8-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

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                                    FORM 8-K

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                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

         Date of Report (Date of earliest event reported) June 12, 2002

                                  SEITEL, INC.
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             (Exact name of registrant as specified in its charter)

       Delaware                         0-14488                 76-0025431
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(State or Other Jurisdiction          (Commission             (IRS Employer
     of Incorporation)                File Number)          Identification No.)

50 Briar Hollow Lane, 7th Floor, West Building, Houston, TX           77027
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           (Address of Principal Executive Offices)                 (Zip Code)



Registrant's telephone number, including area code:  (713) 881-8900
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                                 Not Applicable
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          (Former name or former address, if changed since last report)



ITEM 5.  OTHER EVENTS

     Seitel, Inc. issued the press release attached hereto as Exhibit 99.1 on
June 12, 2002.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

     (C) EXHIBITS.

     Exhibit 99.1 Press release of Seitel, Inc., dated June 12, 2002.






                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                        SEITEL, INC.

Date: June 13, 2002                     By: /s/ KEVIN FIUR
                                            ------------------------------------
                                            Name:  Kevin Fiur
                                            Title: President and Chief Executive
                                                   Officer




                                  EXHIBIT INDEX
                                  -------------



     99.1      Press release of Seitel, Inc., dated June 12, 2002.

EX-99.1

                                                                    EXHIBIT 99.1
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SEITEL APPOINTS NEW CEO AND COO

HOUSTON--June 12, 2002--The Board of Directors of Seitel, Inc. announced today
that President and CEO, Paul Frame, has resigned as an officer and director of
the Company, effective immediately.

In addition, the Company announced that it has terminated the employment of
Debra Valice, its Chief Financial Officer, effective immediately. Mr. Kevin
Fiur, formerly Executive Vice President and Chief Operating Officer, will become
the new CEO and President. In addition, Kevin Callaghan, formerly Senior Vice
President of Seitel Data Limited, the company's seismic database subsidiary, has
been named Executive Vice President and Chief Operating Officer of the Company,
and Robert Simon, formerly Executive Vice President of Seitel Data Limited, has
been named President of Seitel Data Limited.

Mr. Fred Zeidman, Chairman of the Board of Seitel, stated: "Under the
circumstances experienced by the Company in recent months, we believe these
changes are in the best interests of our shareholders and employees. We continue
our negotiations with the holders of our Senior Notes concerning amendments to
our note agreements."

The Company also announced that Marcia Kendrick, Chief Accounting Officer for
nine years and a CPA, has been named acting Chief Financial Officer. The Board
has committed to an immediate executive search to employ a new Chief Financial
Officer.

Mr. Fiur, 35, graduated with honors from University of Texas School of Law in
1991. He joined Seitel in November 1999 as Senior Vice President and General
Counsel and in 2001 became the company's Chief Operating Officer. He also serves
as a Director of the Company. "We have confidence in Kevin Fiur's ability to
lead this company," said Mr. Zeidman. "He combines detailed knowledge of its
business with the leadership capabilities that is required. He will be ably
assisted by Kevin Callaghan and Robert Simon who each have approximately two
decades of experience in the industry."

Seitel markets its proprietary seismic information/technology to more than 400
petroleum companies, selling data from its library and creating new seismic
surveys under multi-client projects. It also selectively participates in oil and
natural gas exploration and development programs.

DISCLAIMER

Statements contained in this release about Seitel's future outlook, prospects
and plans, including those that express belief, expectation, estimates or
intentions, as well as those that are not statements of historical fact, are
forward looking. These statements represent Seitel's reasonable belief and are
based on Seitel's current expectations and assumptions with respect to future
events. While Seitel believes its expectations and assumptions are reasonable,
they involve risks and uncertainties beyond Seitel's control that could cause
the actual results or outcome to differ materially from the expected results or
outcome. Such factors include any significant change in the oil and gas business
or the economy generally, as well as the risk factors discussed in Seitel's
filings with the Securities and Exchange Commission, including its most recent
Annual Report on Form 10-K, a copy of which may be obtained from the Company
without charge. The forward-looking statements contained in this release speak
only as of the date hereof, and Seitel disclaims any duty to update these
statements.

    CONTACT: Media Contact:
             Gavin Anderson & Company
             Joel Weiden, 212/515-1970
             or
             Investor Contact:
             Gavin Anderson & Company
             Doug Morris, 212/515-1964