Specialty Chemicals and TenEx Technologies: A Conversation with Miguel Pena

We had the opportunity to sit down with Miguel Peña, President, TenEx Technologies. In 2006, they acquired mines for real estate development, in the process founded a frac sand mine and pivoted when they saw an opportunity to service the O&G industry. They later started the technology company to bring more value to their oil field sand clients with a more diversified product offering. Their first client was a wild success with over 150 wells using the solutions. Key Takeaways: Oilfield companies  need to lower the  impact to the environment. Investors and consumers are no longer complaisant about ESG. Experts are more important as corporations are unable to maintain their employees FTE, and must rely on technology. Improving the parent/child relationship is critical in saving depletion rates and reducing additional drilling.

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