BioSqueeze

BioSqueeze Inc. is a commercial biomineralization company based in Butte, Montana. It offers an innovative biomineralization technology that provides an effective solution for eliminating methane leaks in oil and gas wells. The company's proprietary technology utilizes natural soil bacteria delivered via low-viscosity, self-diverting fluids to form calcium carbonate (limestone), steadily reducing permeability to create a permanent, gas-tight seal. This process seals leaks as small as one micron wide and cannot be gas cut, ensuring all channels are sealed.

BioSqueeze's technology was developed in conjunction with the Department of Energy over a decade and has demonstrated an industry-leading success rate of over 90% in sealing over 150 wells across North America since 2019. It offers a more effective and environmentally friendly solution compared to traditional remediation methods like cements and resins, which often fail to eliminate sustained casing pressure due to their high viscosity and difficulty bonding to existing cement and casing.

In February 2023, BioSqueeze raised USD 7.4 million in Series A funding led by Valo Ventures to accelerate its growth and expand operations across North America. The company plans to bolster its fleet of mobile leak sealing vehicles, implement real-time remote operations, and develop new products for applications like rigless deployment, enhanced oil recovery, soil stabilization, and infrastructure repair.

Key customers and partnerships

In May 2024, BioSqueeze welcomed Sheena Halaburda as the Vice President - Sales for its Canadian operations. Halaburda brings over a decade of experience in the Western Canadian Sedimentary Basin.

In January 2024, BioSqueeze added James Athans as the Vice President - Southern US Athans has over 33 years of experience in various oil and gas basins across the US and globally.

In April 2023, Bryce Yeager joined BioSqueeze as the Vice President - Eastern US, bringing 22 years of upstream oil and gas experience.

BioSqueeze has successfully sealed leaks in nine US states and two Canadian provinces, working with various oil and gas operators, including Seneca Resources Company LLC, for which it presented a technical paper at the SPE Annual Technical Conference in October 2022.