TSXV:WEE.H - Post by User
Comment by
gojotv!on Jan 20, 2022 10:57am
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Post# 34337371
RE:Kuwait water flood possible
RE:Kuwait water flood possibleWaterflooding is key.
It was the initial application for Wavefront's tools, and, though stims have been a good way to get the product downhole and generate some revenues, waterflooding would be a whole new dimension.
Higher, steadier revenues and increased customer satisfaction as depleting wells come roaring back to life! I expect another year before that kicks in, but it's good to hear that EOR* is back on the table.
GLTA!
(*Enhanced Oil Recovery) AboveBoard wrote: This is very interesting too. From the update.
In Kuwait the Company has been placed on a short list of vendors to supply technology and equipment for a pilot waterflood project to the NOC. While water is injected by the NOC for disposal and reservoir pressure support, active waterflooding in a traditional pattern configuration has not been implemented to date. Waterflooding is a method of secondary oil recovery in which water is injected into the reservoir to mobilize by-passed or stranded oil. The water from dedicated injection wells is meant to "sweep" oil to adjacent production wells. Physical limitations associated with waterflooding such as preferential water channeling or paths of least resistance often leads to inefficient oil recovery. Based on multiple global field results Powerwave-aided waterflooding has shown to improve oil recovery, slow the rate of oil production decline, and stabilize water injection. Waterflooding projects are usually 12 months or longer in duration.