History

Global Industry Leader

 

Oil. It’s a finite resource that makes the world go around and energy is just the beginning of its power. From contact lenses, antiseptics, paint, tires, telephones, artificial limbs, and upholstery to ballpoint pens, boats, hearing aids, lipstick, footballs, shaving cream, and toys, petroleum literally touches every aspect of our lives. Each day, the expanding economies of the United States, China, India, and other major markets around the globe create an ever-greater demand for oil and its by-products. The US alone consumes more than 20 million barrels per day. Obviously, as demand increases, supply decreases–and the market price goes up. This cause-and-effect scenario leads to tremendous profitability for those enterprising companies that find cost-effective ways to maximize oil recovery. Key to their success is Wavefront’s unique, patented process and technologies.

Traditionally, oil producers always have “picked the low-hanging fruit,” recovering only the easily extracted oil from reservoirs and leaving behind the rest. Driven to provide a better solution to the status quo, Wavefront innovated its powerful, cost-effective Powerwave process and tools. Since their first application in 1998, Wavefront technologies have consistently delivered successful results for optimized oil well stimulation and secondary oil recovery. In some cases, its technology has increased the production of individual wells by greater than 1000%. For oil recovery revitalization projects, it has consistently increased production by 30% or greater. The bottom line is that when adopted market-wide, Powerwave could increase global production and supply by up to billions of barrels and for now, has the potential to help
make “peak oil” a thing of the past.

That said, it is important to keep in mind that this is production from existing fields. What this means for companies that are powered by Wavefront technologies is that they can expect revitalized revenue streams without the costly–and potentially fruitless–new exploration. In fact, since Wavefront maximizes secondary or tertiary recovery, fewer wells may produce the same amount of oil or more. Clearly, Wavefront is the global leader in fluid flow technology.

How does petroleum impact our everyday lives in products and services beyond transportation? Here’s a “short list” of items that wouldn’t be possible without it:

Clothing Cassettes Fishing boots Footballs Lipstick Plywood adhesive Percolators
Ink Motorcycle helmets Candles Paint brushes Ice cube trays Cameras Skis
Heart Valves Pillows Water pipes Balloons Electric blankets Anesthetics Insecticides
Crayons Shower doors Car enamel Fan belts Tennis rackets Artificial turf Fishing lures
Parachutes Shoes Shower curtains Umbrellas Drinking cups Artificial Limbs Perfumes
Telephones Refrigerator linings Credit cards Paint Rollers House paint Bandages Shoe polish
Enamel Electrical tape Aspirin Luggage Rollerskates wheels Dentures Petroleum jelly
Transparent tape Safety glass Golf balls Antifreeze Guitar strings Mops Faucet washers
Antiseptics Awnings Detergents Model cars Ammonia Beach Umbrellas Food preservatives
Vacuum bottles Salad bowls Sunglasses Floor wax Eyeglasses Ballpoint pens Antihistamines
Deodorant Rubber cement Glue Sports car bodies Ice chests Boats Cortisone
Pantyhose Nylon rope Fishing rods Tires Life jackets Nail polish Dyes
Rubbing Alcohol Ice buckets Linoleum Dishwashing liquids TV cabinets Golf bags LP records
Carpets Fertilizers Plastic wood Unbreakable dishes Car battery cases Caulking Solvents
Epoxy paint Hair coloring Soft contact lenses Toothbrushes Insect repellent Tape recorders Roofing
Oil filters Toilet seats Trash bags Toothpaste Refrigerants Curtains And more…
Upholstery Denture adhesive Hand lotion Combs Typewriter ribbons Vitamin capsules
Hearing Aids Loudspeakers Shampoo Tents Cold cream Dashboards
Car sound insulation Movie film Shaving cream Hair curlers Glycerin Putty