Set the next demonstrated parameters for the layer: Blending Options - Bevel and Emboss.

 

Blending Options - Bevel and Emboss - Contour



Insert also a total transparency (Fill 0% for the layer)



Make one more circle, applying the same operation described above.



This is the result we must get on this stage:



Now we have to introduce the necessary text (I used the X-Files font from dafont. ), using the Horizontal Type Tool (T).



Set the text’s demands as the next table indicates it.



The parameters for the lowest line:



After that, make a small circle, as for the X letter to be located in it.



Set then the next demonstrated parameters and Fill 0% for the layer.
Blending Options - Stroke: 

 



The X Files wallpaper came to end.

View full size here.