Terves Inc.
Oil and GasOhio, United States11-50 Employees
Terves Inc. develops, manufactures and sells Engineered Response materials for the oil and gas sector. These materials are designed to respond to environmental cues—such as time, temperature and pressure—to perform targeted actions like dissolution, dimensional change or the generation of heat or force. The company is a leading supplier of dissolvable metals and polymers used to produce frac balls, plugs, slips and seals for well completion and production, with deployments across North America, Europe, South America, Asia and the MENA region. It serves oil and gas majors, operators, EPCs and OEMs, collaborating to commercialize existing products and develop new solutions for challenges in exploration, production and completion. Based in Euclid, Ohio, the firm maintains a small to mid-sized team focused on research and product development. In 2018, it expanded its portfolio with the SmartCore line, an integrated set of intelligent frac ball and chemical pill products.