Wavefront, a world leader in fluid injection technology for improved/enhanced oil recovery and groundwater restoration, announced that a Calgary-based, oil and gas producer will apply Powerwave in a commercial project located in Saskatchewan.
Wavefront President and CEO Brett Davidson stated, "Fractured oil reservoirs represent a challenging environment for secondary oil recovery as it is very difficult to mobilize oil not contained within the fracture network. As a result, oil recovery factors for fractured reservoirs remain extremely low. To increase recovery factor and heighten field economics Powerwave is being applied to mobilize oil stranded in the non-fractured volume of the rock. With the large number of fractured oil reservoirs throughout the globe this is a pinnacle opportunity for Wavefront as the anticipated positive results will broaden the current target market for Powerwave."
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