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Founded Year



Series B | Alive

Total Raised


Last Raised

$5M | 3 yrs ago



About Geosplit

Geosplit develops technology for monitoring oil and gas well flows. The company uses markers to examine the well's production process and safety, which can then be analyzed using machine learning.

Geosplit Headquarters Location

Bolshoy boulevard, 42 Building 1

Moscow, 121205,

Russian Federation

+7 (495) 280-1-006

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Research containing Geosplit

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CB Insights Intelligence Analysts have mentioned Geosplit in 1 CB Insights research brief, most recently on Oct 4, 2019.

Expert Collections containing Geosplit

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Geosplit is included in 2 Expert Collections, including Digital Health.


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Geosplit Patents

Geosplit has filed 2 patents.

The 3 most popular patent topics include:

  • Dosage forms
  • Drug delivery devices
  • Fluid dynamics
patents chart

Application Date

Grant Date


Related Topics



Quantum dots, Petroleum production, Spectroscopy, Petroleum geology, Fluid dynamics


Application Date


Grant Date


Related Topics

Quantum dots, Petroleum production, Spectroscopy, Petroleum geology, Fluid dynamics



Latest Geosplit News

Rusnano Sistema SICAR to invest in GEOSPLIT, a developer of an innovative system for the monitoring of oil-producing well inflow profiles

Dec 26, 2017

Moscow, December 25, 2017 – Rusnano Sistema SICAR, a fund created jointly by PJSFC Sistema and RUSNANO, announces it is investing USD 1.5 million in GEOSPLIT, a Russian company that specializes in development of technologies for marker monitoring of horizontal well inflow profiles. The company’s unique technology uses special markers-reporters® from quantum dots. The fundamental difference of the new technology from conventional test wells consists of the possibility of monitoring well intervals over a long period without downhole operations, reducing expenditures and increasing production safety. GeoSplit plans to use the funds from this transaction to development of technology, the expansion of the product portfolio and the launch of the export program. In recent years, oil and gas production from horizontal wells, stimulated by means of multistage hydrofracturing (MHF), is increasing across the globe. With the total growth of horizontal well drilling volumes, increase of horizontal wellbore length and number of MHF stages, oil production increase often does not meet the design level, and one of the most important tasks during field development is obtaining complete information about inflows of producing well intervals. Markers-reporters ® of quantum dots (linear size 2-6 nm) are applied on the proppant material used to fix cracks created during hydraulic fracturing (HF). During each HF stage, some amount of proppant with a certain code of markers is injected in the formation. After well development, the markers are washed away by the fluid inflow from the formation within one year. In the course of sampling from the wellhead and subsequent laboratory analysis, special equipment determines the concentration of each kind of marker, allowing for estimation of performance and distribution of formation fluid phases across all well intervals. GEOSPLIT’s business model is that of a service provider, offering a full package of services in a sample analysis after MHF over the course of one year. The package includes: production and supply of marked proppant to the field, supervision during MHF, sampling, delivery and analysis of formation fluid samples and interpretation of results and recommendations to the customer to increase the efficiency of technical solutions for well completion and field development. The non-resource-intensive and relatively inexpensive GEOSPLIT method allows for the large-scale use of the technology and to obtain statistical data for MHF design optimization, determination of formation compartment depletion, the optimization of the number of MHF stages and number of ports, length of horizontal sections, etc. “At present only an insignificant part of the horizontal well stock in Russia is being studied. Experts note the potential growth on the market of well marker surveys up to 35% of the total market volume by 2026. GEOSPLIT may occupy a dominant position in the market due to its technological advantages over Russian competitors, and due to cost advantages versus foreign competitors,” said Sergey Vakhterov, managing director of RUSNANO MC. Sergey Dergach, CEO of Sistema Consult, a company acting as an investment adviser to Rusnano Sistema Sicar, said: “The volume of the tracer technology market has great potential: the average annual growth rate for this market is forecast to be in the range of 33% in 2017-2026. That said, the share of tracer methods on the MHF diagnostics market, according to experts, could reach 6% by 2026 from its current level of 1%. We have a high regard for the professionalism of the GeoSplit team, and they offer one of the most technologically and economically attractive solutions on the Russian market. The GeoSplit product is now being tested by many Russian oil companies; after testing it may well become the standard for tracer diagnostics of MHF in Russia.” “The GEOSPLIT technology is an efficient complement to the conventional methods for the study of horizontal wells after MHF, and in some cases may replace them completely. The large-scale use of marker monitoring takes well operation control to a whole new level, as well as reduces the expenses of extracting companies on downhole operations. Therefore, the economic benefit from the use of the technology is estimated at many millions of rubles for each well. So far, we have carried out surveys in 20 horizontal wells, and in 2018 we plan to increase work volumes in Russia at least twofold and to start an export program. Thanks to the investment transaction with Rusnano Sistema SICAR Foundation, we will be able to develop the technology faster in order to make it more valuable for Russian and foreign customers,” said GEOSPLIT Chief Executive Officer Alexander Katashov. The investment adviser to GEOSPLIT in the transaction was Skolkovo Ventures, supervising the whole venture investment block within the Skolkovo Foundation. Rusnano Sistema SICAR Rusnano Sistema SICAR is a private equity fund established by Sistema and RUSNANO in 2016. The total size of the fund is $100m. Sistema and RUSNANO hold 50% each in the fund. The partners will allocate cash funds as soon as it is necessary to finance specific transactions. The fund is open for outside investors. The average amount of one investment is $3-10m. The fund will focus on investing in initial-stage high-tech projects and in growing and established companies in Russia, the CIS, Europe and Israel. Rusnano Sistema SICAR's main industrial focus is information technology, robotics and onboard equipment, software and cloud technologies, communication equipment and end-to-end solutions, renewable energy and energy conservation technologies (including fuel cells), microelectronics, automated control systems, special communications systems, and software for comprehensive security systems. ***

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Geosplit Rank

  • When was Geosplit founded?

    Geosplit was founded in 2013.

  • Where is Geosplit's headquarters?

    Geosplit's headquarters is located at Bolshoy boulevard, 42, Moscow.

  • What is Geosplit's latest funding round?

    Geosplit's latest funding round is Series B.

  • How much did Geosplit raise?

    Geosplit raised a total of $6.5M.

  • Who are the investors of Geosplit?

    Investors of Geosplit include Rusnano, Sistema and UCP Investment Group.

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