Wavefront Technology Solutions: Difference between revisions

Revision as of 15:23, 20 December 2022

Revision as of 22:22, 27 December 2022

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{{Advert|date=November 2019}}

{{Infobox company

| name = Wavefront Technology Solutions Inc.

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| equity =

| homepage = [http://www.onthewavefront.com/ www.onthewavefront.com]

}}{{Advert|date=November 2019}}<!-- Deleted image removed: [[Image:Wavefront Heartbeat Moving Gif.gif|right|thumb|280px|Powerwave's fluid pulse expands and contracts porous rock]] -->

'''Wavefront Technology Solutions Inc.''' ({{Tsxv|WEE}}) is a provider of secondary oil recovery and environmental technologies. The company was founded in 1997 as PE-TECH by [[CEO]] Brett Davidson and [[University of Alberta]] professor Tim Spanos.<ref name=Financials>[http://onthewavefront.com/Files/IR/Financials/2007/Audited%20Financial%20Statements.pdf 2007 Annual Audited Financial Statements ]</ref> The company was later changed to Wavefront Technologies and Environmental Services. Wavefront Technology Solutions Inc. and is known for its patented technology that sends pulses through the ground to simulate the effects of the [[aftershock]] of an [[earthquake]] to aid in the recovery of stranded oil.<ref>{{Cite web|url=http://www.cantechletter.com/2010/10/jim-letourneau-on-wavefront-wavefront-technology-solutionstsxvwee/|title = Jim Letourneau on Wavefront Technology Solutions (TSXV:WEE)|date = 23 October 2010}}</ref> These technologies simulate the beating of a heart - when a heart pumps, it sends pulses through the body's [[blood vessels]], causing the network of [[capillaries]] to expand and contract. When a pulse is applied to the ground, it expands and contracts the [[porous]] rock, essentially freeing the trapped oil.<ref name=Shudder>[http://www.albertaventure.com/?p=2828&year=2008 A Shudder in the Oilpatch]</ref> This technology is used for fluid flow optimization having applications in both the environmental and energy sectors. In the environmental sector, the process is marketed as Primawave, while in the energy sector it is marketed as Powerwave.<ref name=Financials/>

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nooks and crannies between the rock and sand.<ref name=Enhanced>[http://fossil.energy.gov/programs/oilgas/eor/ Enhance Oil Recovery]</ref>

Even after all the work is done, around 60% oftheof the oil is left in the ground. With more than 200,000 fields in [[North America]] alone, extracting even as little as 10% more oil would translate to billions of more barrels of oil recovered.<ref name=Shudder/>

=== Primary Oil Recovery Stage ===

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<!-- Deleted image removed: [[Image:Power Pulse Good Vibrations.jpg|right|thumb|150px|Early prototype of the Premier Pulse Tool.]] -->

Using a standard well servicing rig, the PPT would be lowered to a ___location above the good perforations. The tool would then be rad up eight meters and dropped. This was done between 200- and 550 times over eight to 12 hours.<ref name=Nickles/>

This workover and field stimulation technique used steady, non-seismic pulse vibrations to knock out [[perforation]] blockage and create a tsunami-like wave effect that encouraged flow in the reservoir.<ref name=Nickles/>