ABOUT Tellevare
Most of the recent, substantial, growth in US oil and gas production has been due to the technical advancements of horizontal drilling and shale fracturing known collectively as US unconventional development.
To increase production, this development has required greater and greater resources be applied in terms of fuel, sand and fresh water. Our technology allows operators to obtain the same production with less resources (or greater production with the same resources) by utilizing acoustic sources at the surface to affect reservoir conditions at depth. The resulting effect lowers the amount of energy required during hydraulic stimulation to create optimal conditions for more effective completions and better wells.
Strong intellectual property foundation with a broad patent granted, comprehensive modeling completed to mitigate technical risks, a dedicated team established, and initial positive feedback received from industry stakeholders and potential customers.