Abstract: A seismic streamer cable, composed of a plurality of cable sections includes a common transmission line and an internally mounted inductive element in each section. The inductive elements are coupled in parallel to the common transmission line. A plurality of depth transducers, each associated with an inductive pickup, are secured externally to the streamer cable at desired intervals, adjacent to one of the internal inductive elements. A control signal is periodically transmitted through the transmission line and is received, by inductive coupling, at each transducer after a selected delay. In response to the delayed control signal, the transducers inductively launch a depth-proportional signal into the transmission line for reception by a depth readout device.