AssurEOR, a new green paraffin remediation and reservoir stimulation treatment program from oil innovation company Locus Bio-Energy Solutions, has been selected as a New Technology Development of the Year finalist in the Texas Oil & Gas Awards. The environmentally-friendly line of treatments, which won the category in the Northeast Oil & Gas Awards earlier this year, is being lauded as a truly novel oilfield chemistry that safely and cost-effectively maximizes the performance of declining wells, reducing the need for new drilling to maintain production rates.
Andrew Lefkowitz has found great satisfaction in using his dealmaking skills to maximize the potential of companies that can help people lead better lives. He partnered with scientist Sean Farmer to found Ganeden, a Mayfield Heights-based company that researched and commercialized beneficial probiotic strains as human health ingredients.
Andrew Lefkowitz, the co-founder, chairman and CEO of biotech startup Locus Fermentation Solutions (Locus FS), has been named an Entrepreneur Of The Year® for the East Central region. The social responsibility-focused Cleveland leader joined finalists from Ohio, Kentucky, Pennsylvania and Indiana. Winners were unveiled at a special black-tie gala in Cincinnati on June 13.
The oil technology firm whose unique methods to substantially increase oil well performance continue to gain industry notice, is opening a new headquarters and lab in the Houston area, and has recruited another top industry executive to drive technology for the rapidly growing company.
A Solon company has found a way to make crops — and oil wells — more productive. How? Microorganisms. And Locus Fermentation Solutions doesn’t plan to stop with agriculture and energy. The company is doing research in a lot of areas, and it’s already filed for about 150 patents, said Andy Lefkowitz, co-founder, chairman and CEO. He sees potential in areas as varied as skin care and wastewater treatment.
Locus Bio-Energy Solutions™ (Locus Bio-Energy), the biotech company whose AssurEOR line of biochemical treatments for oil wells has substantially improved production in the Appalachian and Permian Basins, received the New Technology Development of the Year Award in the 2019 Northeast Oil & Gas Awards. The announcement was made at the Northeast region’s finalist gala in Pittsburgh.
Martin Shumway and Tim Knobloch are artists with numbers. They used an array of drilling data to paint pictures of Ohio’s Utica Shale and the entire Appalachian Basin in twin presentations Thursday at the 72nd annual Ohio Oil and Gas annual meeting, sponsored by the Ohio Oil and Gas Association. Kallanish Energy was in attendance at the conference, along with roughly 700 other attendees, all together in Ohio’s capital city.