A two-story research facility built on the Socorro campus of the New Mexico Institute of Mining and Technology may soon be seeing some $10 million in upgrade funding.
The Kelly Petroleum Building, on the north side of the school’s campus, was built in 1978 with an extension added to the structure just over a decade ago.
The building is a part of the larger Petroleum Recovery Research Center at the institute, which is dedicated to the research support of the state’s giant oil and gas industry.
More specifically, the center focuses on improving methods for increased oil and natural gas recovery for oil and gas reservoirs in both New Mexico and elsewhere across the country.
The $10 million will come out of the proposed General Obligation Bond C to be decided by New Mexico voters in November.
That bond, this time around, is asking for $156.3 million to fund a variety of higher education, public school, and native tribal facility construction and upgrading projects.
A nationally recognized program, the Petroleum Recovery Research Center earlier year received a $6.2 million grant from the Department of Energy for its part in creating the Carbon Utilization and Storage Partnership of the Western United States, an effort devoted to advancing carbon capture and utilization.
By Garry Boulard
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