WH: New collaboration between Cockrell School of Engineering and Kay Bailey Hutchison Energy Center propels University commitment to energy research The Cockrell School of Engineering joined the Kay Bailey Hutchison Energy Center to expand the curriculum and resources offered to students while enhancing UT’s effort to tackle the issue of energy security. Founded in 2014,.
The CEO of EQT Corporation, Toby Rice, spoke at a recent University of Texas symposium hosted at the Kay Bailey Hutchison Energy Center. EQT is the U.S.'s number one natural gas producer, with current production hovering around 5.5 Bcf/d. Among Rice's comments and predictions: The world is “still one event away” from another energy event.
Oil and gas investment dropouts have been missing out on cashflow generation that’s “off the charts,” said Michael Cembalest, chairman of market and investment strategy for J.P. Morgan Asset Management.
Tim Leach, former head of Concho Resources, said the industry’s drive for innovation means “somebody's using a technique that no one's ever tried before” that will improve oil recovery rates.
With ecosystem maxed out, surplus supply and infrastructure capacity are needed to respond to the next “event,” EQT Corp. president and CEO Toby Rice said.