Schlumberger signs upstream agreement with MYCELX
HOUSTON -- MYCELX Technologies, a clean water technology company providing patented solutions for commercial industrial markets worldwide, has entered into an exclusive marketing and distribution agreement with Cameron, a Schlumberger company.
The agreement provides Schlumberger exclusive rights to distribute MYCELX products in the upstream market.
In particular, both companies will work to expedite the industry adoption of MYCELX's new RE-GEN product line as the water treatment method of choice in the upstream oil and gas market. MYCELX will retain its current business in the downstream market for all its products and services.
"We believe the RE-GEN product is a paradigm shift for upstream producers in that it allows them to meet their produced water treatment needs and provides meaningful cost savings," Connie Mixon, MYCELX's CEO, said.
