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Pason Systems Inc. (PSI.TO)

16.14 Up 0.86(5.63%) Feb 12, 4:00PM EST
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Pason Systems Inc.
6130 Third Street SE
Calgary, AB T2H 1K4
Canada - Map
Phone: 403-301-3400
Fax: 403-301-3499

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Equipment & Services
Full Time Employees:899

Business Summary 

Pason Systems Inc. rents and sells instrumentation systems for land and offshore applications in the oil and gas industry worldwide. Its solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management. The company’s products include Pason Store, a Web-based storefront that offers add-on applications; and DataHub, a Web application that collects, stores, and displays drilling data, reports, and real-time information for remote access. It also offers Electronic Drilling Recorder, which provides a system of drilling data acquisition, data networking, and drilling management tools; Pit Volume Totalizer used to monitor mud tank levels and mud flow rate out of the wellbore; Electronic AutoDriller used to control the feed rate of the bit to various pre-set parameters; Gas Analyzer to measure the total hydrocarbon gases exiting the wellbore; Torque and Tension Sub, which provides real-time accurate torque; Electronic Choke Actuator, a device that provides a means of remotely controlling the choke valve from the doghouse; Hazardous Gas Alarm System, which detects the presence of combustible gases, and provides visible and audible alerts; Electronic Service Recorder that provides digital information to personnel on the wellsite and at the office; SideKick, a rig floor computer that allows for data entry and displays information around the rig; and Rig Display, a touch screen computer to access services and applications on and around the rig floor. In addition, the company provides software products, such as enhanced pit volume totalizer, directional system, wellview field solution, and reporter to improve performance, analyze data, or integrate data with other programs; software and hardware design engineering, information technology, geological services, and integrated technical support services. Pason Systems Inc. was founded in 1978 and is headquartered in Calgary, Canada.

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Key Executives 
Mr. Marcel Kessler , 49
Chief Exec. Officer, Pres and Director
Mr. Jon Faber CFA, CBV ,
Chief Financial Officer
Mr. David Holodinsky ,
VP of US Operations
Mr. Russell Smith ,
VP of International
Ms. Melinda Ando ,
Gen. Counsel and Corp. Sec.
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.