Chevron CorpChevron's proprietary surfactant technology boosts oil recovery and is applied in 600+ wells, with licensing to ZL Chemicals.
U.S. shale producers are increasingly using advanced chemical mixtures, known as surfactants, to extract more oil from existing wells, with Chevron and other companies reporting significant productivity gains. Chevron has developed a proprietary chemical technology that helps release oil trapped in shale formations, addressing the fact that only about 10% of oil is recovered with fracking alone. As of July 2026, Chevron has applied these chemicals in over 600 wells, starting in the Permian Basin, and has expanded to the Bakken, Rockies, and Argentina. The company has also licensed the technology to ZL Chemicals under the Vantis brand, aiming to commercialize it broadly. Ovintiv has completed about 400 Permian wells with surfactants since 2019, seeing a 9% improvement in oil productivity, and Diamondback Energy invested $30 million in a pilot project testing 60 wells with surfactants, with positive results. These innovations, along with longer laterals and AI, are expected to further boost U.S. shale production.
Chevron CorpChevron's proprietary surfactant technology boosts oil recovery and is applied in 600+ wells, with licensing to ZL Chemicals.
Diamondback Energy IncDiamondback's $30 million pilot with 60 wells shows positive results, improving productivity.
Ovintiv IncOvintiv completed 400 wells with surfactants, seeing 9% improvement in oil productivity.
ZL Chemicals licensed Chevron's technology under Vantis brand, gaining commercial opportunity.