Pason Systems Inc. (PSI.TO) TSX

Currency In CAD

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Pason Systems Inc.

Address

6130 Third Street SE

Calgary, AB T2H 1K4

Canada

Phone

403 301 3400

Sector

Energy

Industry

Oil & Gas Equipment & Services

Employees

678

First IPO Date

January 23, 1998

Key Executives

NameTitlePayYear Born
Jon FaberPresident, Chief Executive Officer & Non-Independent Director1.02M1979
Ben ThomasDirector of Support Services - United States Business Unit145,000N/A
Bryce McLeanVice President of Operations554,400N/A
Celine BostonChief Financial Officer606,375N/A
Timur KuruPresident & GM of United States1.04M1975
Lars OlesenVice President of Product & Technology0N/A
Heather HantosVice President of Human Resources0N/A
Natalie FenezVice President of Legal & Corporate Secretary0N/A
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Description

Pason Systems Inc., founded in Calgary, Canada, in 1978, is an energy technology and services provider specializing in data management systems for drilling rigs. Serving exploration and production operators, drilling contractors, and other oilfield service firms globally, Pason's comprehensive suite of tools enhances operational efficiency and safety. Their core offerings include the Electronic Drilling Recorder for on-site operation monitoring and data capture, complemented by DataHub for secure storage and on-demand retrieval. DataLink facilitates direct integration with IT systems and analytics platforms, while Pason Live enables real-time rig oversight from various devices, supported by insightful daily and end-of-well KPI performance reports. Pason also provides advanced drilling intelligence features that suggest optimal parameters, detect potential dysfunctions, and issue immediate alerts to both field personnel and remote engineers. Furthermore, the company is a leader in drilling automation across diverse rig platforms. For environmental and fluid management, Pason offers the Gas Analyzer for precise, real-time gas measurement, alongside a robust array of alarms and sensors to monitor atmospheric and drilling fluid gases. The Pit Volume Totalizer meticulously tracks drilling fluid volumes, gains, and losses on location. Rounding out its services, Pason delivers essential field support, continuous monitoring, drilling optimization guidance, and comprehensive office assistance for data integration.

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