connection with the acquisition of securities pursuant to the Securities Purchase Agreement and/or a prior securities purchase agreement, then the Reporting Person might be deemed to be a10% Owner for Section 16 purposes. The Reporting Person disclaims beneficial ownership of the securities of the issuer (including shares of Common Stock) beneficially owned by the other parties to the Securities Purchase Agreement and/or the Shareholders Agreement, other than SCP.

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