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ML Van Solutions (ML One)

Company

Oil industry
Since 2017
Russia
Central Federal District of the Russian Federation
Moscow
115114, Derbenevsk embankment, house 11


Content

Owners

ML Van Solutions LLC (ML One) is a company specializing in the development and implementation of its own technologies in the field of multi-bore and multi-hole completion of wells (MZS).

The creation of several lateral boreholes using ML One solutions allows increasing the opening area of the formation, increasing the efficiency of developing hard-to-recover reserves, optimizing the operating time of the drilling machine and reducing capital costs for the construction of upper sections and the surface infrastructure of the well.

History

2021: $7.3 million investment from RosRegion Development

RosRegion Development Corporation has invested in the Russian oil service company ML Van Solutions. The Corporation's venture fund was the lead investor in the round of $7.3 million . USA.

During the period 2020-2021. the structure of the oil and gas market has changed greatly, throwing a lot of challenges to all its participants, but the ML One team was able not only to strengthen its position in the Russian market, but also to form a portfolio of international orders. As of November 2021, more than 80 multi-wellbore wells have been built and several high-tech projects are in operation.

In this round of investments, ML One raised $7.3 million. The United States to support its international expansion, as well as the development of a new direction of technology - integrated MZD systems, including intellectual completion, completion services with multi-stage hydraulic fracturing and other promising technologies that will meet the most complex and demanded tasks of subsoil users. The lead investor of the round was the Runtech Ventures Fund, which is part of RosRegion Development Corporation.

Шаблон:Quote 'author = said Roman Plotnikov, President of RosRegion Development Corporation.

2017: Obtaining the status of a resident of the Innovative Technopark Skolkovo

In 2017, ML One was registered and acquired the status of a resident of the Skolkovo Innovation Technopark.