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Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s):  WFTSF

Wavefront Technology Solutions Inc. is engaged in the advancement of dynamic fluid injection technology for oil and gas well stimulation and improved/enhanced oil (IOR/EOR) recovery. Through its Powerwave technology, it provides the oil and gas industry to place fluids into the reservoir. The dynamic action of Powerwave’s fluid pulses diverts injected fluids away from established flow paths, achieving better fluid distribution. Its patented Powerwave process is an injection technology that improves the flow of fluids in geological materials, including sedimentary soils and fractured rock. These materials are composed of a solid matrix and pore structure, which contain fluids such as oil and gas. The Primawave process is a method for aiding in-ground environmental remediation clean-up strategies in contaminated sites. Primawave provides the environmental sector with a solution for aiding in the clean-up of contaminated sites. It deals directly with exploration and production companies.


TSXV:WEE.H - Post by User

Post by kiet2005on Jan 06, 2011 10:08am
538 Views
Post# 17932333

Got email from WEE - Part 2

Got email from WEE - Part 2I emailed to WEE management my concern about  Powerwave mechanical tool  versus Electric one

Here is part of answer that I got :

***********************************************************************************************************

 

The Corporation’s technology is a process that generates powerful fluid pulses to momentarily expand the pore structure of rock and soil, which dramatically improves fluid flow in the ground. This process is patented, and thus must be licensed to the end user(s).  The delivery of the process is not tool or system dependant. When the Corporation licenses the Technology or the process, it also provides the clients with a Powerwave or Primawave system to carry out the licensed process. As such the Corporation capitalizes Powerwave and Primawave systems and never sells or other wise transfer ownership of its tools or systems.

 

The Technology operates in different geological conditions, depths, viscosity of fluids, etc.  It should be noted that all tools or systems create the same process, but is optimized to that particular wells / oilfield conditions.

 

Also each tool or system model operates within certain parameters, and thus are used for different operating environments, inclusive of whether or not the well has power to it. Tools or systems are also designed to reduce our clients’ total life cycle cost of implementing the Technology, i.e., some systems are installed by jointed pipe (most expensive), wireline or coiled tubing.

The Technology operates in different geological conditions, depths, viscosity of fluids, etc.  It should be noted that all tools or systems create the same process, but is optimized to that particular wells / oilfield conditions.

 

Also each tool or system model operates within certain parameters, and thus are used for different operating environments, inclusive of whether or not the well has power to it. Tools or systems are also designed to reduce our clients’ total life cycle cost of implementing the Technology, i.e., some systems are installed by jointed pipe (most expensive), wireline or coiled tubing.

Essentially the electrical tool is deployed by jointed pipe, is more controllable but requires electricity to operate.  The electrical system also costs the Corporation to manufacture.  

The Corporation has several mechanical tools that do not require electricity to operate.  Typically the mechanical tools operating parameters are not as easily changed once installed.  As well, the mechanical tools are less expensive for the Corporation to manufacture, and more importantly less expensive for the clients to install as they can be installed by wireline or coil tubing.

 

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