Flotek and Solazyme team on drilling fluid technologies

Flotek Industries, Inc. and Solazyme have entered into agreements to globally commercialize Flocapso™, an advanced drilling fluid additive. Flotek will also market Solazyme’s Encapso™ lubricant – the first commercially available, biodegradable encapsulated lubricant for drilling fluids – in certain Middle Eastern markets.

Under the Joint Product Development and Marketing Agreement, Flotek and Solazyme will commercialize and market Flocapso, a proprietary formulation combining Flotek’s patented Complex nano-Fluid® chemistries with Solazyme’s proprietary Encapso technology to create an environmentally-conscious, highly effective drilling fluid additive focused on better lubricity and greater stabilization for drilling programs worldwide.

Laboratory and commercial testing indicate that the Flocapso additive will allow the use of water-based fluids in wells that previously required more expensive and invasive oil-based products, providing an environmentally superior, more efficient solution to drilling challenges around the globe.

“We are excited to add Flotek as a strategic partner as we continue to focus on broadening the market and customer base for Encapso,” said Solazyme Chief Executive Officer Jonathan Wolfson. “As a leading, global technology company with a focus on oilfield chemistry, Flotek brings new opportunities to expand sales of Encapso in the Middle East, as well as to commercialize and jointly market Flocapso.”

The companies are currently in an active validation project with a large national oil company in the Middle East and are pursuing commercial applications in both domestic and international markets.

Encapso makes use of Solazyme’s microalgae-based technology, and has shown to increase the rate of penetration, decrease drag and reduce both rotational torque and friction in a variety of vertical and horizontal drilling applications. This can lead to lower drilling costs, reduced non-productive time, and accelerated operations. Encapso is non-toxic and biodegradable.

Flotek’s Complex nano-Fluid, or CnF®, chemistries are a series of proprietary, patented chemistries designed to enhance performance in oil and natural gas wells, including increased productivity through improved production rates and higher ultimate recoverability. The proprietary combination of citrus-based solvents and surfactants, which are combined to create a nano-molecular chemistry, provide unique benefits in the drilling process, according to the two companies.

 

Photo: The operational cycle for Solazyme’s Encapso lubricant.

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