What Multilift does

Multilift Solutions is a downhole artificial lift protection product line operating under Forum Energy Technologies, Inc. (NYSE: FET), a publicly traded Houston-based energy equipment company. Founded in 2013 and headquartered at 10344 Sam Houston Park Drive in Houston, Texas, Multilift employs 11-50 people and manufactures the patented SandGuard™ and Cyclone™ completion tools alongside a broader portfolio of proprietary downhole protection equipment. Its solutions target oil and gas operators running ESP, Rod Lift, PCP, and Gas Lift systems, with specialized offerings for SAGD thermal recovery, subsea/offshore completions, intelligent completions (real-time monitoring and control), production enhancement and emissions control, and service and installation tools.

The core technical offering is engineering for downhole failure modes — extending run life, preventing unplanned downtime, and reducing intervention costs in demanding, mature, and aging wells. The product portfolio is sold directly to enterprise oil and gas operators through Forum Energy Technologies' global field sales organization, using a consultative B2B motion with contact-based, custom-engineered pricing per well condition. Multilift does not operate as a standalone company with its own funding, brand-equity event, or independent go-to-market; it functions as a sub-brand within FET's Downhole segment, benefiting from the parent's established operator relationships, field service infrastructure, and global distribution reach while remaining a focused niche player in artificial lift reliability rather than a broad oilfield equipment vendor.

The business model is industrial hardware sales — capital equipment sold per well or per completion, with no disclosed recurring software or service revenue component beyond traditional installation support. The company has no named customer disclosures, no independent revenue reporting, and limited public signal of recent growth or strategic activity beyond a 2017 Pelican Energy Partners investment. Strategic significance to investors lies primarily in evaluating Multilift as an embedded niche franchise within FET's Downhole portfolio rather than as a standalone investment opportunity.

Name

Multilift

Legal name

Forum Energy Technologies, Inc.

Website

https://multiliftusa.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Multilift Solutions, a product line within Forum Energy Technologies (NYSE: FET), manufactures patented downhole artificial lift protection equipment for oil and gas operators. Based in Houston, Texas, it offers solutions across ESP, Rod Lift, PCP, Gas Lift, SAGD, and subsea environments.

Ownership category

akta.pro rank

Product category

Oil and Gas Artificial Lift Equipment

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313), Support Activities for Oil and Gas Operations (213112)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

akta.pro secondary industries

Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR) (EUALABAI), Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control) (EUALABAD), Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK)

Keywords

• Artificial lift equipment
• Downhole protection solutions
• ESP lift protection
• Oil and gas completions
• Rod lift equipment

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Artificial Lift Equipment Sales: Sale of downhole artificial lift protection equipment and systems to oil and gas operators for ESP, Rod Lift, PCP, Gas Lift, and other lift methods. Equipment is sold directly to operators for use in both onshore and offshore conventional and thermal recovery wells.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Multilift Solutions manufactures and sells downhole artificial lift protection equipment for oil and gas wells. The product portfolio includes protection solutions for Electrical Submersible Pump (ESP), Rod Lift, Progressive Cavity Pump (PCP), and Gas Lift systems, as well as intelligent completions, production enhancement and emissions control solutions, SAGD-specific tooling, subsea/offshore completions, and service and installation tools. Equipment is engineered to extend run life, reduce unplanned downtime, and improve production efficiency in both conventional and thermal recovery wells.

Product overview

Multilift Solutions is a suite of downhole artificial lift protection solutions offered by Forum Energy Technologies. The portfolio includes nine distinct product categories covering protection for ESP, Rod Lift, PCP, and Gas Lift systems, plus Intelligent Completions, Production Enhancement and Emissions Control, SAGD solutions, Service and Installation Tools, and Subsea/Offshore Completions. The solutions are engineered to improve downhole artificial lift reliability, reduce unplanned downtime, and support sustained production efficiency in both conventional and thermal recovery environments, whether onshore or offshore.

Differentiator

Problem solved

Functional benefit

Brands

• Multilift Solutions: Downhole artificial lift protection solutions including ESP Lift Protection, Rod Lift Protection, PCP Lift Protection, Gas Lift Protection, Intelligent Completions, Production Enhancement and Emissions Control, SAGD, Service + Installation Tools, and Subsea/Offshore Completions.

Products and services

• ESP Lift Protection

Quantifiable outcome

• Extended run life of artificial lift equipment
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Recent moves5 records

Expansion highlights4 records

Others

• Tenaris: Global manufacturer of seamless steel pipes and downhole products including tubing, casing, and completion accessories used in conjunction with artificial lift systems. Adjacent to Multilift because its downhole consumables are deployed alongside artificial lift protection tools in producing wells.

Direct peers

• Borets International: Specialist ESP manufacturer and the global market leader in electrical submersible pumps with extensive downhole protection technology. Most directly comparable to Multilift's ESP Lift Protection product line in terms of customer base, technology focus, and product depth.
• Weatherford International: Oilfield services and equipment provider with a dedicated artificial lift business covering rod lift, ESP, and gas lift systems. Competes with Multilift in offering downhole reliability and protection solutions for producing wells.
• ChampionX: Production chemistry and artificial lift technology company formed from the Dover Energy and Apergy combination. Provides ESP systems, rod lift, and production chemistry that directly overlaps with Multilift's lift protection portfolio and customer base.
• PCM (Progressive Cavity Pump companies): Manufacturer of progressive cavity pumps and downhole pumping systems for oil and gas, mining, and industrial markets. Comparable to Multilift's PCP Lift Protection line in addressing reliability and run-life issues in mature and challenging well applications.

Broad incumbents

• Schlumberger (SLB): Global oilfield services major offering a broad artificial lift portfolio including ESP, gas lift, and rod lift systems. Comparable because it sells directly to the same oil and gas operators as Multilift and competes across multiple lift methods, though with a much wider product and service offering.
• Baker Hughes: Integrated oilfield services provider whose artificial lift business (including legacy Lufkin rod lift and Centrilift ESP) competes head-to-head with Multilift. Targets the same operators for ESP, rod lift, and gas lift protection and reliability solutions.
• Halliburton: Leading oilfield services company with artificial lift and production solutions covering ESP, gas lift, and rod pump systems. Comparable target customer base (upstream operators) and overlapping downhole product portfolio, but operating at far greater scale with bundled completion services.
• National Oilwell Varco (NOV): Major oilfield equipment manufacturer with exposure to artificial lift and downhole tools within its broader portfolio. Less specialized than Multilift but operates in adjacent downhole equipment categories serving the same upstream operators.

Emerging players

• Packers Plus Energy Services: Specialist in downhole completion tools and systems for unconventional and conventional wells. Comparable to Multilift's Subsea/Offshore Completions and intelligent completions offerings in providing engineered downhole solutions to operators.

Market position

Strengths1 record

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/Forumenergytech/?ref=aymt_homepage_panel
• LinkedInlinkedin.com/company/1288325

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Multilift