Pason Systems Inc. (PSI.TO) TSX
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Pason Systems Inc.
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
678
First IPO Date
January 23, 1998
Key Executives
| Name | Title | Pay | Year Born |
| Jon Faber | President, Chief Executive Officer & Non-Independent Director | 1.02M | 1979 |
| Ben Thomas | Director of Support Services - United States Business Unit | 145,000 | N/A |
| Bryce McLean | Vice President of Operations | 554,400 | N/A |
| Celine Boston | Chief Financial Officer | 606,375 | N/A |
| Timur Kuru | President & GM of United States | 1.04M | 1975 |
| Lars Olesen | Vice President of Product & Technology | 0 | N/A |
| Heather Hantos | Vice President of Human Resources | 0 | N/A |
| Natalie Fenez | Vice President of Legal & Corporate Secretary | 0 | N/A |
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.