Pason Systems

Drilling by the Numbers Demands Better Numbers The weight of the drillstring connected to the topdrive (yellow machine) is a key measure used to calculate the weight on the bit, and the focus of arguments about how to accurately measure drilling. Oil wells can produce large volumes of oil, gas, water, and dubious data. For example, a recent study of data from 40 wells found that the measure of the weight on the bit (WOB) was off by 18% in the average well.

Pason Systems Inc. is a Canada-based global provider of instrumentation and data management systems for drilling rigs. The Company's geographical segments include Canada, the United States, and International. The International segment includes Latin America, Offshore, the Eastern Hemisphere, and the Middle East. The Company's solutions include data acquisition, wellsite reporting, remote communications, and Web-based information management, and enable collaboration between the rig and the office.