Pason Systems Inc. is a Calgary-based provider of data management and automation solutions for the oil and gas drilling industry. The company’s electronic drilling services platform captures real-time rig data, including weight on bit, rate of penetration and mud flow, and delivers analytics to optimize drilling performance. Pason Systems is publicly traded on the OTC market under the symbol PSYTF.
The company’s core offerings include telemetry systems, downhole data acquisition tools and rig site software that enable drillers and operators to monitor well conditions and make informed decisions. Pason’s solutions support applications such as drilling optimization, hydraulic horsepower management and wellbore stability analysis. By integrating hardware, software and cloud-based analytics, the company helps clients reduce nonproductive time and control operating costs.
Pason Systems serves customers across major hydrocarbon regions, with offices and service centers throughout North America, Latin America, Europe, the Middle East, Africa and the Asia Pacific. The company maintains a global network of field technicians and support staff to ensure 24/7 monitoring, remote troubleshooting and on-site maintenance at land and offshore drilling sites.
Founded in 1975, Pason has evolved from a single product supplier into a multidisciplinary technology firm focused on digital transformation of drilling operations. Under the leadership of President and Chief Executive Officer Sean McClafferty, the company continues to invest in software development, advanced sensor technology and data-driven services aimed at improving safety, reducing environmental impact and enhancing drilling efficiency worldwide.
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