qWave granted 3 mill NOK funding from Ulla-Førrefondet
qWave has developed and successfully tested new methods to perform a stress test of rock formations in wellbores. It will enable operators to better understand the stress in rock formations related to well operations, such as carbon storage. We are very pleased that Ulla-Førrefondet has decided to grant qWave almost 3 mill NOK to enable …
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Readiness for the offshore field test
In the period March 24th-29th qWave performed several successful test operations at the NORCE Ullrigg Test Centre in Stavanger, Norway. An important objective was to test the prototype tool in as near as possible well conditions to be expected during the planned offshore field test. To test the qWave patented acoustic shockwave technology in these …
Core business
The core technology / technique invented by qWave uses high potential electrical charge to create focused ultrasonic shockwaves, like Lithotripsy used in Medical Industry for breaking kidney stones. qWave is in the process of developing a range of tools and services using the technology for In-situ stress testing, clean perforations, well stimulation and cleaning of oil & gas wells.
