Four months after the inaugural Permian Basin Water in Energy Conference, the University of Texas of the Permian Basin is still reaping the benefits. The PBWIEC Advisory Board has gifted the University with a very generous $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: to connect business leaders, policymakers, researchers and academic leaders to discuss best-practices and find solutions that support water usage in the energy industry. 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.
The 2nd annual Permian Basin Water in Energy Conference is scheduled for February 19th – 22nd 2019 at the Horseshoe Complex in Midland. Sponsorships and discounted early registration will be available by July 31st. Capacity for the conference has been increased to 700 attendees for 2019.