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Business

Solazyme, Flotek Hit The Oil Field

by Michael McCoy
April 20, 2015 | A version of this story appeared in Volume 93, Issue 16

The biobased oils company Solazyme is joining with Flotek Industries, an oil-field technology firm, to commercialize a new drilling fluid additive called Flocapso. The additive combines Solazyme’s Encapso algal oil lubricant with Flotek’s Complex nano-Fluid, a combination of surfactants and citrus-based solvents touted as improving production from oil and gas wells. Flotek CEO John Chisholm says the combination will be environmentally conscious and highly effective as a drilling fluid additive.

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