Add beeswax, coconut oil and cocoa butter to a double boiler.
Gradually bring the heat up until the water is boiling.
Turn to low heat so the water simmers until the oils and wax have melted completely.
Carefully remove from heat (your container will likely be hot) and stir in essential oils until well combined.
Using a syringe or the spout on your heat-proof container, pour the wax and oil mixture into the prepared lip balm containers of your choice.
Let cool and harden before placing lids on the top.