Title:
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Approves a contract with PetroPro Engineering, Inc. for $3.6 million through 10-31-21 for the management and operation of seventy-five (75) oil and gas wells on airport property. The scope of services include optimization of production, monitoring revenue, cost control, well maintenance, oversight of third-party contract services, environmental compliance, regulatory reporting, and the provision of advisory support for economic evaluations, forecasting, operating, and capital budgets (201524898). (BUSINESS, ARTS, WORKFORCE, and AERONAUTICAL SERVICES) Approves a contract with PetroPro Engineering, Inc. for $3.6 million through 10-31-21 for the management and operation of seventy-five (75) oil and gas wells on airport property. The scope of services include optimization of production, monitoring revenue, cost control, well maintenance, oversight of third-party contract services, environmental compliance, regulatory reporting, and the provision of advisory support for economic evaluations...
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