TETRA Technologies, Inc. (NYSE: TTI) is a geographically diversified industrial and oil and gas services company.
Founded in 1981, we are focused on calcium chloride, completion fluids and associated products and services, comprehensive water management solutions, frac flowback, production well testing, and offshore rig cooling.
Calcium chloride is used in the oil and gas, industrial, agricultural, road, food and beverage markets. TETRA is evolving its business model by expanding into the low carbon energy markets with its chemistry expertise, key mineral acreage and global infrastructure. Low carbon energy initiatives include commercialization of TETRA PureFlow®, an ultra-pure zinc bromide clear brine fluid for stationary batteries and energy storage; advancing an innovative carbon capture utilization and storage technology with CarbonFree to capture CO2 and mineralize emissions to make commercial, carbon-negative chemicals; and development of TETRA’s lithium and bromine mineral acreage to meet the growing demand for oil and gas products and energy storage.
Headquartered in The Woodlands, Texas, TETRA is a global company with employees and operations on six continents. Our products and services are delivered through two business divisions — Completion Fluids and Products and Water and Flowback Services.
Completion Fluids and Products Division
Our Completion Fluids and Products Division manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion and workover operations in the United States and in certain countries in Latin America, Europe, Asia, the Middle East and Africa. The division also markets liquid and dry calcium chloride products manufactured at its production facilities or purchased from third-party suppliers to a variety of markets outside the energy industry.
Water and Flowback Services Division
Our Water and Flowback Services Division provides oil and gas operators with comprehensive water management services. The division also provides frac flowback, production well testing, offshore rig cooling, and other associated services and early production facilities (EPFs) in many of the major oil and gas producing regions in the United States, Mexico and Canada, as well as in oil and gas basins in certain regions in South America, Africa, Europe, the Middle East, and Australia.