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The University of Wyoming announced today (April 4) $2.5 million in funding from Alchemy Sciences Inc. that will support research on enhanced oil recovery and production.
“Alchemy Sciences is delighted to embark on a long-term partnership with this elite energy research university to engineer game-changing advances in the recovery of unconventional and conventional hydrocarbon resources,” says Jacob Thomas, CEO of Alchemy Sciences Inc.
“Through Alchemy and with the University of Wyoming, Melior is looking forward to rapidly delivering novel solutions that will have a substantial impact on the oil and gas industry,” says Mark Land, founder and CEO of Melior Innovations, which created Alchemy Sciences Inc.
“Today’s gift from Alchemy Sciences is a shot in the arm for advanced research at the University of Wyoming,” says Gov. Matt Mead. “The College of Engineering and School of Energy Resources at UW are hubs for innovations and for research not being done anywhere else. I thank Alchemy Sciences for its generous support of the important work taking place at our university.”
The funding supports the work of the School of Energy Resources Center of Innovation for Flow in Porous Media, as well as a chair in the UW Department of Petroleum Engineering. This support will leverage additional funding from the College of Engineering and Applied Science and the state of Wyoming.
Jonah Energy LLC recently awarded the University of Wyoming, School of Energy Resources Air Quality Center of Excellence, a gift of $100,000 to support the continuation of the center's work regarding emissions from oil and gas exploration and production activities.
The gift is intend to support research that strengthens the accuracy of engineering calculations of emissions by ground truth with a variety of measurement platforms, including a dedicated mobile laboratory.