Permian Energy Development Lab unveiled
A pump jack and a Yellowjacket Oilfield Services fracking rig sit next to Highway 191 in Midland County.
Source: Odessa American
Introduced Thursday in a UT Energy Week panel discussion at the University of Texas in Austin, an initiative called the Permian Energy Development Lab will address a broad scope of concerns including the capture of carbon and its beneficial re-use and the management of methane and emissions.
A memorandum of understanding was announced Thursday among seven Texas and New Mexico colleges and universities and three national laboratories with spokesman Brett Holmes saying the laboratory and field research will start in November.
“In the short to mid-term, the Permian Energy Development Lab’s business model will work exclusively through the Internet and be solely focused on the Permian Basin,” Holmes said Tuesday. “All fieldwork will take place in the Permian and any future physical facilities related to the PEDL will be located in the Permian.
