We are a Texas based E&P Energy Transition company focused on acquiring mature assets and improving production using clean methods. Our current operating areas are in the Permian and East Texas basins.

ABOUT US

TEO’s experienced team has established a strong track record of using environmentally friendly technologies on mature producing fields to increase production and deliver value to our investors.

We are pursuing acquisitions, with focus on rate of return, cash flow, and with the flexibility and expertise to transact quickly and consider innovative deal structures that address sellers’ needs.

TEO’s experienced team has established a strong track record of using environmentally friendly technologies on mature producing fields to increase production and deliver value to our investors.

We are pursuing acquisitions, with focus on rate of return, cash flow, and with the flexibility and expertise to transact quickly and consider innovative deal structures that address sellers’ needs.

UNLOCKING VALUE

TEO is the oil industry’s green alternative.

Reducing the environmental impact and cost of producing oil and gas for the benefit of our communities and generating strong returns is our passion! This is our cause – leading the industry’s transition to cleaner production to reduce the impact on Mother Earth.

UNLOCKING VALUE

TEO is the oil industry’s green alternative.

Reducing the environmental impact and cost of producing oil and gas for the benefit of our communities and generating strong returns is our passion! This is our cause – leading the industry’s transition to cleaner production to reduce the impact on Mother Earth.

OVERHAULING &
STREAMLINING

ENVIRONMENTALLY
RESPONSIBLE

POSITIVE
CASH-FLOW

%

 About

About

Passion Led Us Here

Passion Led Us Here

THE CHALLENGE

“Companies and investors that fail to adjust to this new world, will fail to exist.”

Mark Carney

The scale and urgency of climate challenge is clear. The risk is not linear – we need a step change. We must act. Momentum is building and money is moving – but to mitigate the biggest risks and unlock the greatest opportunity, speed and discipline are vital. We bring the right combination of leadership, ideas, skills and relationships to drive change and capital flows.

THE CHALLENGE

“Companies and investors that fail to adjust to this new world, will fail to exist.”

Mark Carney

The scale and urgency of climate challenge is clear. The risk is not linear – we need a step change. We must act. Momentum is building and money is moving – but to mitigate the biggest risks and unlock the greatest opportunity, speed and discipline are vital. We bring the right combination of leadership, ideas, skills and relationships to drive change and capital flows.

THE RIGHT TEAM

We embrace the talents of individuals and trust one another to make the best decisions for the environment, our employees, and our partners.

Encompassing diversity, leadership strength, experience, and expertise, TEO’s team has a shared vision and long-term perspective. TEO is driven to create value and enhance the quality of life through clean, low-cost energy.

THE RIGHT TEAM

We embrace the talents of individuals and trust one another to make the best decisions for the environment, our employees, and our partners.

Encompassing diversity, leadership strength, experience, and expertise, TEO’s team has a shared vision and long-term perspective. TEO is driven to create value and enhance the quality of life through clean, low-cost energy.

OUR VALUES

Positive Impact

We are relentless,dedicated and determined inpursuit of a better, cleaner future. We have the perseverance and resilience to get us there.

Systemic Collaboration

We believe in connecting diverse ideas to create breakthroughs. Real change can only be achieved by working together.

Pristine Technology

We combine and streamline clean and advanced technologies to secure a significant increase in production and lower overall costs.

OUR VALUES

Positive Impact

We are relentless,dedicated and determined inpursuit of a better, cleaner future. We have the perseverance and resilience to get us there.

Systemic Collaboration

We believe in connecting diverse ideas to create breakthroughs. Real change can only be achieved by working together.

Pristine Technology

We combine and streamline clean and advanced technologies to secure a significant increase in production and lower overall costs.

 Unlocking Value

Unlocking Value

OUR STRATEGY

Based on core strengths and breakthrough ideas, TEO engages on a minimum risk strategy in the acquisition of high quality producing opportunities.  

Our broad expertise and financial industry connections make TEO a unique combination to drive systematic change and capital flows. Through our strong relationships with major oil companies and analytical based outreach, TEO owns a robust acquisition pipeline. We are building momentum and unlocking the best investment opportunities.

