Wavefront Technology Solutions Inc., the leader in fluid injection optimization for improved performance and profitability in the oil and environmental sectors, announces that Weatherford, under contract from Pemex, has successfully completed an initial four of six planned Powerwave stimulations at the Pemex operated Chicontepec field in Mexico.

 

A single well stimulation, or work-over, is a remedial operation performed on a producing well to restore or enhance productivity. In many instances a chemical is pumped into the well to stimulate a producing interval. During this operation the importance of placing the chemical efficiently is critical to success.

 

Powerwave enables this targeted placement and has repeatedly generated significant results in well stimulations in Canada and the United States. A single well stimulation using Powerwave can generally be completed in one day compared to flooding operations (i.e. waterflooding) that can take much more than a decade.

 

“Powerwave’s growing track record of success in optimizing waterfloods, miscible CO2 floods, or chemically-aided floods in all types of reservoirs has demonstrated the potential for this technology to add billions of barrels of oil to the world’s recoverable reserves,” said Brett Davidson, Wavefront president and chief executive officer.

 

Well stimulation is a multi-billion dollar per year global business and Wavefront has a strategic focus in this area from drilling operations to remedial stimulation procedures. During the period March 1 to June 15 Wavefront conducted 179 single well stimulations in Canada and the United States.

 

“Oil production at Chicontepec is exceptionally challenging and complicated by low reservoir recovery rates. With the wells at Chicontepec being exceedingly difficult to stimulate, Weatherford and Pemex looked to Powerwave, as a proven stimulation technique that provides deep penetration of the stimulation fluids allowing for greater post stimulation production rates,” said Davidson.