Vantis™ technology designed to support resource recovery in shale and tight reservoirs

Chevron Technical Center, a division of Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX), and ZL Chemicals Ltd today announced a technology licensing agreement under which ZL may commercialize Chevron-developed chemical surfactant technology. ZL plans to offer products and services utilizing the licensed technology under the Vantis™ brand.

Chevron has developed and applied advanced surfactant technology to improve resource recovery in unconventional reservoirs. This licensing agreement enables an opportunity for broader commercial deployment of this technology.