Baker
Hughes, a Houston-based oilfield service company, has announced a $1 million grant to the University of
Wyoming to support research on unconventional oil and gas
reservoirs in Wyoming. The grant reportedly will be matched dollar for dollar
by the state.
Baker Hughes has previously partnered with my alma mater on
energy research and donated toward the construction of a laboratory
facility to serve the University of Wyoming's energy,
engineering and geology departments in the past. The newest grant funding is scheduled to be used
to study the physics of oil and gas in porous media.
The vice president of technology at Baker Hughes reportedly said, "donating to
universities like UW is an investment that creates value within the
energy industry and encourages innovation – especially during
an economic downturn...every innovation I've seen in my 25
years in the industry happens during a downturn."
