By Dallas Business Journal

Southern Methodist University researchers will serve as part of a new project Governor Rick Perry launched on Tuesday to develop technologies that will create safer off-shore drilling environments in the Gulf of Mexico.

Perry is launching the Gulf Project to ensure Texas academics, engineers, environmental scientists and private sector researchers are ready to respond to any type of oil disaster that could happen off the coast of Texas.

Southern Methodist University will contribute brain power to the initiative, alongside the University of Texas, Texas A&M University, the University of Houston, Rice University and Texas Tech University. One of the group's main goals will be to find a way to test full drilling systems to ensure systems are operating safely in deep waters off the coast, Perryâ¿¿s office said.

⿿To keep our status as the energy capital of the nation and preserve our environment, jobs and economy, Texas must become the world leader in developing the next generation in offshore oil exploration safety and response,⿝ Gov. Perry said. ⿿The Gulf Project is an unprecedented collaboration of the state⿿s top scientists, engineers and researchers, focused on protecting our residents, environment and economy, and solving the unique challenges presented by the next generation of domestic energy exploration and production.⿝

Texasâ¿¿ energy industry supplies 20 percent of the nationâ¿¿s oil production and employs up to 300,000 Texans, creating $35 billion in wages, Perryâ¿¿s office said.

Copyright 2010 American City Business Journals

http://dallas.bizjournals.com/dallas/stories/2010/07/05/daily9.html?ana=thestreet

Copyright bizjournals.com 2010

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