OUR STRATEGY

Based on core strengths and breakthrough ideas, TEO engages on a minimum risk strategy in the acquisition of high quality producing opportunities.  

Our broad expertise and financial industry connections make TEO a unique combination to drive systematic change and capital flows. Through our strong relationships with major oil companies and analytical based outreach, TEO owns a robust acquisition pipeline. We are building momentum and unlocking the best investment opportunities.

ACCESS

TEO is backed by institutional investors to fund acquisitions.

We have a strong balance sheet with cash availability and no debt or leverage. We have commitments from European institutional investors and insurance direct lenders that set us apart in the currently strained energy economy.

ACCESS

TEO is backed by institutional investors to fund acquisitions.

We have a strong balance sheet with cash availability and no debt or leverage. We have commitments from European institutional investors and insurance direct lenders that set us apart in the currently strained energy economy.

 ESG Leader

ESG Leader

E

Zero flaring & zero venting policy.
Minimal use of freshwater.
Environmental impact monitored and assessed annually by qualified third-party.

S

Zero fatalities.
Zero employee wellsite accidents – No OSHA reportable injuries.
80% of women in Executive Leadership Positions in O&G Upstream (versus 20% average percentage in O&G Upstream.)*

G

Transparency, accountability and ongoing reporting through online portal.
O&G reserves are monitored and assessed quarterly by qualified third-party.
Proprietary IT platform to run on-demand analytics and field data.

.

* Public information on website of 12 important upstream oil companies. (BP, Exxon, Shell, Total, Conoco Phillips, Chevron, EMI, Marathon, APA, Hess, Schlumberger, Baker Hughes).

E

Zero flaring & zero venting policy.
Minimal use of freshwater.
Environmental impact monitored and assessed annually by qualified third-party.

S

Zero fatalities.
Zero employee wellsite accidents – No OSHA reportable injuries.
80% of women in Executive Leadership Positions in O&G Upstream (versus 20% average percentage in O&G Upstream.)*

G

Transparency, accountability and ongoing reporting through online portal.
O&G reserves are monitored and assessed quarterly by qualified third-party.
Proprietary IT platform to run on-demand analytics and field data.

.

* Public information on website of 12 important upstream oil companies. (BP, Exxon, Shell, Total, Conoco Phillips, Chevron, EMI, Marathon, APA, Hess, Schlumberger, Baker Hughes).

ESG LEADER GOOD PRACTICES

The Green Alternative in the Oil Industry

Founded and driven by the principles of positive environmental impact, sustainability, transparency and diversity, TEO is uniquely positioned as an environmentally clean energy tech pioneer and positive impact player aiming to transform the oil industry’s impact on the global environment. TEO fully manages its processes and activities directly, at every step, to ensure increased efficiencies and the highest environmental controls.

“It is simple, we are just trying to be cleaner day after day.”
Stéphane Lamoine, CEO

ESG LEADER
GOOD PRACTICES

The Green Alternative in the Oil Industry

Founded and driven by the principles of positive environmental impact, sustainability, transparency and diversity, TEO is uniquely positioned as an environmentally clean energy tech pioneer and positive impact player aiming to transform the oil industry’s impact on the global environment. TEO fully manages its processes and activities directly, at every step, to ensure increased efficiencies and the highest environmental controls.

“It is simple, we are just trying to be cleaner day after day.”
Stéphane Lamoine, CEO

CLEAN OIL

According to a 3rd party assessment regarding investors’ view on classification of energy investments.

TEO is placed in the same category as renewable energy:

  • TEO prevents an imbalance in the ecosystem, by not using freshwater and instead, recycling salt water into the formation.
  • TEO does not flare or vent any of its gas production, which is a major source of greenhouse gas emissions.
  • TEO extends the life of existing vertical wells and opens shut in wells, avoiding as far as possible new drilling – resulting in a very low carbon footprint compared to industry standards.

CLEAN OIL

According to a 3rd party assessment regarding investors’ view on classification of energy investments.

TEO is placed in the same category as renewable energy:

  • TEO prevents an imbalance in the ecosystem, by not using freshwater and instead, recycling salt water into the formation.
  • TEO does not flare or vent any of its gas production, which is a major source of greenhouse gas emissions.
  • TEO extends the life of existing vertical wells and opens shut in wells, avoiding as far as possible new drilling – resulting in a very low carbon footprint compared to industry standards.

