The nation’s oil industry is placing high priority on recognizing innovative technologies that address two of its biggest challenges—safety and the decline curve. A new, customizable treatment program, known as the AssurEOR line, continues to be highlighted as a solution. Developed by Locus Bio-Energy Solutions™ for use in upstream applications, these customized products have shown impressive results in improving production and safety, leading to features in national industry publications, finalist placement in the World Oil Awards and presentations at regional and national conferences. Most recently, experts were asked to present the technology as one of 15 presentations at Tudor, Pickering, Holt & Co.’s (THP) exclusive, invitation-only Energy Disruption Conference, which showcases disruptive innovations that are reshaping the oil and gas industry.
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 developed by Locus Bio-Energy Solutions™, LLC, is the first paraffin dispersal product that is tailored to the specific characteristics of individual wells and increases production—turning well maintenance expenses into a profit center. This innovative approach has been uniformly successful, with results leading to increased demand and swift expansion from the Appalachian and Permian basins into the Powder River basin.
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. The opening came in response to increased demand from Permian E&P companies for innovative, HSE-friendly products.
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. The object of interest was our paraffin dispersal solution. The exposure to companies of such pedigree and caliber was both exciting and beneficial – we are moving forward with interest from multiple major clients.