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ConocoPhillips Establishes The ConocoPhillips Center For A Sustainable WE²ST At Colorado School Of Mines

Stocks in this article: COP

Colorado School of Mines and ConocoPhillips (NYSE: COP) are pleased to announce the establishment of the ConocoPhillips Center for a Sustainable WE²ST (Water-Energy Education, Science and Technology) at Colorado School of Mines with a leadership investment of $3 million in the university. The center will focus on research and education that promote joint sustainability of unconventional energy production and water resources.

“By establishing this unique center at Colorado School of Mines, ConocoPhillips demonstrates the value it places on educating students about the technical aspects of energy and water resources, and exposing them to the critical sustainability questions that arise around unconventional energy production,” says Mines President Bill Scoggins. “The center will advance our expertise in earth, energy and environment, and further strengthen our longstanding partnership with ConocoPhillips.”

Mines Associate Professor of Civil and Environmental Engineering Terri Hogue will serve as director of the ConocoPhillips Center for a Sustainable WE²ST at Colorado School of Mines. Areas of focus for the center include education; community acceptance, communication and corporate social responsibility research; and integrated water resources assessment research. The research and educational initiatives undertaken at the center will benefit not only unconventional energy producers and water-reliant industrial stakeholders, but also the general public.

“We cannot be a leading Exploration and Production company without also being a great water company,” says Al Hirshberg, executive vice president, Technology & Projects, ConocoPhillips. “The ConocoPhillips Center for a Sustainable WE²ST is an important extension of our existing global efforts around water sustainability.”

ConocoPhillips takes a comprehensive approach and implements action plans to respect water resources and support the company’s sustainable efforts. In 2013, the company’s actions included reducing water use per well for hydraulic fracturing in Eagle Ford by about 45 percent and establishing a Water Solutions group to ensure it has the technology and technical capability to meet future water management goals. In Doha, Qatar, the company’s Global Water Sustainability Center uses state-of-the-art analytical capabilities to advance the science around produced water treatment, seawater desalination and water reuse and recycling. Research is then shared across the company.

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