The Permian Basin Water in Energy Conference Advisory Board has gifted the University of Texas of the Permian Basin with a $10,000 scholarship, creating opportunities for more students to pursue their dream of higher education.
The PBWIEC, which was co-sponsored by UT Permian Basin and the advisory board, featured experts from across the country representing all aspects of the oil and gas industry.
The goal was to connect business leaders, policymakers, researchers and academic leaders to discuss best-practices and find solutions that support water usage in the energy industry, a news release from the university said. More than 450 people converged in Midland and Odessa to participate in this sold-out conference.
“With the horizontal wells, each well uses a minimum of a million barrels of water. We’re in the middle of a desert. I don’t want us to stop the drilling activity, but we’ve got to recognize our usage, and try to identify ways to overcome that. And that concern was really the nucleus, the reason why we pulled this water conference together,” Jim Woodcock, a member of the PBWIEC Advisory Board said in the release.
The second annual Permian Basin Water in Energy Conference is scheduled for Feb. 19 through Feb. 22, 2019, at the Horseshoe Complex in Midland.
Sponsorships and discounted early registration will be available by July 31. Capacity for the conference has been increased to 700 attendees for 2019.