Wavefront Adds 10-Well Powerwave Stimulation Campaign in India

Wavefront Technology Solutions Inc (TSXV:WEE), a leader in advancement of dynamic fluid injection technology for oil and gas well stimulation announced the company through its local distributor has expanded its global reach with the award of an initial 10-well Powerwave well stimulation campaign in India.

As quoted in the press release:

The 10-well campaign consists of Powerwave-driven acid stimulations on various well types and in certain cases, complex well completions where Powerwave has not been previously utilized. The stimulation campaign has an approximate value of US $258,000. To date three wells have been chosen for stimulation and Powerwave modeling and operational programming has been completed. The timing of the additional well stimulations will soon be set and the initial work is anticipated to commence within 60 days.

“The global well stimulation market is a multi-billion dollar¹ per year business and Wavefront is quickly becoming internationally recognized for its leading edge Powerwave custom stimulation approach to optimized fluid placement,” said Wavefront President and CEO, Brett Davidson. “We are very pleased to add this new client to our growing roster of satisfied customers and are also pleased they have expressed great confidence in Powerwave to address the challenging reservoir conditions they incur.”

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