ML One

Innovative approach for multilateral well completion

General Information
Industries
Energy, Oil and Gas +1
Funding Stage
Seed
Product Stage
-
Business Model
-
Company Overview
Founded
2017
Employees
6
Location
Moscow, Russia
Website
ML One - Company Details
ML One is a high-tech service company established in 2017 with headquarters in Russia. The company focuses on developing innovative multilateral well completion technologies. Its solutions enable the installation of TAML 1-5 junctions for multilateral wells, offering increased functionality for sidetracking. The $7.30M Seed Round investment received on 08 November 2021 from Rutech Ventures signifies confidence in ML One's vision. The company's comprehensive approach aims at enhancing the profitability of multilateral well construction projects. ML One's offerings encompass multilateral completion systems, retrievable casing exit systems, and whipstock assemblies, creating an advantageous position in the Energy, Oil and Gas industries. Their technology not only yields technical benefits such as reservoir exposure increase and efficient exploitation of complex reserves but also promises economic advantages like reduced CAPEX and OPEX, thus reducing investment risks. Moreover, environmental benefits are also a focus, with the reduction of CO2 emissions and repetitive rig operations. ML One's innovative solutions and recent investment showcase its potential for transforming the industry and attracting further interest from potential investors and partners.