Pason - About the company
Pason is a public company based in Calgary (Canada), founded in 1978. It operates as a Provider of integrated drilling data solutions. The company has 42 active competitors, including 8 funded and 11 that have exited. Its top competitors include companies like Nabors, Reelwell and Sekal.
Company Details
Provider of integrated drilling data solutions. The solutions allow drilling operators to collect, manage, report, and analyze the drilling data in real-time in order to optimize the drilling operations. The products include an electronic automatic driller, Enhanced pit volume totalizer, rig display, gas analyzer, hazardous gas alarm systems, drilling guidance systems, WellView field solutions, rig communication systems, etc.
- Website
- pason.com
- Email ID
- *****@pason.com
- Phone Number
- +1 **********
- Registered Address
- Houston, Texas
Key Metrics
Founded Year
1978
Location
Calgary, Canada
Stage
Public
Ranked
2nd among 42 active competitors
Employee Count
187 as on Dec 31, 2021
Investment & Acquisitions
Exit Details
Public
Legal entities associated with Pason
Pason is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PASON SYSTEMS USA CORP CIN: 841438873 , United States, Active | Dec 31, 1999 | - | 187 (As on Dec 31, 2021) | - |
Pason's IPO details
Pason got listed on Feb 01, 2024.
Click here to take a look at Pason's IPO in detail
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Pason's funding and investors
Pason is a funded company.
Pason's founders and board of directors
Founder? Claim ProfilePason's employee count trend
Pason has 187 employees as of Dec 21. The total employee count is 6.0% more than what it was in Dec 20. Here is Pason's employee count trend over the years:
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Pason's Competitors and alternates
Top competitors of Pason include Nabors, Reelwell and Sekal. Here is the list of Top 10 competitors of Pason, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nabors 1952, Houston (United States), Public | Provider of cloud and app-based onshore and offshore drilling solutions | - | 61/100 | |
2nd | Provider of integrated drilling data solutions | - | - | 55/100 | |
3rd | Developer of wired drill pipe technology for land and offshore use | $12.2M | 52/100 | ||
4th | Software solutions for drilling in oil & gas industry | $3.72M | 46/100 | ||
5th | Ulterra 2005, Fort Worth (United States), Acquired | Manufacturer of polycrystalline diamond compact drill bits | - | 42/100 | |
6th | Enhanced Drilling 1987, Straume (Norway), Acquired | Technology solutions for drilling industry | - | 42/100 | |
7th | MagVAR 2010, Denver (United States), Acquired | Provider of solutions for well directional drilling | - | - | 38/100 |
8th | AI Driller 2017, Houston (United States), Funding Raised | AI-powered platform optimizing drilling and completions operations for enhanced efficiency | - | 37/100 | |
9th | Petrolink 1990, Houston (United States), Unfunded | Wellsite data solutions unlocking oilfield data value through analytics and technology | - | - | 37/100 |
10th | Verdande Technology 2004, Trondheim (Norway), Series B | Provider of real-time drilling decision support for oil and gas industry | $14.4M | 36/100 |
Looking for more details on Pason's competitors? Click here to see the top ones
Pason's Investments and acquisitions
Pason has made 1 investments in companies including Intelligent Wellhead Systems. Pason has also acquired 3 companies including Intelligent Wellhead Systems and Verdazo.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 01, 2024 | Acquisition | 2011 | Calgary (Canada) | |
Oct 02, 2019 | Investments | 2011 | Calgary (Canada) | |
Jan 04, 2017 | Acquisition | 2006 | Calgary (Canada) |
See all acquisitions by Pason
News related to Pason
Media has covered Pason for a total of 3 events in the last 1 year.
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Pason Systems Inc. Announces Renewal of Normal Course Issuer BidMiningstockeducation•Dec 18, 2024•Pason
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Pason Reports Third Quarter 2024 Results and Declares Quarterly DividendMiningstockeducation•Nov 08, 2024•Pason
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Pason Announces Appointment of James Bowzer to Board of Directors and Retirement of Board Member Jay CollinsMiningstockeducation•Aug 08, 2024•Pason
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