What Theaus Global does

Theaus Global Inc., operating as Theaus Carbon, is an Alberta-based carbon asset company founded in 2022 that converts carbon-intensive oil sands production into verified, blockchain-tracked carbon credits. Its flagship asset is the Wildwood Project in the Athabasca region, covering 12,000+ undisturbed acres across 18 Carbon Capture Areas (CCAs) and representing approximately 1.5 billion barrels of oil in place, 376 million producible barrels, and roughly 180 million tonnes of projected GHG reductions. Rather than capturing emissions or producing hydrocarbons, the company monetizes the permanent foregone extraction of bitumen, with sequestration maintained through binding non-extraction covenants and the multi-party Non-Extraction Commitment under the WSCIO Indigenous Stewardship Framework, which establishes Indigenous Nations as third-party beneficiaries with enforcement rights.

The company issues three credit classes — CRBNC (Ex-Post, Verified), CRBNX (Ex-Ante, Validated), and CRBNP (Projected Ex-Ante) — each representing over two barrels of permanently sequestered oil. Credits are tracked on the Bitcoin-based Liquid Network via the Blockstream Asset Management Platform, with transfers cryptographically gated by Theaus Carbon, and the methodology is ISO 14064-2:2019-aligned, developed with EcoEngineers using production baselines established by petroleum-engineering firm GLJ. Carbon Check, a UNFCCC Article 6.4 Designated Operational Entity and ISO 14065:2020-accredited VVB, has verified CCA1 at 10,248,166 tCO2e of gross credits, with CCA2 (10,232,883 tCO2e) in process for Q3 2026.

Theaus Global monetizes credits through three distribution channels: the Northern Trust Carbon Ecosystem for institutional custody (typical size 1,000+ credits), the International Carbon Registry (ICR) under an ICROA-endorsed programme for registry-based retirement, and direct purchase for custom structures. At least 50% of gross revenue is committed to Indigenous participation and stewardship (30%) and energy transition (20%), with up to an additional 5% funding permanent financial assurance. Pricing is not publicly disclosed. The company is privately held with 1–10 employees, no disclosed funding rounds, and no named institutional customers, operating primarily from Edmonton, Alberta.

Name

Theaus Global

Legal name

Theaus Global Inc.

Website

https://theausglobal.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Theaus Global (operating as Theaus Carbon) is an Alberta-based carbon asset company that converts carbon-intensive oil sands production into blockchain-tracked carbon credits via the Wildwood Project, serving institutional, registry-based, and direct buyers through Northern Trust, ICR, and direct channels.

Ownership category

akta.pro rank

Product category

Voluntary Carbon Credits

SIC

Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance) (EUABAAAE)

akta.pro secondary industries

Carbon Registries & Issuance Platforms (Project/credit lifecycle, serials, issuance, retirement) (EUABAAAA), Carbon Credit Brokerage & Trading (Spot, Forward, Structured Products) (EUABADAB), Carbon Offtake Structuring & Contracting (ERPA, Long-term Offtakes, Price Floors) (EUABADAE), Carbon Credit Portfolio & Inventory Management (Banking, Hedging, Optimization) (EUAGAIAG)

Keywords

• Voluntary carbon credits
• Sequestered oil credits
• Oil sands stewardship
• Blockchain carbon tracking
• Carbon credit registries

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Others

Revenue model

1. Carbon Credit Sales: Sale of sequestered oil carbon credits through multiple channels. Credits represent over 2 barrels of oil permanently sequestered per credit. Three credit classes available: CRBNC (verified ex-post), CRBNX (validated ex-ante), and CRBNP (projected ex-ante). Revenue is distributed with at least 50% to Indigenous participation/stewardship (30%) and energy transition (20%), with up to 5% to financial assurance.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Theaus Global develops and issues sequestered-oil carbon credits under the Wildwood Project in Alberta's oil sands, where ~1.5 billion barrels of bitumen remain permanently immobilized in deep geologic formation through binding non-extraction covenants. It sells three credit classes — CRBNC (Ex-Post Verified), CRBNX (Ex-Ante Validated), and CRBNP (Projected Ex-Ante) — through institutional custody (Northern Trust Carbon Ecosystem), an ICROA-endorsed registry (International Carbon Registry), and direct purchase channels, with each credit backed by more than two barrels of sequestered oil and tracked on the Bitcoin-based Liquid Network.

Product overview

Theaus Global operates Theaus Carbon, a carbon credit platform offering sequestered oil carbon credits through three product tiers: CRBNC (Ex-Post Verified), CRBNX (Ex-Ante Validated), and CRBNP (Projected Ex-Ante). The flagship product is The Wildwood Project, Alberta's first sequestered oil project, which converts planned carbon-intensive oil production into verified carbon assets with over 2 barrels per credit. Credits are tracked on the Bitcoin-based Liquid Network via the Blockstream Asset Management Platform. Distribution is available through Northern Trust Carbon Ecosystem (NTCE), the International Carbon Registry (ICR), and direct purchase from Theaus Carbon.

