Wavefront Technology Solutions Inc
Wavefront Technology Solutions Inc. is the global leader in the advancement of dynamic fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil (IOR/EOR) Recovery. Headquartered in Edmonton, Alberta Wavefront specializes in designing and developing leading-edge, proprietary technologies for fluid flow in the ground. As a pioneer of unique and industry altering technology Wavefront has redefined conventional fluid injection approaches for well stimulation and IOR/EOR programs allowing oil and gas producers to optimize cost efficiencies and maximize profitability. As an Oil Field Service provider Wavefront operates in the global market place dealing directly with exploration and production companies and through an international network of distributors and agents.
Company details
Find locations served, office locations
- Business Type:
- Manufacturer
- Industry Type:
- Soil and Groundwater
- Market Focus:
- Globally (various continents)
This company also provides solutions for other industrial applications.
Please, visit the following links for more info:
About Us
A well stimulation is an operation performed on a well to restore or enhance productivity or improve injection. In most instances a chemical is pumped into the well to stimulate a producing or injection interval. In other cases stimulation is used to remove scales such as calcium carbonate or barium sulfide, or to rid a well of accumulated waxes on tubulars or to remove fill.
IOR/EORIOR/EOR targets stranded or bypassed oil in reservoir which is very difficult to produce due to various physical limitations. Powerwave is universally applicable to virtually all oilfield recovery processes involving fluid injection and represents a proven step change in recovering more oil from existing discoveries. Powerwave helps oil companies maximize value from their production operations by rescuing stranded oil.
History
Oil. It’s a finite resource that makes the world go around and energy is just the beginning of its power. From contact lenses, antiseptics, paint, tires, telephones, artificial limbs, and upholstery to ballpoint pens, boats, hearing aids, lipstick, footballs, shaving cream, and toys, petroleum literally touches every aspect of our lives. Each day, the expanding economies of the United States, China, India, and other major markets around the globe create an ever-greater demand for oil and its by-products. The US alone consumes more than 20 million barrels per day. Obviously, as demand increases, supply decreases–and the market price goes up. This cause-and-effect scenario leads to tremendous profitability for those enterprising companies that find cost-effective ways to maximize oil recovery. Key to their success is Wavefront’s unique, patented process and technologies.
Traditionally, oil producers always have “picked the low-hanging fruit,” recovering only the easily extracted oil from reservoirs and leaving behind the rest. Driven to provide a better solution to the status quo, Wavefront innovated its powerful, cost-effective Powerwave process and tools. Since their first application in 1998, Wavefront technologies have consistently delivered successful results for optimized oil well stimulation and secondary oil recovery. In some cases, its technology has increased the production of individual wells by greater than 1000%. For oil recovery revitalization projects, it has consistently increased production by 30% or greater. The bottom line is that when adopted market-wide, Powerwave could increase global production and supply by up to billions of barrels and for now, has the potential to help make “peak oil” a thing of the past.
That said, it is important to keep in mind that this is production from existing fields. What this means for companies that are powered by Wavefront technologies is that they can expect revitalized revenue streams without the costly–and potentially fruitless–new exploration. In fact, since Wavefront maximizes secondary or tertiary recovery, fewer wells may produce the same amount of oil or more. Clearly, Wavefront is the global leader in fluid flow technology.