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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


MINOT, North Dakota (February 04, 2021) Amid growing ESG and financial pressure on oil & gas operations nationwide, the North Dakota Industrial Commission (NDIC) has approved a grant to trial new green oilfield chemistries in wells across the state. In a 7-0 unanimous vote, funding was awarded to Creedence Energy Services through the commission’s Oil and Gas Research Program (OGRP) for use of biosurfactant treatments developed by green tech startup, Locus Bio-Energy Solutions® (Locus BE). Beginning in Q1, the trials will evaluate the treatments’ ability to sustainably increase oil mobility and production providing operators with economically feasible means to do more with current assets to overcome depressed oil prices and reduced capital available for new well completions. ....

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