COMMITMENT TO
INNOVATION

Successful Implementation of Environmentally Clean Techs

Due to the complexity of understanding where and how to implement new technologies, and the conservatism in the oil industry, most exploration and production companies have not properly engaged and embraced Enhanced Oil Recovery (EOR) technologies.
TEO has achieved green operational excellence by increasing the recovery rate of existing reservoirs: finding, proving, using and mixing classic and new environmentally clean technologies (from a pool of more than 100 alternatives). Combined with experience and dedication to innovation our refined process of asset selection and technology application, allows TEO to continuously improve the economic and environmental performance of these scalable, environmentally friendly, disruptive, clean EOR technologies to produce high-grade light crude oil.
Thanks to the paraffin content retained, production is suitable for use in the agricultural, specialty lubricants and pharmaceutical industries and does not need to be burned as fossil fuel.

COMMITMENT TO INNOVATION

Successful Implementation of Environmentally Clean Techs

Due to the complexity of understanding where and how to implement new technologies, and the conservatism in the oil industry, most exploration and production companies have not properly engaged and embraced Enhanced Oil Recovery (EOR) technologies.
TEO has achieved green operational excellence by increasing the recovery rate of existing reservoirs: finding, proving, using and mixing classic and new environmentally clean technologies (from a pool of more than 100 alternatives). Combined with experience and dedication to innovation our refined process of asset selection and technology application, allows TEO to continuously improve the economic and environmental performance of these scalable, environmentally friendly, disruptive, clean EOR technologies to produce high-grade light crude oil.
Thanks to the paraffin content retained, production is suitable for use in the agricultural, specialty lubricants and pharmaceutical industries and does not need to be burned as fossil fuel.

 Clean Tech Expertise

Clean Tech Expertise

Where Clean Techs
& Expertise Meet

TAILOR MADE SELECTION & EXPERT USE OF CLEAN TECHS 

Our top 25 wells treated with specialized EoR Technologies and/or Reactivations have yielded an average production gain of 5X boepd per well at an average price of $1,700 per incremental barrel of production added, way below the average market cost for such incremental barrels.

TAILOR MADE
SELECTION & EXPERT
USE OF CLEAN TECHS

Our top 25 wells treated with specialized EoR Technologies and/or Reactivations have yielded an average production gain of 5X boepd per well at an average price of $1,700 per incremental barrel of production added, way below the average market cost for such incremental barrels.

PRECISION LOGGING

Use of highly selective and precision logging tools limits production of water and focuses production on oil, as well as identifying productive zones that less advanced tools typically missed.

Field tested in a wide range of environments and consistently delivers significant economic results

Identifis high-water saturation zones

Perforated zones without flow may be stimulated and become additional pay zones

P U M P E R
I s a i a h   M e n d o z a

  • Implemented in 40 producers    
  • Production Increase > 85% (related to identification of bypassed pay zones)
  • Average Cost US$ 90K per well including workover costs

PU M P E R:
W a l t e r   D a v i s

  • Implemented in six producers
  • Production Increase > 100%
  • Average Cost US$15K per well

ECO-FRIENDLY STIMULATION

We replace traditional, environment-unfriendly techniques such as massive hot water use, highly toxic xylene/BTEX or acids with 100% biodegradable, non-corrosive, non-fuming techs that carry zero hazard rating.

No risk to staff and the environment as compared to HCL stimulations.

COMBINING CLEAN TECHNOLOGIES

Combining clean technologies in the field generates beneficial non linear cross-effects.
For example, mixing a maintenance tech that heats an eco-friendly remediation tech derived from orange peel is highly efficient, as it keeps paraffin in suspension.

It becomes a remediation clean tech that replaces toxic dangerous chemicals such as Xylene or HF.

Oil extracted with paraffin within is sold to refineries specialized in agrochemicals, pharmachemicals, pharmaceuticals that pay a premium for this type of oil.

