Question-and-Answer Session
Operator
(Operator Instructions). In the interest of time, we ask that you limit your questions to one question and one follow-up. Our first question comes from the line of Mark Thomas with Simmons & Company.
Mark Thomas - Simmons & Company
Bob, a quick question, circling back around on the JV with BGP, I just wanted to get your thoughts on how the JV will affect sales with existing customers, more specifically customers that are a direct competitor of BGP. How do you see those relationships playing out as the JV matures?
Bob Peebler
One of the advantages of our announcement on the 23rd was, it was the Friday before the [FAG]. So we had all our customers, almost all of them actually represented it at the convention and I had personally the opportunity to speak to majority of them.
And then on balance, I think our team talked to everyone. I will say that it was pleasant that almost without an exception, people were actually happy for us with the venture. I think they like the idea of having a viable alternative to the largest equipment manufacturer out there. I think they knew that we were struggling financially. So, I think they were all pleased with that. I think they also understand the benefits of us having a test partner.
And also, it's not a whole lot has changed from the point of view of their alternative is still a very direct competitor with them in almost every aspect of their business. So, and we have learned that even though the issue of buying from someone that competes, that doesn't seem to have slowed them down in the past. So, I would guess, my view of this is still a net net positive with our current customers.
Mark Thomas - Simmons & Company
And then, if I heard you correctly, I think you said the Land Imaging segment would be lucky to do $120 million in revenue for '09. You've done almost $80 million through Q3. That would imply approximately $40 million for Q4, which would be a pretty significant jump over Q3. Did I hear you correctly?
Bob Peebler
Yeah. That was a broad statement. Certainly, I think our intent was not to try to back out and figure out what the Q4 was going to be. That's why we've taken that off the table forecast. So, we frankly really can't forecast. All I can tell you today, is our base land business compared to last year is just extremely weak. And in fact, it's weak enough that it's very hard to forecast, because we just don't have the volume of business to do that. And as you know, the majority of our land equipment business has in fact been both in North America and Russia, which turns out to be two of the softer markets.
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