TenEx Technologies Selected for Chevron Technology Ventures' Catalyst Program
Pioneering Chemistry-Based Innovations To Unlock Efficiency, Sustainability, and Production Gains
BERWYN, Pa., Sept. 9, 2025 /PRNewswire/ -- TenEx Technologies, a leading provider of patented materials-based completion and production chemical solutions for the oil and gas industry, today announced its selection to join Chevron Technology Ventures' Catalyst Program™, an initiative designed to accelerate the growth of early-stage companies developing technologies that can be transformative for the energy sector.
This selection comes at a pivotal moment as operators balance capital discipline with the need for technology-driven productivity and cost savings while the U.S. focuses on energy security and dominance. TenEx's pioneering chemistry solutions are designed to enable producers to recover more hydrocarbons from both new completions and existing wells, with the aim of delivering increased reserves, lower cost per BOE, and improved environmental performance, strongly supporting ESG initiatives.
"We are honored to be selected by Chevron Technology Ventures for the Catalyst Program," said Miguel Peña, CEO of TenEx Technologies. "This milestone advances our mission to help energy producers maximize output through innovative, sustainable chemistry solutions. As the industry shifts from expansion to efficiency, our solutions can give operators the edge to boost production, improve operational efficiencies, extend critical surface and subsurface equipment life cycles, reduce environmental impact, and improve returns on investment."
Next-Generation Chemical Technologies for the Energy Industry
TenEx's portfolio tackles complex technical challenges to improve project economics across the oil and gas value chain:
- MicroHOLD® – deployed in thousands of stages across the U.S. and Canada. Improving formation breakdown, reducing screen-out risk, lowering pumping times, and driving higher long-term production.
- FullStim™ – a tailored suite of production chemistries that extend pump and equipment life cycles while reducing intervention costs and unlocking incremental production from existing wells. Engineered specifically to protect operators' substantial infrastructure investments, FullStim™ delivers cost-effective treatments that reduce total cost of ownership through extended operational life of critical well assets and surface pump equipment.
- SandBOND™ – a next-generation solution addressing costly sand production and flowback challenges in new and existing wells, especially horizontal wells.
Most of TenEx's solutions are water-based and reduce or eliminate hazardous chemicals like acids and solvents.
"Results from thousands of wells across multiple basins demonstrate that environmental responsibility and operational excellence are not competing priorities," said Amr Radwan, Co-Founder and CTO of TenEx Technologies.
Strategic Alignment with Chevron Technology Ventures
"The Catalyst Program provides TenEx with the framework to bring our breakthrough technologies to market faster," added Peña. "This collaboration strengthens our ability to contribute meaningfully to U.S. energy security and global operational excellence."
About TenEx Technologies
TenEx Technologies is a leader in materials-based chemistries for new and existing wells that solve critical challenges in oil and gas operations. Headquartered in Philadelphia, Pennsylvania, TenEx develops its proprietary technologies in a state-of-the-art R&D laboratory and has successfully deployed solutions across North America, South America and the Middle East. The company's mission is to maximize hydrocarbon recovery while minimizing environmental impact through innovative chemistry-based technology. For more information, visit www.tenextechnologies.com.
Forward-Looking Statements
This press release contains forward-looking statements regarding TenEx Technologies' business, technologies, and market opportunities. Actual results may differ materially due to risks and uncertainties.
Contact:
Ryan O'Neill – roneill@tenextechnologies.com
TenEx Technologies
18 Station Avenue
Berwyn, PA 19312
View original content to download multimedia:https://www.prnewswire.com/news-releases/tenex-technologies-selected-for-chevron-technology-ventures-catalyst-program-302551500.html
SOURCE TenEx Technologies, LLC