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WHEELING - Reports show the Marcellus Shale natural gas rush sweeping across West Virginia could bring billions of dollars and thousands of new jobs to the state over the next several years.
Now, the state's largest academic institution is looking to help "optimize gas production in the region," as West Virginia University's College of Engineering and Mineral Resources is using data-intensive science in an effort to save time and resources during gas development.
To help fund the research, WVU is receiving a $354,000 grant from the nonprofit Gas Technology Institute.
Growing global demand for energy has producers rushing to unlock deeply buried energy-bearing shale formations and plumb the oceans' depths in increasingly service-intensive endeavours. As a result, oil-field service providers have seen their earnings rebound rapidly from the recession.
"This is a tremendous business to be in right now," said Baker Hughes Chief Operating Officer Martin Craighead. "We just don't see an end," he said, to the growing complexity and service demands of unconventional drilling.
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H&H Supply Inc 38688 Kentucky Avenue, Woodland, CA 95695, USA Tel: (530) 662-7900
Since 1998, H&H Supply has been dedicated to ensuring customers receive the highest quality oilfield products and services. Leveraging over 700 worldwide suppliers, and multiple sales and service centers, H&H supplies customer-focused solutions that best meet the quality, productivity, and environmental requirements of the energy industry.