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Ashmin
AddedFeb 15, 2024
UpdatedJun 18, 2026
Ashmin

Ashmin

Private Equity

Reliable energy corridor firm, developing drilling motors and well completion tools.

HQ
Conroe, TX, US
Founded
2002
Overview
Compare
Fundraising
Employees
Website

Ashmin was founded with a core mission to enhance the reliability and performance of drilling operations in the upstream oil and gas industry. The company specializes in developing advanced drilling motors and well completion tools, including their proprietary STORM Tool™, AXE Tool™, and JOLT Tool™. Ashmin's vision is to become a leading provider of innovative and dependable energy corridor solutions, focusing on delivering best-in-class products that meet the stringent demands of oil companies.

Notable affiliates and investors in Ashmin include key figures from the energy sector who bring a wealth of industry experience. The company has achieved significant milestones, such as the successful deployment of their patented mud-lubricated drilling motors in various high-stakes projects. Ashmin's impact on the market is marked by their commitment to reliability and performance, making them a trusted partner for major oil companies seeking efficient and effective drilling solutions.

Ashmin - Similar Companies

Oliden Technology logo

Oliden Technology

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Diamond Offshore Drilling logo

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Nabors Industries logo

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Forrest Drilling Company logo

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Bluefire Equipment logo

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Comitt Well Solutions logo

Comitt Well Solutions

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Eco-Stim Energy Solutions logo

Eco-Stim Energy Solutions

Ars-Atd logo

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Coil Tubing Technology logo

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Durexa Drilling Tools logo

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Superior Drilling Products logo

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Prime Downhole Manufacturing logo

Prime Downhole Manufacturing

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Fieldmade logo

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Ashmin - Quick Facts

Who are Ashmin's competitors?

Companies similar to Ashmin include Oliden Technology, Diamond Offshore Drilling, Nabors Industries and Forrest Drilling Company.

When was Ashmin founded?

Ashmin was founded in 2002.

Where is Ashmin's headquarters located?

Ashmin's headquarters is located in Conroe, TX, US.

When was Ashmin's last funding round?

Ashmin's most recent funding round was for $15M (USD) in October 2017.

How much has Ashmin raised to-date?

As of Oct 5, 2017, Ashmin has raised a total of $15M (USD).

How many employees does Ashmin have?

Ashmin has 30 employees as of Feb 4, 2024.

Ashmin - Classification

Industry
  • Hardware
Ownership
  • Private
Geographic Exposure
  • United States
Revenue
  • Transactional
Customer
  • Enterprise
Main Product
  • Drilling Motors
  • Well Completion
Tags
  • Energy
  • Oil
NAICS
  • 210000Mining, Quarrying, and Oil and Gas Extraction
  • 211000Oil and Gas Extraction
  • 211100Oil and Gas Extraction
  • 211120Crude Petroleum Extraction
SIC
  • 1300Oil And Gas Extraction
  • 1310Crude Petroleum And Natural Gas
  • 1311Crude Petroleum And Natural Gas
Show 4 more industry codes
NAICS
  • 220000Utilities
  • 221000Utilities
SIC
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services