Pason Systems

Pason Systems Inc. is a provider of data management systems for drilling rigs. The Company offers solutions, which include data acquisition, wellsite reporting, remote communications, and Web-based information management, enables collaboration between the rig and the office. It operates through three geographic segments: Canada, the United States, and International (Latin America, Offshore, the Eastern Hemisphere and the Middle East). Its Electronic Drilling Recorder (EDR) provides a complete system of drilling data acquisition, data networking, and drilling management tools and reports at both the wellsite and customer offices. Its solution Pit Volume Totalizer (PVT) is used for the detection and early warning of kicks that are caused by hydrocarbons entering the wellbore under high pressure and expanding as they migrate to the surface. Its data management system Pason DataHub collects, stores, and displays drilling data, reports and real-time information from drilling operations.

Jon Faber

President and CEO

6 past transactions

Intelligent Wellhead Systems

Acquisition in 2024
Intelligent Wellhead Systems Inc. is a privately-owned technology and service company based in Calgary, Canada, specializing in the oil and gas sector. Founded in 2011, it focuses on developing innovative pressure control systems and its proprietary inVision technology. The company's solutions are designed to enhance operational safety and efficiency in various applications, including live well fishing, complex snubbing, coiled tubing, and wire-line operations. By providing a digital interface for pressure control equipment, Intelligent Wellhead Systems enables the oil and gas industry to reduce costly incidents and improve tripping speeds, thereby optimizing overall operational performance.

Intelligent Wellhead Systems

Corporate Round in 2022
Intelligent Wellhead Systems Inc. is a privately-owned technology and service company based in Calgary, Canada, specializing in the oil and gas sector. Founded in 2011, it focuses on developing innovative pressure control systems and its proprietary inVision technology. The company's solutions are designed to enhance operational safety and efficiency in various applications, including live well fishing, complex snubbing, coiled tubing, and wire-line operations. By providing a digital interface for pressure control equipment, Intelligent Wellhead Systems enables the oil and gas industry to reduce costly incidents and improve tripping speeds, thereby optimizing overall operational performance.

Intelligent Wellhead Systems

Venture Round in 2019
Intelligent Wellhead Systems Inc. is a privately-owned technology and service company based in Calgary, Canada, specializing in the oil and gas sector. Founded in 2011, it focuses on developing innovative pressure control systems and its proprietary inVision technology. The company's solutions are designed to enhance operational safety and efficiency in various applications, including live well fishing, complex snubbing, coiled tubing, and wire-line operations. By providing a digital interface for pressure control equipment, Intelligent Wellhead Systems enables the oil and gas industry to reduce costly incidents and improve tripping speeds, thereby optimizing overall operational performance.

VERDAZO by Omnira Software

Acquisition in 2017
VERDAZO is a Business Intelligence (BI) Framework built specifically for the Oil and Gas industry with unparalleled data integrations, visual analysis capabilities and automation. Whether you’re looking to generate type-well curves in seconds, do robust statistical analysis or equip your asset teams to optimize production performance, financial performance and performance to plan, VERDAZO has you covered.

3PS

Acquisition in 2011
3PS, Inc. designs and manufactures wireless and hardwired sensors for air, ground, and permanently underwater installations. It offers instrumented blocks/sheaves/shackles, load pins, and tensiometers, as well as position/angle/length, tension, and compression sensors. The company also provides boom, bridge, and gantry crane sensors and systems; wireless drilling and well service sensors; and winch monitor, control, and portable aircraft digital scale systems. 3PS offers its systems for system control and monitoring applications, and customers’ central systems, as well as for heavy equipment in onshore and offshore environments, factories, and plants. In addition, the company provides technical services, such as field system commissioning, training support, in-house repair, remanufacturing, and calibration.

Petron Industries

Acquisition in 2009
Petron Industries engages in the manufacture of drilling instrumentation and control systems for the international oil and gas industry. Petron Industries Inc. was founded in 1983 and is headquartered in Houston, Texas.
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