Differentiator

Problem solved

Functional benefit

Brands

• CRBNC (Ex-Post, Verified): Fully verified credits eligible for retirement, backed by completed verification cycles.
• CRBNX (Ex-Ante, Validated)
• CRBNP (Projected Ex-Ante)
• Northern Trust Carbon Ecosystem (NTCE)
• International Carbon Registry (ICR)
• Wildwood Project

Products and services

• Sequestered Oil Carbon Credits (CRBNC) Ex-Post (Verified) carbon credits fully verified by Carbon Check, eligible for retirement, and backed by completed verification cycles. Each credit represents over two barrels of oil permanently sequestered in deep geologic formation. Sold to institutional and registry-based buyers.
• Sequestered Oil Carbon Credits (CRBNX) Ex-Ante (Validated) forward-looking carbon credits backed by validated project documentation, subject to verification before conversion to CRBNC. Targets buyers seeking forward-looking validated credits tied to a defined crediting period.
• Sequestered Oil Carbon Credits (CRBNP) Projected Ex-Ante credits contingent on crediting period renewal. Credits move between classes (CRBNP/CRBNX/CRBNC) via on-chain burn-and-mint transactions on the Liquid Network. Targets buyers who accept contingent, projected vintages tied to future crediting periods.
• The Wildwood Project (Sequestered Oil Project) First-of-its-kind sequestered oil project in Alberta's oil sands and Alberta's first project of its category. Spans ~1.5 billion barrels of bitumen in place, 376 million producible barrels, ~180 million tonnes projected GHG reductions, across 18 Carbon Capture Areas on 12,000+ acres. Generates the CRBNC/CRBNX/CRBNP credits.

Quantifiable outcome

• ~180 million tonnes GHG reductions projected from Wildwood Project
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core.

• Carbon CheckcoreTechnology or Integration · 14 January 2026Independent Validation and Verification Body (VVB) serving as UNFCCC Article 6.4 Designated Operational Entity and NABCB/QCI ISO 14065:2020 accredited. Verified CCA1 at 10,248,166 tCO2e gross credits and processing CCA2.
• NorthernNations Cooperative (NNC)coreStrategic or Co-development PartnerStrategic alliance with NorthernNations Cooperative for Indigenous stewardship of the Program Lands. NNC and NNC Enterprises Inc. (NNCE) participate in the WSCIO Indigenous Stewardship Framework, with Participating Nations recognized as beneficiaries with enforcement rights under the Non-Extraction Commitment.
• Northern Trust Carbon Ecosystem (NTCE)coreChannel Partner/ Reseller/ DistributorDistribution channel partnership for institutional carbon credit buyers seeking custody through Northern Trust, one of the largest US financial institutions. NTCE provides custody, settlement, registry, and intermediary services for credits.
• International Carbon Registry (ICR)coreChannel Partner/ Reseller/ DistributorICROA-endorsed distribution channel for traditional carbon registry listing. CCA2 verification in process with ICR standard, targeting Q3 2026 availability.
• EcoEngineerscoreStrategic or Co-development PartnerDeveloped ISO 14064-2:2019 aligned sequestration methodology in partnership with EcoEngineers. The methodology applies conservative leakage accounting and serves as the foundational approach for quantifying in-situ carbon sequestration.
• GLJ (GLJ Ltd.)coreTechnology or IntegrationWorld-class petroleum engineering firm establishing production baselines using industry-standard economic and engineering evaluation methods, the same methods used to value producing assets. Independent evaluation of economically extractable bitumen volumes.
• Blockstream Asset Management Platform (AMP)coreTechnology or IntegrationTechnology platform enabling issuance of Transfer Restricted assets on the Liquid Network (Bitcoin sidechain). All credit transfers require Theaus Carbon's cryptographic authorization.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pachama: Marketplace and project developer for nature-based and technology-based carbon credits with strong emphasis on integrity and remote sensing verification. Comparable because both operate technology-enabled, integrity-first carbon credit platforms serving voluntary market buyers.
• Rubicon Carbon: Carbon credit developer and manager focused on high-integrity nature-based and engineered removal projects, with strong institutional distribution. Comparable because both develop, verify, and sell high-integrity credits to enterprise and institutional buyers via multiple distribution channels.
• Chestnut Carbon: U.S. nature-based carbon credit developer focused on improved forest management and afforestation projects. Comparable because both develop, verify, and sell high-integrity credits with multi-year crediting periods and rigorous third-party verification, though Chestnut focuses on forestry rather than sequestered oil.
• Puro.earth: Carbon removal registry and marketplace focused on engineered removals (biochar, DAC, BECCS). Comparable because both run a registry-plus-issuance model for high-integrity credits with strict methodology requirements and direct buyer relationships.
• Carbon Streaming Corporation: Public carbon credit streaming and royalty company that invests in carbon credit projects globally. Comparable because both provide upfront capital and project financing tied to future verified carbon credit issuance across diverse methodologies and geographies.

Broad incumbents

• Verra: Largest voluntary carbon market registry, operating the Verified Carbon Standard (VCS) program. Comparable as a registry and standard-setter for high-integrity credits, though Verra is a multi-program infrastructure provider rather than a project developer of sequestered oil.
• South Pole Group: Large climate solutions provider developing and selling verified carbon credits, with broad advisory and project development capabilities. Comparable as a large incumbent offering high-integrity carbon assets to enterprise buyers, though across avoidance, reduction, and removal categories rather than specialized sequestered oil.

Emerging players

• KlimaDAO: Decentralized autonomous organization aggregating tokenized carbon credits on-chain for transparency and liquidity. Comparable because both operate in the on-chain carbon infrastructure space, though KlimaDAO is a buyer/aggregator rather than a project developer of sequestered oil.
• Patch (formerly Cloverly): API platform for purchasing and retiring carbon credits, including tokenized credits via blockchain. Comparable because both leverage digital infrastructure (blockchain/API) to distribute carbon credits to enterprise and developer buyers, though Patch is a neutral marketplace rather than a project developer.
• Cloverly: Carbon credit API and marketplace enabling enterprises to embed carbon offsets into digital products and workflows. Comparable because both use technology infrastructure to streamline the purchase, retirement, and tracking of credits, though Cloverly operates as an aggregator/API rather than a project developer.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/theaus-global

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Theaus Global