Pason Systems Inc. (TSX: PSI)
Canada flag Canada · Delayed Price · Currency is CAD
13.34
+0.24 (1.83%)
Dec 20, 2024, 4:00 PM EST

Pason Systems Company Description

Pason Systems Inc., together with its subsidiaries, provides instrumentation and data management systems for drilling rigs in Canada, the United States, and internationally.

The company provides Electronic Drilling Recorder, which provides real-time drilling data to rig site personnel; DataHub with Pason Live, which is used as the central repository for data and reports captured at the rigs for real-time; and DataLink that provides automated in-house databases, third-party analytics platforms, remote geosteering, and other remote services.

It offers AutoDriller to maximize the rate of penetration and bit life; internet solutions, such as auto-aiming satellite dishes, data modems, and bandwidth management software; DAS, a rotary drilling automation and optimization software; Electronic Choke Actuator that controls the choke valve; Gas Analyzer that provides real-time compositional gas analysis; Hazardous Gas Alarm System that detects the presence of hazardous gases; Pit Volume Totalizer, which monitors mud volumes and flow rates during drilling, tripping, and casing operations; and Toolface Control, a directional automation software.

In addition, the company provides phone, chat, field, and drilling optimization support, as well as proactive monitoring and office support for data integration.

It serves drilling contractors and other oilfield service companies. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

Pason Systems Inc.
Pason Systems logo
Country Canada
Founded 1978
Industry Oil & Gas Equipment & Services
Sector Energy
Employees 650
CEO Jon Faber

Contact Details

Address:
6130 Third Street SE
Calgary, Alberta T2H 1K4
Canada
Phone 403 301 3400
Website pason.com

Stock Details

Ticker Symbol PSI
Exchange Toronto Stock Exchange
Fiscal Year January - December
Reporting Currency CAD
ISIN Number CA7029251088
SIC Code 1389

Key Executives

Name Position
Jon Faber C.F.A., CPA, CBV President, Chief Executive Officer and Non-Independent Director
Celine Boston Chief Financial Officer
Bryce McLean Vice President of Operations
Lars Olesen Vice President of Product and Technology
Natalie Fenez Vice President of Legal and Corporate Secretary
Heather Hantos Vice President of Human Resources
Timur Kuru President and GM of United States
Ben Thomas Director of Support Services - United States Business Unit