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