Locus can increase the BTU content of heavy crude without degrading its quality–effectively making global heavy crude reserves more valuable across the value chain!
BTU Increase Seen After Our Treatment
With no substantial increase in acidity or losses in valuable, lower fraction hydrocarbons!
Third party validated at a refinery accredited laboratory (ASTM D 7169, TGA, ASTM D 664, ASTM D 6730, SARA)
Why Is This Important? Reliance On Heavy Crude Is Increasing
The primary characteristic of heavy oil is the higher proportion of less valuable asphaltenes and resins, as opposed to the more valuable paraffin and naphthenes. Heavier crude adds complexity and cost across the value chain.
Over 70% Of The World’s Oil Reserves Are Heavy
Heavier Crude Is Imported In Even Greater Quantities
Source: EIA, API, EnerCom Analytics, Refining US Petroleum – “A survey of US refinery use of growing US crude oil production”, Carnegie Endowment for International Peace, Creating a global oil climate index
Challenges Of Current Heavy Crude Processing
Current heavy crude processing technologies require a number of steps, are lengthy and extremely expensive with an average Capex and Opex outlay in the $5B+ range
Current Process Example: Extremely Capex And Opex Heavy Steps