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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,
 TRA5y1z5X1XOtOumAfz0y92d/K8nEOyCbr7iRZn/vxwKKZsb3ategAdG7XsMgWny
 NxU4cdeuRxVbzqmDE0IdNw==

<SEC-DOCUMENT>0001181431-04-034357.txt : 20040706
<SEC-HEADER>0001181431-04-034357.hdr.sgml : 20040705
<ACCEPTANCE-DATETIME>20040706205950
ACCESSION NUMBER:		0001181431-04-034357
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040701
FILED AS OF DATE:		20040706

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SIMON ROBERT J II
		CENTRAL INDEX KEY:			0001060991
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL AND GAS FIELD EXPLORATION SERVICES [1382]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10165
		FILM NUMBER:		04903464

	BUSINESS ADDRESS:	
		STREET 1:		50 BRIAR HOLLOW LN
		STREET 2:		WEST BLDG 7TH FLR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77027
		BUSINESS PHONE:		7136271990

	MAIL ADDRESS:	
		STREET 1:		50 BRIAR HOLLOW LANE WEST
		STREET 2:		7TH FLOOR
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77027

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SEITEL INC
		CENTRAL INDEX KEY:			0000750813
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL AND GAS FIELD EXPLORATION SERVICES [1382]
		IRS NUMBER:				760025431
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10811 S. WESTVIEW CIRCLE
		STREET 2:		BUILDING C, SUITE 100
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77043
		BUSINESS PHONE:		7138818900

	MAIL ADDRESS:	
		STREET 1:		10811 S. WESTVIEW CIRCLE
		STREET 2:		BUILDING C, SUITE 100
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77043

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SEISMIC ENTERPRISES INC
		DATE OF NAME CHANGE:	19870814
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd47253.xml
<DESCRIPTION>FORM 4 DATED 07/01/2004
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-07-01</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000750813</issuerCik>
        <issuerName>SEITEL INC</issuerName>
        <issuerTradingSymbol>SELA</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001060991</rptOwnerCik>
            <rptOwnerName>SIMON ROBERT J II</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>10811 S. WESTVIEW CIRCLE, BUILDING C</rptOwnerStreet1>
            <rptOwnerStreet2>STE.100</rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77043</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>President, Seitel Data, Ltd.</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Common Stock Purchase Warrants</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>.60</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2004-07-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>62500</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>2.75</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2004-07-02</value>
            </exerciseDate>
            <expirationDate>
                <value>2004-08-02</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $.01 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>307875</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>37407</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting Person disposed of 62,500 of the Issuer's common stock purchase warrants, each representing the right to purchase 4.926 shares of the Issuer's reorganized common stock, at an exercise price of $.60 per share (the &quot;Warrants&quot;), received pursuant to the Issuer's Third Amended Joint Plan of Reorganization, which became effective as of 07/02/04.  As of the date hereof, the Reporting Person beneficially owns 99,907 shares of the Issuer's reorganized common stock and 37,407  Warrants.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>//s/ Robert J. Simon, II by Marcia H. Kendrick</signatureName>
        <signatureDate>2004-07-06</signatureDate>
    </ownerSignature>
</ownershipDocument>

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