MIDLAND, Texas — As the organization's first non-industry members, Texas Tech University and University of Texas make history in joining the Permian Strategic Partnership (PSP).
“The University of Texas and Texas Tech University systems joining the Permian Strategic Partnership is a watershed moment for not only our organization but for the entire Permian Basin,” Former U.S. Secretary of Commerce Donald Evans, chairman of the PSP, said in a press release. “With two of the premier university systems in Texas – and the country – joining our ranks, education and economic opportunity will grow exponentially for thousands across the Basin. I would like to thank the UT System and TTU System’s boards of regents, including Chancellor Milliken and Chancellor Mitchell, for their support, leadership and commitment to the Permian Strategic Partnership and expanding educational and healthcare access across the Permian Basin.”
TTU and UT will bring academic resources and expertise to the coalition.
The two universities join a roster of 22, which are some of the top oil and gas industries dedicated to developing resources in the Permian Basin and to improving quality of life.
The PSP has committed over $145 million in member company contributions. That money has been leveraged into over $1 billion in collective investments across the Permian Basin for impacting education, healthcare, workforce development and road safety.
“The Permian Basin is paramount to the continued prosperity of our state and offers an incredible opportunity to advance education and health care in Texas,” Chancellor of the TTU System Tedd L. Mitchell, M.D., said in a press release. “The recent growth fostered by local leaders and the PSP has been phenomenal in boosting academic access and infrastructure in the region, specifically at the Midland and Odessa campuses for Texas Tech University Health Sciences Center. The TTU System is proud to have been a longstanding partner of the Permian Basin for more than 50 years and will continue to support this vital region as a member of the PSP.”