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Texas State Technical College West Texas is hosting the 2013 Southwest Energy Summit on Wednesday, March 20 and Thursday, March 21, 2013. Energy industry employees from across the state will converge on Sweetwater for the two-day summit which includes sessions on oil and natural gas, wind energy, nuclear energy, workforce and regional infrastructure, transportation and Coal.
This is the 5th annual Southwest Energy Summit in the midst of Americaâ€™s energy solutions region â€” with intensive regional activity in oil, natural gas, wind energy, transmission grid expansion, pipeline development, nuclear energy activities, exploration of cutting edge coal technologies and substantial investment in rail and highway transportation networks. The event includes project updates, business networking and industry sponsor exhibits.
Southwest Energy Summit 2013 will feature leaders from several energy sectors to discuss the intensity of energy operations across the Southwest, regional business opportunities for 2013 and beyond and logistical challenges to meet the economic objectives. Southwest Energy Summit is limited to 100 leaders in energy, infrastructure and industry. Attendees to previous Southwest Energy Summits have been from Texas, New Mexico, Oklahoma, Colorado, California, Washington DC, Canada and other areas. Participants include executives, engineers, vendors, construction, marketing teams, attorneys and others across the various energy sectors.
Sweetwater is in the heart of the emerging oil-rich Cline Shale region. Observers have been quoted in the Wall Street Journalâ€™s â€śMarket Watchâ€ť projecting the Cline Shale as â€śthe largest oil play in American historyâ€ť (Nov. 2012) with a possible magnitude of 30 billion barrels oil equivalent. Oil producers estimate the potential for 15 years of drilling and 30 years of production in the multi-county find on the Eastern Shelf of the Permian Basin. BridgeTex pipeline will originate northwest of Sweetwater and move 300,000 barrels of oil per day from Colorado City to Houston on the 400-mile pipeline. Colorado City will also host an oil storage complex for 1.2 million barrels at the pipelineâ€™s Cline Shale origin.
West Texas hosts the worldâ€™s most intensive wind energy operations territory with almost 10,000 megawatts of turbines operating across the vast region and more than one billion dollars of new investment pending for 2013 construction. Texas wind energy set a new record this month by supplying up to 32 percent of the Texas gridâ€™s electricity.
Nuclear activities across West Texas and New Mexico offer state-of-the-art practices and form the basis for nuclear energyâ€™s contribution to American energy independence and global best practices. URENCO USAâ€™s multi-billion dollar uranium enrichment plant on the Texas-New Mexico state line west of Andrews, for example, employs more than 350 full-time workers and employs approximately 700 construction workers and contractors. URENCO USA has been in commercial operation since June 2010.
In the oil and wind center of Sweetwater, the largest local employer is Ludlum Measurements, Inc., with roughly 500 workers engaged in the manufacture of radiation detection equipment.
Roughly $7 billion in transmission grid expansion is occurring across West Texas through the Competitive Renewable Energy Zone (CREZ) initiative to connect wind energy to metro Texas markets, including five of the USAâ€™s 16 most populated cities. The new high voltage lines are scheduled to be completed and energized in 2013, and several of the lines are in the vicinity of the conference site.
Two of the worldâ€™s cutting-edge new coal projects â€” together valued at more than $6 billion â€” are under evaluation for Odessa and Sweetwater. These innovative carbon sequestration projects would produce electricity and manufacture CO2 for use in Permian Basin enhanced oil recovery.
Major new railroad facilities â€” transfer points for huge amounts of energy commodities and components â€” are developing across the region in such communities as Monahans, Snyder and Sweetwater.
For more information, call the Southwest Energy Coalition team at 325-236-9499.