Pason Systems Inc. (TSX:PSI)
Canada flag Canada · Delayed Price · Currency is CAD
13.10
-0.25 (-1.87%)
Mar 28, 2025, 4:00 PM EST

Pason Systems Company Description

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

The company offers AutoDriller, which delivers smooth payout to maximized rate of penetration and bit life; Communications, a suite of IT solutions that ensures effective collaboration between rig and office; DAS, an automation software delivering faster drilling and reduced wear; DataHub with Pason Live, a cloud service hosting customer well information along with a suite of real-time viewing applications; and DataLink, which connects the drilling data to the real time centres and third party.

It also offers Electronic Choke Actuator, which remotely controls the choke valve from the doghouse, rig floor, or other locations on site; Electronic Drilling Recorder, a network of sensors, software, and displays providing real-time drilling data to rig site personnel; Gas Analyzer, which detects changes in relative volume of gases; Hazardous Gas Alarm System, a system that detects the presence of hazardous gases providing visible and audible alerts; Mud Analyzer, an automated rheology measurement in real-time; Pit Volume Totalizer, which measures tank volumes and flow rates from the mud system; and Toolface Control, a directional automation software.

In addition, the company provides phone, chat, field, and drilling optimization support services, as well as proactive monitoring and office support services 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
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