Zilift Limited

📍 Aberdeen, United Kingdom🗓 Founded 2009👥 25 employees💰 Last funded Jun 2013
Zilift Limited was established in May 2009 to develop and market innovative next-generation artificial lift technologies for the upstream oil and gas industry. Its core technology is in the permanent magnet motor space for which it has a large patent portfolio and considerable know-how backed by a Technical Board comprising leading figures from the electrical submersible pump (ESP) industry. This wealth of knowledge is being applied to downhole pumping products used to increase production from oil and gas wells. The use of permanent magnet motors enables considerably smaller products to be produced which can be employed in smaller diameter wells for which no pumping solution currently exists. This is particularly the case for deeper, deviated and horizontal wells. The company’s products can be deployed on jointed tubing or in through-tubing configurations including CT or wireline cable. This client select option allows Operators the freedom to choose the lowest life-cycle approach based on local conditions. This approach represents the corner stone of Zilift’s value proposition. Zilift's TorqueDrive product (an ES-PCP) has completed prototype testing and entered field trials with a major integrated oil company. The company's SpeedDrive ESP is undergoing prototype testing with field trials planned for later this year. In 2013, Zilift Inc. was formed in Bakersfield, California to provide installation and service support. Final preparation and integration of TorqueDrive systems are completed within this facility prior to installation in client wells.
4
Total investors
1
Early stage
2
Mid stage
0
Late stage
2009
Founded
Investor geography3 countries
Norway
1
France
1
United Kingdom
1
Investor activity2010–2013 · investors recorded per year
201012012120132
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Zilift Limited?
Zilift Limited has 4 investors on record on gritt.io, including 1 early-stage backers, 2 mid-stage.
When did Zilift Limited last raise funding?
The most recent investment in Zilift Limited recorded on gritt.io was in June 2013.
When was Zilift Limited founded?
Zilift Limited was founded in 2009.
What industry is Zilift Limited in?
Zilift Limited operates in Oil and Gas. Find similar Oil and Gas investors on gritt.io.
Where is Zilift Limited based?
Zilift Limited is headquartered in Aberdeen, United Kingdom.