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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
Social
X
Email ID
*****@pason.com
Phone Number
+1 **********
Registered Address
Houston, Texas
Key Metrics
Founded Year
1978
Location
Calgary, Canada
Stage
Public
Ranked
Employee Count
187 as on Dec 31, 2021
Investment & Acquisitions
Similar Companies
Exit Details
Public

Pason's IPO details

Pason got listed on Feb 01, 2024.
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Pason's funding and investors

Pason is a funded company.

Pason's founders and board of directors

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Pason'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:
Employee count trend for Pason
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nabors
Nabors
1952, Houston (United States), Public
Provider of cloud and app-based onshore and offshore drilling solutions
-
61/100
2nd
Logo for Pason
Pason
1978, Calgary (Canada), Public
Provider of integrated drilling data solutions
-
-
55/100
3rd
Logo for Reelwell
Reelwell
2004, Stavanger (Norway), Series A
Developer of wired drill pipe technology for land and offshore use
$12.2M
52/100
4th
Logo for Sekal
Sekal
2011, Sandnes (Norway), Acquired
Software solutions for drilling in oil & gas industry
$3.72M
46/100
5th
Logo for Ulterra
Ulterra
2005, Fort Worth (United States), Acquired
Manufacturer of polycrystalline diamond compact drill bits
-
42/100
6th
Logo for Enhanced Drilling
Enhanced Drilling
1987, Straume (Norway), Acquired
Technology solutions for drilling industry
-
42/100
7th
Logo for MagVAR
MagVAR
2010, Denver (United States), Acquired
Provider of solutions for well directional drilling
-
-
38/100
8th
Logo for AI Driller
AI Driller
2017, Houston (United States), Funding Raised
AI-powered platform optimizing drilling and completions operations for enhanced efficiency
-
37/100
9th
Logo for Petrolink
Petrolink
1990, Houston (United States), Unfunded
Wellsite data solutions unlocking oilfield data value through analytics and technology
-
-
37/100
10th
Logo for Verdande Technology
Verdande Technology
2004, Trondheim (Norway), Series B
Provider of real-time drilling decision support for oil and gas industry
$14.4M
36/100
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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:lockFilter this list
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)
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News related to Pason

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Media has covered Pason for a total of 3 events in the last 1 year.
Pason Systems reports Q3 resultsSeeking AlphaNov 08, 2024Pason
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FAQs about Pason

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