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Production-Enhancing AssurEOR Program Selected As New Technology Development of the Year Finalist in Texas Oil & Gas Awards

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.  

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Ernst & Young Announces Andrew Lefkowitz As An Entrepreneur Of The Year® For The East Central Region

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.

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Locus Bio-Energy Solutions™ Honored For Technology Development Of The Year At 2019 Northeast Oil & Gas Awards

Northeast winner award for the 7th annual oil and gas awards.

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.

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Oil Industry Recognizes AssurEOR Production Products for Decline Curve Improvements

The oil industry is placing high priority on recognizing innovative technologies that address two of its biggest challenges—safety and the decline curve—and Locus Bio-Energy Solutions’ AssurEOR treatment program has been highlighted as a solution. The customized products show impressive results in improving production and safety, leading to features in national industry publications, finalist placement in the World Oil Awards and presentations at national conferences.

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