P U M P E R: 
E d m u n d o   B r i o n e s

 

  • Production Increase > 41% to >100%
  • Average Cost US$2K to US$50K

P U M P E R
O s h a y   P h i l i p s

  • Production Increase > 600%
  • Average Cost US$10K

MAINTENANCE CLEAN TECH

Eco-friendly soaps specially formulated as foamers, avoiding the use of highly toxic chemicals such as acids. It is also an economical way to remove water from gas wells and increase production.

Finding the right eco-friendly soap for a well needs a deep understanding of water chemistry.

SMART FIELD

Smart Field tech improves the knowledge of petroleum production processes, and thereby improve the efficiency of operations.

Using a set of innovative technologies allowing real-time transfer of data from the well pads to the control station.

P U M P E R :
J o r g e  S á n c h e z

  • Reduction in the number of trips
  • Quicker response to the behavior of equipment
  • Measuring well flow in real time with confirmation of measurement results
  • Real-time warnings

P U M P E R
C o d y  K n i g h t

 

  • Implemented in over 50 producers
  • Production Increase > 30%
  • Average Cost US$ 2-6K per well

NANO PARTICLE TREATMENTS

We treat paraffine, asphaltenes, scale deposits and salt crystals in mature wells with biodegradable nanoscale colloidal solutions that are 100% safe, non corrosive, non-hazardous, non-toxic, non-flammable which results in successful removal of deposited obstructions from the production facilities and maintains a consistently high level of production.

These environment friendly chemicals also improve oil quality, bringing a premium:
Oil produced is eligible for agri-farming and pharmaceutical industry.

NON-CHEMICAL WELL STIMULATION

Non-chemical stimulation technologies generate highly economic production increases with little or no environmental footprint.

These technologies cleanout blockages and restore production in a green and safe way without chemicals and no water.

Can be used independently or in combination with other clean technologies.

Sustained and long lasting effect in production and permeability increase and efficient reduction of operational costs.

P U M P E R
M a r i a n o   G a l i n d o

  • Implemented in seven producers and one injector
  • Average Production Increase c 70%
  • Average Cost US$ 50K per well

Richard Kelly
Smart Field & Central Facility Operations

After having successfully redeveloped our east Texas fields, Richard in now our West Texas field superintendent, where he did significantly improve economics, reporting, and EHS record.

Glenn Underwood
Techs Implementation Along the Fields

Glenn is the focal point for technology field deployment and reporting, providing technology results and technology candidates proposal.

 Production

Production

OPERATIONS

  • 377 wells, 353 producers, 167 active, successfully returned 51 wells to production

  • TEO has current operations in the Permian and East Texas Basins

OPERATIONS

  • 377 wells, 353 producers, 167 active, successfully returned 51 wells to production

  • TEO has current operations in the Permian and East Texas Basins

  The Right Team

The Right Team

STÉPHANE LAMOINE
Chief Executive Officer

Stéphane co-founded Beam in 2015 and was instrumental in creating SLU in 2018. With 30+ years’ experience, he is an expert in natural resources and green disruptive technologies. Engineer from Ecole Centrale Paris, Stéphane was Chief Investment Officer at Société Générale Asset Management and a consultant with Elliott Advisors.

PIERRE LEVIN
Chief Technology Officer

Pierre co-founded Beam in 2015. With 20+ years’ experience, he is a geologist and expert in oil production enhancement technologies and has brought several technologies to American oilfields from countries such as Russia and the Ukraine. Pierre is managing director at Vulcain and has founded a number of companies. Engineer Ecole des Mines de Paris.

ADAM FARRIS
SVP, Corporate Development

Adam is responsible for business development and corporate growth. With 25+ years’ experience, he is an expert at increasing existing oil and gas production and reducing costs of operation. He has worked at Enverus, Paradigm and Objective Reservoir.

SUSANA SAFAR
SVP Operations

Susana is director of operations. With 12+ years’ experience, she is an expert in oil and gas production technology, production engineering and operations. A petroleum engineer, Susana was previously head of production technology for a joint venture between Shell and PDVSA in Venezuela. She has BS and MS in Petroleum Engineering.

