Wavefront Technology Solutions Inc., the American provider of fluid injection technology for oil and gas well stimulation and Improved/Enhanced Oil (IOR/EOR) recovery has claimed a boost in its reputation in Kuwait by virtue of the customer satisfaction its flagship Powerwave brand has earned in the Gulf state.
Through its strategic marketing partner, Gulf Drilling and Maintenance Company (GDMC), Wavefront continues to build the Powerwave brand in Kuwait, Wavefront mentions in a statement received by arabianoilandgas.com.
Over the past several months GDMC has been carrying out very successful Powerwave well stimulation operations in challenging reservoir conditions that have garnered attention by engineers at the state owned national oil company.
In certain instances these stimulations followed failed attempts by leading global service providers to stimulate the reservoir and improve oil production or water injection rates. Powerwave is also being promoted internally at the national oil company by “technology champions” who are organising seminars and disseminating results through poster boards.
“Powerwave has provided impressive results to our client and the positive feedback we have received and heighted interest we are experiencing with respect to the fluid injection technology leads GDMC to believe that Powerwave will shortly become the reservoir stimulation method of choice in Kuwait,” Mohammad Ali Al-Shatti, operations manager of GDMC, was quoted as saying in the press release.
“We anticipate that increased Powerwave activity will also lead to an increase in market share for GDMC thus further revenue generating opportunity for both GDMC and Wavefront,” Al-Shatti said.
“Powerwave was approved as a stimulation technology by the national oil company in Kuwait just over one year ago and GDMC has now moved to a full commercial phase,” Wavefront’s president and CEO Brett Davidson, was quoted as saying. “With GDMC already having a market share in excess of twenty percent Wavefront anticipates that Powerwave will be used in twenty percent or more of acid well stimulations in Kuwait.”
