Oil innovation startup will present on the profitability and sustainability of its AssurEOR treatment program THE WOODLANDS, TEXAS (September 10,…
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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.
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.
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.
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.
Jon Rogers, a highly respected global oilfield executive who served in senior roles at BP and Clariant, has been named CEO of Locus Bio-Energy Solutions™ (Locus Bio-Energy), a disruptive technology company whose unique bio-chemical based production and drilling fluid chemistries are increasing oil production and safety, and attracting top industry talent.
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.
Finalists for the 2018 World Oil Awards have been announced, and Locus Bio-Energy Solutions, LLC’s (Locus Bio-Energy) AssurEOR product line was chosen for its advancements in the production chemicals category. The prestigious awards, developed by World Oil and Gulf Energy Information, honor leading innovations in upstream oil applications that are positively impacting the industry. The winners will be announced at a black-tie gala in Houston on October 11.
