World Oil · May 2026
Trade press coverage confirming the strategic investment and deployment plans.
Engineering the future of chemistry for natural resource extraction
Company research
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Overview
MaverickX is a privately held Austin-based chemical manufacturing company focused on engineering chemistry for natural resource extraction. Its primary product appears to be PetroX Boost™, a production-enhancement solution designed to increase oil recovery from shale wells; the company also references broader solutions for oil, metals, and water recovery.
Primary product
PetroX Boost™
Founded
2022
Headquarters
Austin, Texas, United States
Team size
11-50 employees
Industry
Chemical Manufacturing
Sub-industry
Oilfield chemicals / production-enhancement chemistry
Business model
B2B
product sales
strategic/enterprise deployment
Funding
Stage
Seed
Total raised
$19M
Latest round
Strategic capital round · May 2026
May 2026 · Chord Energy
Jan 2026 · Olive Tree Capital
People & investors
Leadership
Eric Herrera
CEO & Co-founder
Jesse Evans
COO & Co-founder
Work & culture
Public materials emphasize mission-driven work, economic value creation, and solving U.S. resource challenges. No explicit benefits or detailed culture page was publicly identified in the searched sources.
Compensation
No public compensation information was identified in the searched sources.
Product & market
Pricing
Not publicly disclosed; partnership/deployment-based and strategic capital supported commercialization are mentioned.
Differentiators
- —Designed to increase oil recovery from shale wells
- —Positioned as scalable chemistry for resource extraction
- —Early field deployments with a major operator (Chord Energy)
- —Claims of unlocking additional value from existing wells
- —Broader platform extends to oil, metals, and water recovery
Technology
tableau
python
sql
zapier
hubspot
ramp
google sheets
gmail
linkedin
google workspace
smartsheet
recharge
impact
Customers
Chord Energy
Olive Tree Capital
Competitors
incumbent oilfield chemical providers
production-enhancement chemistry vendors
oil recovery optimization technology companies
Scale & contact
Estimated monthly visits
4.8K
Traffic estimate as of May 2026
Latest news
Yahoo Finance / GlobeNewswire syndication · May 2026
Republished release with additional quoted details from leadership.
citybiz · May 2026
Business coverage of the financing and commercialization plans.
GlobeNewswire · May 2026
Primary announcement stating Chord Energy and Olive Tree Capital invested in MaverickX to accelerate PetroX Boost commercialization and early field deployments.
Austin American-Statesman · Apr 2026
Local coverage of MaverickX's Pleasanton facility, demand growth, and plans to expand production capacity in Texas.
Jobs and careers at MaverickX
8 jobs at MaverickX
Research Associate - Analytical Chemistry
On-site
Austin, TX
2w ago
On-site
Research Associate
On-site
Austin, TX
2w ago
On-site
Research Associate
On-site
Austin, TX
2w ago
On-site
Senior BioProcess Engineer
On-site
Austin, TX
2w ago
On-site
Sr. Stimulation Chemist
On-site
Austin, TX
3w ago
On-site
Director of Applications
On-site
Austin, TX
3w ago
On-site
Office/Executive Assistant
On-site
Austin, TX
1mo ago
On-site