Rich Haut is currently developing new greener methods of oil extraction to reduce the environmental impact drilling for oil has. Haut is working with a range of people from academia, industry, environmental groups, government agencies and government laboratories to address environmental concerns and investigate new technologies that could see more environmentally friendly oil companies across the board.
As rigzone reports:
"In November 2010, we applied for our next round of funding from RPSEA and are currently in contract negotiations for this effort – The EFD Technology Integration Program (EFD-TIP) that will focus on field testing of technologies."
Haut said the group expects to initiate the EFD-TIP in January 2012 along with the Coastal Impacts Technology Program (CITP) that focuses on work force development, water issues and technologies to reduce the environmental tradeoffs associated with oil and gas activities along the Texas Gulf Coast.
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