Pason Systems

Pason Systems Inc. specializes in providing data management and instrumentation systems for drilling rigs, primarily serving the oil and gas industry. The company's core product, the Electronic Drilling Recorder (EDR), encompasses a comprehensive suite of tools for data acquisition, networking, and management, enabling effective reporting and communication between wellsites and customer offices. Pason offers additional solutions such as the Pit Volume Totalizer (PVT), which detects and provides early warnings for kicks caused by high-pressure hydrocarbons. Operating across three geographic segments—North America (Canada and the United States) and international markets including Latin America, the Eastern Hemisphere, and the Middle East—Pason Systems focuses on enhancing operational efficiency through advanced technology. Its data management system, Pason DataHub, plays a crucial role in collecting, storing, and displaying real-time drilling data and reports, facilitating better decision-making and collaboration in the field.

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 Analytics Inc. is a Calgary-based software company that specializes in data visualization and analytics solutions, primarily catering to the oil and gas industry. Founded in 2006, Verdazo's software helps clients make informed decisions regarding production, operational efficiency, and profitability by analyzing various types of data, including public, financial, and production metrics. The company serves a diverse clientele, including energy producers, financial services, and energy service providers. In addition to its software offerings, Verdazo also provides consulting, data integration, configuration, training, and support services. The leadership team is composed of experienced professionals recognized for their expertise in data analytics within the Canadian oil and gas sector. Verdazo Analytics operates as a subsidiary of Pason Systems Inc.

3PS

Acquisition in 2011
3PS, Inc. specializes in the design and manufacture of wireless and hardwired sensors for various industrial applications, including oil and gas, construction, marine, and aerospace sectors. The company offers a diverse range of products, such as instrumented blocks, load pins, tensiometers, and position sensors, as well as systems for boom, bridge, and gantry cranes. Additionally, 3PS provides wireless drilling and well service sensors, winch monitoring systems, and portable aircraft digital scales, catering to both onshore and offshore environments. The company also emphasizes technical support, offering services like field system commissioning, training, in-house repair, remanufacturing, and calibration to ensure optimal performance of its products in mission-critical applications.

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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.