TIM BROWN
Senior Production Engineer

Tim is a senior production engineer. With 38+ years’ experience, he is a Permian Basin expert. A mechanical engineer, Tim has worked in production facilities and engineering; well stimulation; re-entry and repair; operations management; and field-testing technologies for Amoco, Altura, Oxy, Whiting Petroleum and Trinity.

ERIC UNVERZAGT
Director of Business Development – Land

Eric is director of business development – land. With 14+ years’ experience, he is an expert in managing all land-related aspects of oil and gas development with expertise in unconventional, conventional and enhanced oil recovery. He has worked for Denbury Resources, Land Star Dale Resources.

LEYING LEE
Finance Director

Leying is finance director. With 25+ years’ experience, she is an expert in accounting/reporting for both public and private companies. Leying has spent 11 years as corporate controller at various publicly traded oil and gas companies, including Rooster Energy, GeoMet, Key Energy Services and Dynegy.

RICHARD KELLY
Superintendent Production

Richard has over 30 years of experience in the petroleum industry including production, downhole, completion, and field management with a focus on cost-containment. His current role is Field Superintendent for production in both West and East Texas.

DANIEL OCHS
Reservoir

Dan is a petroleum engineer. With 25+ years’ experience, he has worked for operating and consulting companies: Amerada Hess, GOM Shelf, Object Reservoir, Phoenix Exploration Company and Breitburn Energy Partners. Dan has managed reservoir engineering consulting projects in hundreds of fields across Texas, Los Angeles, New Mexico, Oklahoma and Colorado.

RYAN JAMES SPENCER
Reservoir

Ryan is a reservoir engineer. With 17+ years’ experience, he is a North American upstream industry expert. Formerly with SK Innovation and Encana, Ryan has largely worked in field development, operations, data management, process improvement, acquiring and developing assets and increasing efficiencies using new technologies and operating methods.


Club



Iskandia Energy Operating

Owner / Vendor Relations

Iskandia Energy Operating

Owner / Vendor Relations

Iskandia Energy Operating is the Texas registered operating company fully owned by TEO (Technology Enhanced Oil)

Iskandia Energy Operating is the Texas registered operating company fully owned by TEO (Technology Enhanced Oil)

Contact us if your have further questions about owner/vendor relations:

no se ve
What is a Division Order?

A Division Order is a directive signed on behalf of the Interest Owner verifying to the purchaser or operator of a well the decimal interest of production owned by the owner. It also provides the owner’s remittance address and taxpayer identification number.

Who do I contact to determine the value of my mineral interest?

Iskandia does occasionally buy interest in our existing properties. Please contact the land department to discuss your situation.

Land@Iskandia.com

281-661-1999

What does "Royalty Interest" mean?

Royalty Interest (RI) owners own the minerals and have signed an oil and gas lease which entitles the owner to a percentage of revenue from the sale of oil and gas produced from the acreage described in the oil and gas lease. This percentage of revenue is referred to as the “royalty interest”. This interest is not subject to any of the costs related to the development, drilling, operations or maintenance of the well.

Where do I send documents to have them recorded?

All heirship and conveyance documents must be filed of record with the parish or county where the property is located.

none
What does "Working Interest" mean?

A Working Interest (WI) is a percentage of ownership in an oil and gas lease and grants its owner the right to explore drill and produce oil and gas from a tract of property. Working Interest owners are obligated to pay their proportionate percentage of the cost of leasing, drilling, producing and operating a well or unit.

What does "Mineral Interest" mean?

A Mineral Interest (MI) is also known as an unleased mineral interest and is a cost-bearing interest because the unleased mineral interest owners are not sharing a portion of their production in exchange for the Operators covering all of the production costs associated with extracting the resources from the ground. The unleased mineral interest owners are entitled to 100% of their production minus their proportionate share of the cost of drilling, completing and equipping the well in addition to operating costs after the well is completed.

What is a "Net Profit" Interest?

A net proceeds interest is not an interest in actual minerals. A net proceeds interest is a fractional ownership in the revenue derived from the sale of oil and gas, less expenses. This interest type is generally created when the leasehold, or working interest, is transferred through a 247 Operating Agreement to a second party with the first party reserving a percentage of revenue from the sale of production, less expenses.

