ND Industrial Commission Approves Grant to Trial Green Enhanced Oil Recovery (EOR) Treatments
Creedence Energy Services, in partnership with Locus Bio-Energy Solutions, will utilize funding from the Oil and Gas Research Program to trial ESG-friendly biosurfactants
World Finance Names Locus Bio-Energy Best Upstream Solutions Company Driving Economic Growth in Oil & Gas
Oil innovation company chosen as North American winner for biosurfactant solutions that improve financial stability and sustainability
Biosurfactants Highlighted as A Top Technology in S&P Global Energy Awards
As operators search for new oilfield chemistries, S&P Global Platts is recognizing biosurfactants as a top green technology that can improve sustainability, increase profitability of current well operations and minimize new drilling. The solutions were developed by Locus Bio-Energy Solutions, which has been named a finalist in the 2020 S&P Global Energy Awards for two categories: “Rising Star Company” and “Emerging Technology of the Year”.
SUSTAIN Biosurfactant Technology Revives U.S. Shale by Boosting Initial Completion Oil Production
SUSTAIN is the newest addition to Locus BE’s portfolio of award-winning biosurfactant solutions for upstream oil applications, which have received global recognition for their ability to maximize production, cut costs and help operators do more with less.
Texas RRC Approves 10-Year Oil Tax Credit for Use of Green EOR Technology
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.
Locus Fermentation Solutions Named Green Manufacturer of the Year in GHP’s Global Biotechnology Awards
GHP Magazine has announced the winners of the 2020 Biotechnology Awards, naming Locus Fermentation Solutions (Locus FS) as Green Manufacturer of the Year. The Ohio-based start-up has gained recognition for its innovative technology, which enables the cost-effective production of customized solutions that outperform chemicals in a variety of industries—driving a global shift to the use of environmentally friendly products.
Locus Bio-Energy Expansion Gives Permian Basin Operators Access to Cost-Saving Solutions
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 bottom lines and ESG compliance across the industry.
Locus Bio-Energy Solutions Expands Resources for ESG and Production Challenges in Appalachian Basin
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.
AssurEOR Biosurfactant Treatment Program Wins New Technology Development Of The Year In The Texas Oil & Gas Awards
AssurEOR, an environmentally–friendly line of biosurfactant treatments from Locus Bio-Energy Solutions™ that substantially improves enhanced oil recovery efforts, was selected as New Technology Development of the Year in the Texas Oil & Gas Awards last Thursday.
Locus Bio-Energy Solutions Opens New Oil Innovation Center In Houston
Locus Bio-Energy Solutions™, 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.