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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 CJ1VTkk9FEENkPBU26xJgw==

<SEC-DOCUMENT>0001209191-04-003607.txt : 20040120
<SEC-HEADER>0001209191-04-003607.hdr.sgml : 20040119
<ACCEPTANCE-DATETIME>20040120132451
ACCESSION NUMBER:		0001209191-04-003607
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040108
FILED AS OF DATE:		20040120

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MITCHAM INDUSTRIES INC
		CENTRAL INDEX KEY:			0000926423
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-EQUIPMENT RENTAL & LEASING, NEC [7359]
		IRS NUMBER:				760210849
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			0131

	BUSINESS ADDRESS:	
		STREET 1:		8141 SH 75 SOUTH
		STREET 2:		PO BOX 1175
		CITY:			HUNTSVILLE
		STATE:			TX
		ZIP:			77342
		BUSINESS PHONE:		9362912277

	MAIL ADDRESS:	
		STREET 1:		P O BOX 1175
		CITY:			HUNTSVILLE
		STATE:			TX
		ZIP:			77342

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CHANEY R & PARTNERS IV LP
		CENTRAL INDEX KEY:			0001056932
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25142
		FILM NUMBER:		04531940

	BUSINESS ADDRESS:	
		STREET 1:		909 FANNIN
		STREET 2:		SUITE 1275
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77010
		BUSINESS PHONE:		7137531315

	MAIL ADDRESS:	
		STREET 1:		909 FANNIN
		STREET 2:		SUITE 1275
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77010
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>boh11762_2rcp.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2004-01-08</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000926423</issuerCik><issuerName>MITCHAM INDUSTRIES INC</issuerName>        <issuerTradingSymbol>MIND</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001056932</rptOwnerCik><rptOwnerName>CHANEY R &amp; PARTNERS IV LP</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1>6363 WOODWAY</rptOwnerStreet1><rptOwnerStreet2>SUITE 960</rptOwnerStreet2><rptOwnerCity>HOUSTON</rptOwnerCity><rptOwnerState>TX</rptOwnerState><rptOwnerZipCode>77057</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTran
saction><securityTitle><value>Mitcham Industries, Inc. Common Stock</value></securityTitle><transactionDate><value>2004-01-08</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>3160</value></transactionShares><transactionPricePerShare><value>3.60</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1006140</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Mitcham Industries, Inc. Common Stock</value></securityTitle><transactionDate><value>2004-01-12</value></transactionDate><transactionCodin
g><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>24490</value></transactionShares><transactionPricePerShare><value>3.6032</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>981650</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Mitcham Industries, Inc. Common Stock</value></securityTitle><transactionDate><value>2004-01-13</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><t
ransactionShares><value>7110</value></transactionShares><transactionPricePerShare><value>3.61</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>974540</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Mitcham Industries, Inc. Common Stock</value></securityTitle><transactionDate><value>2004-01-16</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>17775</value></transactionShares><transactionPricePerShare><value>3.60</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>
D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>956765</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><ownerSignature><signatureName>/s/ Robert H. Chaney, President and CEO</signatureName><signatureDate>2004-01-20</signatureDate></ownerSignature></ownershipDocument>

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