Q2 Artificial Lift Services
- Company typePrivate
- Founded2016
- HeadquartersRed Deer, Canada
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Q2 Artificial Lift Services firmographics
Firmographics- Name
- Q2 Artificial Lift Services
- Legal name
- Q2 Artificial Lift Services
- Website
- https://q2als.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Q2 Artificial Lift Services industry classification
Industry- Product category
- Artificial Lift Equipment
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132), Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (8113)
- SIC
- Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)
- akta.pro primary industry
- Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)
- akta.pro secondary industry
- Aftermarket Parts, Service & Remanufacturing (Pumps/Compressors) (IMAHANAJ)
Keywords
Where Q2 Artificial Lift Services is headquartered
LocationHeadquarters
- HQ city
- Red Deer
- HQ country
- Canada
- HQ region
- North America
Markets served
Q2 Artificial Lift Services business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure
Q2 Artificial Lift Services product offering
Product offeringCore offering
Q2 Artificial Lift Services manufactures downhole rod pumps and related components used in artificial lift systems for oil and gas wells. The company also provides aftermarket repair services for these products, supporting continued field operations for upstream oil and gas customers.
Product overview
No specific product portfolio details are available in the source data. The only available information indicates that Q2 Artificial Lift Services acquired the North America Downhole business from Lufkin Industries, which transferred assets, customer relationships, and team members.
Differentiator
Problem solved
Functional benefit
Products and services
- Downhole Rod Pumps and Components
- Aftermarket Repair Services
Companies that use Q2 Artificial Lift Services
Customer profileIdeal customer profiles1 record
Q2 Artificial Lift Services technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Q2 Artificial Lift Services partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Lufkin IndustriescoreQ2 Artificial Lift Services acquired the North America Downhole business from Lufkin Industries. The transaction includes the transfer of assets, customer relationships, and team members. The deal aims to ensure continuity for customers and support growth for both companies, allowing Lufkin Industries to focus on its core surface production and automation business.
Recent moves3 records
Expansion highlights4 records
Q2 Artificial Lift Services competitors and assessment
Company assessmentDirect peers
- PCM Artificial Lift Solutions: Canadian-based specialist manufacturer of sucker rod pumps and provider of artificial lift services. Closely comparable to Q2 ALS in product line, customer base (Western Canadian producers), and integrated equipment + aftermarket model.
- Borets International: One of the world's largest manufacturers of electrical submersible pumps (ESPs) and a major supplier of rod lift equipment. Competes head-to-head with Q2 ALS in artificial lift equipment manufacturing and aftermarket service for upstream operators globally.
Regional players
- Canuck Artificial Lift: Regional Canadian artificial lift service provider focused on rod pump systems and downhole equipment for Western Canadian operators. Comparable to Q2 ALS in niche product specialization and basin focus, but more geographically constrained.
Others
- Dover Artificial Lift (Harbison-Fischer): Dover Corporation's artificial lift platform (including Harbison-Fischer) manufactures sucker rod pumps and downhole accessories, competing directly with Q2 ALS in the North American rod lift market across both new equipment and aftermarket parts.
Broad incumbents
- Weatherford International: Major oilfield services provider with a substantial artificial lift product line (including rod lift and ESP). Competes with Q2 ALS across both new equipment sales and aftermarket service contracts for upstream customers.
- Baker Hughes: Former parent of Lufkin Industries and the seller of the NA Downhole business that Q2 ALS acquired. Remains a major artificial lift competitor with global scale and bundled production services.
- Halliburton: Through its Production Solutions and artificial lift offerings, Halliburton supplies rod lift, ESP, and gas lift systems and services to operators worldwide. A scaled competitor with broader portfolio breadth than Q2 ALS.
- ChampionX: Production-focused oilfield services and equipment provider with artificial lift capabilities (notably through its ChampionX Artificial Lift segment). Overlaps with Q2 ALS in rod lift equipment and production chemistry-adjacent services.
- SLB (Schlumberger): Global oilfield services leader with a meaningful artificial lift business (rod lift, ESP, and gas lift). Competes with Q2 ALS in equipment manufacturing and aftermarket service for production operators.
- NOV (National Oilwell Varco): Diversified oilfield equipment manufacturer with artificial lift and surface production systems. Competes with Q2 ALS in rod pump equipment and aftermarket service across global upstream markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Q2 Artificial Lift Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Q2 Artificial Lift Services leadership team
Management profileNumber of profiles
Profiles1 record
Q2 Artificial Lift Services funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Q2 Artificial Lift Services M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Q2 Artificial Lift Services
What does Q2 Artificial Lift Services do?
Q2 Artificial Lift Services manufactures downhole rod pumps and related components used in artificial lift systems for oil and gas wells. The company also provides aftermarket repair services for these products, supporting continued field operations for upstream oil and gas customers.
Is Q2 Artificial Lift Services a public or private company?
Q2 Artificial Lift Services is a private company. It is classified as private equity controlled and is currently operating.
When was Q2 Artificial Lift Services founded?
Q2 Artificial Lift Services was founded in 2016. It employs 101 to 250 people.
Where is Q2 Artificial Lift Services based?
Q2 Artificial Lift Services is headquartered in Red Deer, Canada, in the North America region.
Who are Q2 Artificial Lift Services's main competitors?
Direct peers on record are PCM Artificial Lift Solutions and Borets International. Canuck Artificial Lift is listed as a regional player. Dover Artificial Lift (Harbison-Fischer) is listed as an others. Broad incumbents are Weatherford International, Baker Hughes, Halliburton, ChampionX, SLB (Schlumberger) and NOV (National Oilwell Varco).
Does Q2 Artificial Lift Services have an API?
No public API is recorded for Q2 Artificial Lift Services.
What industry is Q2 Artificial Lift Services in?
Q2 Artificial Lift Services's product category is Artificial Lift Equipment. Its primary akta.pro industry code is EUALABAH, Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals), with a secondary code of IMAHANAJ, Aftermarket Parts, Service & Remanufacturing (Pumps/Compressors). Its NAICS code is 333132 and its SIC code is 3533.