Powerwave Approved as a Well Stimulation Technology in Kuwait

Source: www.gulfoilandgas.com 5/11/2016, Location: Middle East

Wavefront Technology Solutions Inc. is a technology provider offering fluid delivery processes to oil and gas producers that are widely effective methods for maximizing reserves in Improved/Enhanced Oil Recovery ("IOR/EOR") as well as increasing single well productivity through more effective well stimulation. The Company is very pleased to announce that Powerwave has been approved as a well stimulation technology in the State of Kuwait.

"The approval of Powerwave as a proven stimulation technique represents another significant development in the commercialization of Powerwave in the Middle East. We are very confident Powerwave will continue to bring both superior results and considerable cost savings versus established injection approaches leading to wide spread use," said Wavefront President and CEO Brett Davidson.

"Although there remain challenges ahead prior to commercial-scale market penetration in the State of Kuwait, Management is very optimistic of establishing Powerwave as a technology of choice in a region less susceptible to oil price volatility", said Davidson.


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Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


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