Locus Bio-Energy Solutions (Locus BE) has patented technology that brings green biosurfactant treatments to the oilfield proven to outperform synthetic chemicals at a fraction of the dosage rates and cost. The environmentally friendly solutions have been nationally recognized for their ability to maximize ESG and profitability, solve top pain points and help operators do more with less. They are the only green treatments approved as a tertiary EOR technology, qualifying users for millions of dollars annually in state tax incentives. Their unmatched success in boosting oil production and minimizing new drilling are driving sustainability and financial security across the industry.
From declining employment and low oil prices to pressure from shareholders, limited cashflow and ESG concerns, 2020 has given the oil industry its share of financial challenges to overcome. Operators are doing what they can to survive, but with less CAPEX and resources available what can be done to minimize operating costs, increase revenue and remain competitive?
Drilling and completions activities are slowing down, meaning more oil needs to be extracted from existing wells as efficiently and inexpensively as possible. To do so, many operators are turning their focus towards new technologies. The shift has led to interest in an award-winning green solution that’s outperforming chemical surfactants and qualifying users for millions of dollars in tax credits.
Improving ROI with Green Technology
A special class of surfactants that are 100% sustainable and biodegradable with lower toxicity. Biosurfactant formulations are highly effective in paraffin dispersion, completions chemistries and for enhanced oil recovery applications—making them one of the most promising opportunities in oilfield chemistry. Historically, technology and production limitations restricted the commercial use of biosurfactants to just the pharmaceutical and high-end consumer markets. Now, recent technology advancements, such as those patented by Locus Bio-Solutions, have enabled manufacturing at costs and volumes needed for widespread oilfield use.
Biosurfactants are now successfully replacing standard synthetic petrochemical-based surfactants at a fraction of the cost by reducing dosage rates, improving oil production, minimizing the need for new drilling and qualifying for tax incentives—acting as a minimal CAPEX method to improve top and bottom lines.
The advantages of biosurfactants come from their many mechanisms of action, including reducing crude oil viscosity, dispersing organic blockages and changing interfacial tensions and oil/water contact angles. Biosurfactants are highly effective as excellent wetting agents and have low critical micelle concentrations (minimum effective dosage rates), which reduce surface and interfacial tensions to extremely low levels. They have been shown to reduce surface tension of water to below 35 mN/m, at doses 1/50th of chemical surfactants, and are fast-acting—offering sustained performance.
The multifunctionality of biosurfactants can help operators recover in four key areas:
Doing More With Less
2020 has turned the oil industry’s focus to minimizing the total cost of operations, along with challenges surrounding growing demands for oil production and greater recovery from existing wells. Biosurfactants offer the first green solution that exceeds traditional chemical surfactants in performance, cost and sustainability—allowing operators to increase production revenue and financial stability while also excelling in ESG compliance for a quicker and easier road to recovery.
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