This startup produces biodegradable and environmentally friendly alternatives to traditional production and completion stimulation chemicals, specifically designed for enhanced oil recovery and the dispersal of paraffin wax and asphaltenes. Their customized treatments reduce downtime and minimize human exposure to hazardous environments while maintaining operational efficiency in oil and gas extraction processes.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional chemicals used in oil and gas production and completion can be environmentally harmful and pose risks to worker safety. These chemicals are often ineffective at addressing challenges such as paraffin wax and asphaltene buildup, leading to reduced operational efficiency and increased downtime.
Solution
Locus Bio-Energy provides 100% bio-based biosurfactant solutions for upstream and midstream oil and gas applications, offering a sustainable and effective alternative to traditional chemicals. Their custom-designed biosurfactant treatments enhance oil recovery, control paraffin, and remediate wellbores while minimizing environmental impact and human exposure to hazardous substances. These biosurfactants are tailored to specific applications, including hydraulic fracturing, acid stimulation, pipeline maintenance, and saltwater disposal, ensuring optimal performance and ROI. The treatments are designed to increase production, extend well life, and lower carbon intensity, helping companies meet ESG goals.
Target Audience
The primary target audience includes oil and gas companies focused on upstream and midstream operations seeking environmentally friendly and effective solutions to enhance production, reduce costs, and meet ESG goals.
Features
- 100% bio-based and biodegradable surfactants derived from renewable raw materials
- Custom-designed treatments based on formation mineralogy and fluids
- Solutions for paraffin control, enhanced oil recovery, wellbore remediation, hydraulic fracturing, and acid stimulation
- Applications for pipelines & gathering, saltwater disposal, and cleaning in midstream operations
- Demonstrated ability to outperform synthetic chemistries at lower volumes
- Certified EOR technology to increase production and lower carbon intensity
- Non-bacterial, non-GMO, and nutrient-free formulations