Wax accumulation in wells and low oil recovery rates are two of the major challenges in the oil industry. At the same time, it is important to note that every well has its unique characteristics, such as depth, producing zones and reservoir rock type, etc.
New innovations are making the shift to green technology in oilfield applications easy and beneficial
Green treatments from Locus Bio-Energy Solutions honored for enhanced oil recovery and production increases across two top…
The fast-growing oil technology company whose environmentally-friendly biosurfactant treatments consistently increase well production by averages of 40 percent, officially opened its new 7,117-square-foot Houston innovation center on Tuesday. The company debuted the center to top oilfield leaders during an exclusive workshop.
Oil innovation startup will present on the profitability and sustainability of its AssurEOR treatment program THE WOODLANDS, TEXAS (September 10,…
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, 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.
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.
A new non-toxic, customized approach to paraffin dispersal is showing unprecedented results in cleaning flow lines and rods, while also increasing well production—leading to expansion into additional basins. AssurEOR FLOW, an environmentally-safe biochemical treatment, is the first paraffin dispersal product that is tailored to the specific characteristics of individual wells and increases production.
SOLON, Ohio (June 5, 2018) Developing non-toxic technologies for upstream applications continues to intensify, but there’s been little success to date until recent advancements from Locus Bio-Energy Solutions™. The intellectual-property-based fermentation company, which is known throughout the industry for its local production of fresh, non-toxic and customized treatments, recently announced the opening of a new facility in Midland, Texas, to expand its unique product offerings. Based at the center of one of the highest activity level basins in the world, the company’s new location will offer fresh, personalized treatment programs based on by-products of non-GMO, non-bacterial microorganisms for paraffin dispersal and enhanced oil recovery.
SOLON, Ohio—February 20, 2018—An Ohio-based R&D company is changing the future of the oil business by developing new and innovative approaches to common industry challenges—with solutions that are gaining international attention. World-class scientists at Locus Bio-Energy Solutions™, LLC have created a series of unique microbial-based products that substantially increase oil reserves and reduce LOE. The products, which are both cost-effective and non-toxic, are evolving oil well operators’ approaches to maintenance–leading Darcy Partners to name Locus Bio-Energy a Top 10 Emerging Tech Company in the World in the production chemicals space.
After extensive due diligence, Locus was selected as one of the Top 10 Emerging Tech Companies in the world in the Production Chemicals space to present at a closed forum of super majors and top independents. The forum was organized by Darcy Partners in Houston.
A team from Locus presented at the Production Chemicals Optimization Conference on June 28th, 2017 in Houston to an audience that were primarily petrochemical scientists from most major E&P operators such as Chevron and Conoco Philips, and Production Services companies such as Schlumberger and Baker-Hughes.
