Wavefront Completes 2nd Single Well Stimulation for Pemex Well

Wavefront announced that the second of five Powerwave single well stimulations planned for the Samaria Luna asset has been completed. The objective of a single well stimulation is to re-establish oil production beyond current rates. Oil production results for the initial two Powerwave stimulations showed increased benefit over conventional approaches. Pemex has asked that exact results of the stimulation work not be released until Wavefront completes the entire stimulation program.

"Wavefront continues to make progress in executing on the Pemex non-binding Letter of Intent announced October 27, 2009," said Wavefront President and CEO Brett Davidson. "Pemex is a very attractive opportunity for Wavefront and we are actively screening the vast number of wells that are presented for stimulation across various assets. For waterflood applications, Wavefront is also working to identify the best targets for Powerwave deployment."

 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
WCS General Field Specialist
Expertise: Refinery Specialist
Location: El Reno
 
Logistics Coordinator
Expertise: Logistics Management|Materials Management |Supply Chain Management
Location: Weston, WV
 
Adv Production Engineer Job
Expertise: Field Comm / SCADA|Production Engineering
Location: Oklahoma City, OK
 
search for more jobs

Brent Crude Oil : $51.33/BBL 1.14%
Light Crude Oil : $48.37/BBL 1.34%
Natural Gas : $3.1/MMBtu 1.63%
Updated in last 24 hours