Pason Systems Inc
About
Pason Systems, Inc. engages in the design and production of instrumentation and data management systems for drilling rigs. It operates through the following segments: North America, International, and Solar and Energy Storage. The North America segment includes services provided to drillings rigs in the Canada and the U.S. The International segment is composed of hardware and software products provided to customers in Latin America and the Middle East.
The Solar and Energy Storage segment focuses on servicing solar and energy storage developers. The company was founded by Ron Mason and Wayne Parks on February 3, 1978 and is headquartered in Calgary, Canada.
Growth
Pason is an established enterprise in the energy services and technology sector, with over 40 years of experience and operations in 12 countries. The company has a proven track record as a game-changer in the industry, offering high-value hardware, software, and services primarily for the oil and gas drilling sector. Pason's focus on innovative technology has propelled it to a leadership position in the energy industry.
Achievements
Pason has achieved significant milestones in its history, such as continuous revenue growth, expanding its market presence to 12 countries, and developing a diverse range of products and services beyond drilling applications through Energy Toolbase and Intelligent Wellhead Systems. The company's commitment to corporate responsibility and giving back to communities has also been a key focus, showcasing Pason's well-rounded approach to sustainable business practices.
Case Studies
Pason has been involved in several notable case studies and significant projects that have showcased the impact and relevance of its technology solutions. These case studies highlight the efficiency, cost-effectiveness, and safety enhancements brought about by Pason's products and services in the oil and gas drilling industry. Collaborations with industry partners and successful project implementations have further solidified Pason's reputation as an innovative and reliable technology provider.
Key Events
Key events in Pason's history include product launches of cutting-edge technologies like AutoDriller, DataHub with Pason Live™, and Electronic Choke Actuator, which have revolutionized drilling operations. Strategic partnerships and acquisitions have also played a vital role in Pason's growth and market expansion. The company's participation in industry events, recognition through prestigious awards, and successful funding rounds further signify Pason's position as a leading player in the energy services and technology sector.
Socials
Website
Founded
-
Operating Status
Active
Industry
Companies on the Energy Service
headquarters
Address
6130 Third Street SE Calgary Alberta T2H 1K4 Canada...
Country
Canada
Employees
-
Key People
Laura L. Schwinn (Independent Director)
Jon Faber (President, Chief Executive Officer & Director)
Bryce McLean (Vice President-Operations)
Products
DataLink
DataHub with Pason Live™
Electronic Choke Actuator (eChoke)
AutoDriller
Communications
DAS™
Electronic Drilling Recorder (EDR)
Gas Analyzer
Hazardous Gas Alarm System (HGAS)
Mud Analyzer
Pit Volume Totalizer (PVT)
Toolface Control
Revenue
369.31 M
Operating Income
Stock Price
$13.46
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Pason Systems Inc
-
Website
-
Founded
-
-
Industry
Companies on the Energy Service
-
Address
6130 Third Street SE Calgary Alberta T2H 1K4 Canada...
-
Country
Canada
-
Number of employees
-+
-
Revenue
369.31 M
About Pason Systems Inc
Pason Systems, Inc. engages in the design and production of instrumentation and data management systems for drilling rigs. It operates through the following segments: North America, International, and Solar and Energy Storage. The North America segment includes services provided to drillings rigs in the Canada and the U.S. The International segment is composed of hardware and software products provided to customers in Latin America and the Middle East.
The Solar and Energy Storage segment focuses on servicing solar and energy storage developers. The company was founded by Ron Mason and Wayne Parks on February 3, 1978 and is headquartered in Calgary, Canada.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
