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Locus BE is the industry's leading provider of environmentally friendly and low-CAPEX biosurfactant treatments customized to outperform traditional products in sustainably boosting oil production and reducing the need for new drilling, while qualifying users for regional tax credits.
Published July 6, 2020
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Updated September 10, 2024
Oil & Gas
Sustainability
Production
Subsurface
Water, Waste, Spills
Product Overview
Overview
Locus Bio Energy designs specialized biosurfactants (bio-based surfactants) tailored to individual wells and economics to enhance performance with unmatched safety and sustainability:
Paraffin Contol:
AVERT: Designed as a single-phase application to disperse wax and paraffins in production and midstream operations and keep these contaminants in suspension, resulting in unrestricted fluid flow. AVERT is a maintenance treatment that also boosts production rates and recoverable reserves—meaning it pays for itself.
AssurEOR FLOW: Designed as a pre-treatment to AssurEOR STIM to disperse wax and paraffins in oil production wells and keep these contaminants in suspension, resulting in unrestricted fluid flow and increases in production.
Enhanced Oil Recovery AssurEOR STIM: Offers an attractive low-OPEX and high-performance option to optimize well stimulation, resulting in significant production improvements and lower costs per BOE.
Hydraulic Fracturing & Acid Stimulation SUSTAIN: Customized to replace or supplement current chemical surfactants and sustainably boost performance in fracturing and acidizing fluids at a fraction of the volume and cost. SUSTAIN maximizes oil recovery and prolongs well lifespan—saving money and providing high ROI.
Locus BE's biosurfactants are made from 100% renewable raw materials and are biodegradable with low toxicity and a near-zero carbon footprint. They replace synthetic surfactants in the upstream and midstream chemistry markets. They are the first green solutions to outperform in cost and performance at minimal effective dosage rates with little to no shut-in required.
Business Model
The Locus BE's patented production technology enables biosurfactants to be cost-effectively produced, scaled and deployed at the volumes needed for use in the oil and gas applications.
The novel solutions can be tailored to individual wells and are offered at a variety of pricing levels—from basic to premium—to meet each operator's economics. They consistently demonstrated 2-3x ROI with a less than 3-month payback.
The extensive financial benefits of the treatments, combined with their qualification for millions of dollars in annual tax credits, provides strong ROI for users that is unmatched by competitive solutions.
Technology Innovations
Biosurfactants are unmatched in performance, sustainability and financial benefits, but historically were unable to be cost-effectively scaled for use in oilfield applications...until now. Locus Bio-Energy Solutions can make them in the quantities and at the price points required for the industry. The world-class team developed IP-protected production methods that have successfully solved previous challenges and allow biosurfactants to be formulated into products that address the industry's toughest problems.
Biosurfactants have unique mechanisms of action that can’t be matched by synthetic surfactants and chemicals. They reduce surface and interfacial tension at lower dosage rates, have unique adsorption/absorption properties that extend their release, better stability, alter wettability to maximize oil mobility, disperse heavy organics, assemble in nanosize micelles to penetrate deeper into shale rock and act as non-emulsifyers for better oil water separation, resulting in no need for additional chemicals.
The technology and the resulting solutions have been globally recognized for their innovation:
- Named by Darcy two years in a row as a Top 10 Emerging Technology Company
- 2018 and 2021 World Oil Awards finalist
- 2019 New Technology Development of the Year winner in the Oil & Gas Awards
- 2020 Most Groundbreaking Company in Bio-Energy Solutions
- Named North America’s 2020 Upstream Service and Solutions Company winner by World Finance Oil & Gas
- 2020 and 2021 finalist for S&P Platts Global Energy Awards in two categories
Industry influencers have praised Locus BE for "making massive strides in the industry’s perception of green technology, showing environmentally sound solutions are effective and financially viable in the field". They are also the only biosurfactant solutions approved as a tertiary EOR technology that qualifies for a 50% severance tax credit through the Texas Railroad Commission.
Applications
Producers use the award-wining biosurfactants to replace synthetic surfactants and address top challenges in upstream and midstream applications, including declining production, high completion fluid costs, well failures and unrelenting tax burdens. Each customized solution provides benefits only achievable previously by combining multiple products, while minimizing operating costs and maximizing revenue and sustainability.
The biosurfactants cost-effectively replace current treatments used for paraffin control, enhanced oil recovery and as hydraulic fracturing fluid additives, with proven results in improving long-term oil production. Their unique properties enable them to mobilize residual, immobile oil for multiple months with just a single batch application, enhancing oil production rates and Estimated Ultimate Recovery (EUR).
In addition to the financial benefits from sustained production increases and lower operating costs, producers can use the treatments to qualify for a 50% severance tax credit on all oil produced for 10 years, saving millions of dollars annually.