A technology breakthrough is making it possible to cost-effectively reduce worldwide chemical surfactant reliance for the first time. Production methods developed by Locus Fermentation Solutions (Locus FS) are driving a global shift to the use of high-performing biosurfactants customized to directly replace surfactants in key global industries—with a 37% lower carbon footprint.
Locus Bio-Energy Solutions™ (Locus BE) has received ISO 9001 accreditation for the proprietary fermentation processes used to produce its award-winning biosurfactants for oilfield applications. The accreditation confirms Locus BE operates with quality management systems that ensure the oil innovation company can consistently meet customer demands, and validates the quality and consistency of its patented technology and green EOR well treatments—which outperform synthetic chemicals in recovering oil at a fraction of the dosage rate and cost.
As operators scramble to cut costs, the Texas Railroad Commission (RRC)—which oversees all oil & gas operations in the state, including the top U.S. oil producing Permian Basin—voted to approve a new 10-year H13 tax credit for use of a green EOR technology. Known as the AssurEOR program and developed by Houston-based oil innovation start-up Locus Bio-Energy Solutions, the biosurfactant treatments are the first cost-effective and environmentally friendly products proven to sustainably increase oil production by 40% or more and extend the lifespan of declining wells—boosting revenue and financial stability.
Amid the oil industry’s financial crisis, owners and operators across the Permian Basin will now have better access to cost-saving treatments customized to sustainably maximize well production and lower operating expenses—the result of a recent expansion announcement from oil innovation company, Locus Bio-Energy Solutions™. The growth in the basin includes a 11,000-foot expansion across four acres to its facility in Midland, Texas, which will allow the company to broaden manufacturing and blending capacities and offer more rapid deployment of the award-winning AssurEOR biosurfactant treatments—tailored to help bottoms lines and ESG compliance across the industry.
In anticipation of growing demand for cost-saving treatments that successfully address cashflow and ESG concerns, Locus Bio-Energy Solutions™ has announced the addition of new resources in the Appalachian basin—including the opening of a Cambridge, Ohio facility and team expansions. The operational growth allows the oil innovation company to expand access to its award-winning biosurfactants, which safely increase production in declining wells by averages of 50%, improve performance and extend lifespan—reducing the need for new drilling and minimizing operating costs while maximizing sustainability.
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.