Pason Systems Inc - Company Profile
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Business Description
Pason Systems Inc (Pason) is a provider of data management systems and instruments for oil and gas drilling. The company’s solutions include data acquisition, wellsite reporting, automation, remote communications, web-based information management, and data analytics enable collaboration between the drilling rig and the office.
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R&D Overview
Pason's research and development initiatives focus on maintaining its competitive position in the global drilling industry, expanding its market presence in the completions and solar and energy storage markets, and exploring future revenue growth opportunities in these segments. The company is also investing in new technology offerings and adjusting compensation to address inflation. The R&D unit of Pason is responsible for research and development activities, ongoing support for IT and technology platforms, and investments in new technology offerings. In FY2025, the company incurred expenditure of, CAD54.4 million on R&D, which as a percentage of the company’s revenue, stood at 13%.
Business Segments
- Completions
- International Drilling
- North American Drilling
- Solar And Energy Storage
- Solar and Energy Storage
Overview
Includes operations of Intelligent Wellhead Systems (“IWS”)
Performance
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Overview
Offers technology services to the oil and gas industry in Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East.
Performance
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Overview
Offers technology services to the oil and gas industry in Canada and the US.
Performance
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Overview
Provides technology services to solar and energy storage developers.
Performance
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