Wavefront Technology Solutions Inc V.WEE.H

Alternate Symbol(s): WFTSF

Energy Oil & Gas Equipment & Services

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.

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Wavefront Technology Solutions Inc

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Post by Outlet_Beachon May 08, 2013 12:49pm

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Post# 21355116

Chicontepec

https://en.wikipedia.org/wiki/Chicontepec_Formation

In March 2006, Mexican President Vicente Fox announced that Pemex would invest US$37.5 billion over the next 20 years on the oil fields of Chicontepec. It was hoped that this will boost output to 1 million barrels per day (160×10^³ m³/d). Pemex's chief executive estimates that 20,000 wells are to be drilled in order to exploit this field.

Intensive drilling has taken place in Chicontepec in recent years, starting with a contract for 500 new wells offered in December 2008.^[6] However, results in terms of output have been disappointing, with the field still yielding a modest 68,000 barrels per day (10,800 m³/d) in May 2012.^[7]