ExxonMobil donates $2.5M to UW for energy research

Published on NewsOK Modified: February 7, 2013 at 6:09 pm •  Published: February 7, 2013

ExxonMobil's operations in Wyoming include the Shute Creek gas plant outside LaBarge. The plant extracts much of the nation's helium supply from nearby gas wells. The wells also produce large amounts of carbon dioxide that help recharge depleted oil wells in central Wyoming.

The announcement comes three weeks after Hess Corp. announced a $4.4 million gift to the university for research into oil and gas extraction. That donation will help fund equipment to examine rocks at extreme magnification to help understand how oil and gas flows through those rocks.

The petroleum industry has donated a total of $10.9 million to the university in recent months. Other donors have included Baker-Hughes, $500,000; Shell, $500,000; Marathon, $1 million; and Ultra, $2 million, according to Ben Blalock, president of the UW Foundation.

The recent fundraising also will help to build an energy engineering research facility. More fundraising will follow, he said, to meet a goal of $15 million from corporate donors.

"I assure you, we don't sleep on the job as far as this is concerned," he said.

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