Creedence Energy Services and Locus Bio-Energy Solutions ink distributorship agreement for use of biosurfactant technology after Bakken trials show up to 70% higher production in declining wells
SUSTAIN™ biosurfactants, the 100%-renewable treatments from Locus Bio-Energy Solutions that double initial production, are a best completion technology finalist in the World Oil Awards 2021. The carbon-neutral green technology shows promise in reviving the U.S. shale market by doubling initial oil production and slowing declines in unconventional wells.
Dr. Mahmoudkhani received the SPE Regional Production and Operations award from the Society of Petroleum Engineers-Gulf Coast Section (SPE-GCS)
Creedence Energy Services, in partnership with Locus Bio-Energy Solutions, will utilize funding from the Oil and Gas Research Program to trial ESG-friendly biosurfactants
Oil innovation company chosen as North American winner for biosurfactant solutions that improve financial stability and sustainability
As operators search for new oilfield chemistries, S&P Global Platts is recognizing biosurfactants as a top green technology that can improve sustainability, increase profitability of current well operations and minimize new drilling. The solutions were developed by Locus Bio-Energy Solutions® (Locus BE), which has been named a finalist in the 2020 S&P Global Energy Awards for two categories: “Rising Star Company” and “Emerging Technology of the Year”.