Although your check detail indicates your interest is a royalty interest (RI), as though you own leased minerals, you actually own a net proceeds interest.

What is an Overriding Royalty Interest?

An Overriding Royalty Interest (OR) is an interest which is not connected to an ownership of minerals under the ground. It is the right to receive revenue from the production of oil and gas from a well. The overriding royalty is carved out of the Lessee’s (operator’s) working interest and entitles its owner to a fraction of production. It is limited in duration to the terms of a specific existing oil and gas lease, but is not subject to any of the expenses of development, operation or maintenance. An overriding royalty interest expires once the lease has expired and production has stopped, whereas minerals and royalty owners maintain their ownership after production stops.

About royalty checks

none
When are royalty checks mailed each month?

They are mailed on the 25th unless this day is a holiday or weekend; then they will be mailed on the first business day after the holiday or weekend. For example, if 7/25/XX falls on a Sunday, royalty checks will be mailed on 7/26/XX.

Why haven't I received my check?

Please wait ten business days to give the mail ample time for delivery before contacting Iskandia. Our minimum check amount is $100.00. If due to fluctuation in volumes and/or prices, your accrued amount is less than $100.00, there will be no check issued that month. You may, however, request that funds be issued to you when your accrued amount reaches $25.00. Download the $25 Minimum Check Form (PDF) (Link: Minimum Check Form). Smaller revenue amounts that fail to meet the minimums above are accumulated month to month until they meet the minimum, at which time you will receive a check. Smaller revenue amounts that have accumulated to more than $10 per owner are paid at least once annually, in October. Other reasons for not receiving a check include that your interest may have been placed in suspense due to a bad address, transfer of interest, or title dispute.

What kind of taxes are deducted from my check?

Generally, state severance taxes are deducted. Further, if you do not provide us your Social Security Number, we may withhold federal income tax as required by the Internal Revenue Service. If you’re a non-resident alien, we may deduct federal income tax from your check.

What are the deductions on my check?

The deductions are usually transportation or gathering charges.

none
What do I do if my check is lost, stolen, or becomes outdated?

Contact our Owner Relations at 281-661-1999 to request payment if your check has been lost or stolen. Please have the following information ready when you call:

  • Your name
  • Your owner number
  • Your taxpayer identification number

We will verify the status of your check with our Treasury Department and stop payment if the check is outstanding. The funds will be made available again through reissue to you under a new check number. If your check is over 90 days old, it will not be honored. Please void the check and return it with a written request to reissue to:

Iskandia Attn: Land 801 Travis Street, Suite 1818 Houston, TX 77002

Why does my monthly payment sometimes vary?

Many factors contribute to your payment, including: market conditions, regulatory or contractual changes, diminished production, seasonal conditions, and downtime.

Why does my payment differ from others in my family?

his occurs because ownership between family members is not equal, because one party has not provided Iskandia with a Taxpayer Identification Number (TIN, or Social Security Number), or because some family members may own an interest in other properties in addition to those commonly owned.

About unpaid or suspended royalties

none
How do I find unclaimed funds in my name?

Please visit the National Association of Unclaimed Property Administrator (NAUPA) website at www.unclaimed.org to locate and collect unclaimed funds in your name.

Why are royalty payments suspended?

The reasons for suspending your revenue are: title dispute, death of owner, transfer of ownership, unknown address, unexecuted division order, escheated, legal requirement, lien, missing tax ID or Social Security number.

What is a W-9 form and where can I find one?

A W-9 form (Link:W-9) is a request for taxpayer identification number and certification. It must include your name, address, federal tax classification, tax identification number, signature and date. Please note this document must have your signature to be valid. Once completed please either mail by post, email a scanned copy or fax it to us.

none
How do I obtain a copy of my 1099?

A duplicate can be provided should you misplace your form. Please contact owner relations at 832-209-8240 or Accounting@Iskandia.com to verify the address. Please be prepared to provide your owner number(s).

What is a 1099?

The 1099 (Link: 1099 pic) form is a series of documents the Internal Revenue Service (IRS) refers to as “information returns.” The 1099 form report your income you may receive throughout the year.

Contact

11 + 14 =