(Sept. 3, 2013) -- Elected leaders, industry representatives and community members will gather at Texas A&M International University-Laredo Sept. 4 to discuss the economic impact of the Eagle Ford Shale's oil and gas play on South Texas. State Senator Judith Zaffirini (D-Laredo), South Texas Energy and Economic Roundtable (STEER) and Texas A&M International University-Laredo are partnering with UTSA to offer the free forum.
Zaffirini will discuss the activity of the Eagle Ford Shale Legislative Caucus and current legislation impacting the South Texas region. Additionally, Thomas Tunstall, research director of the UTSA Institute for Economic Development, will present the findings of the UTSA Economic Impact of the Eagle Ford Shale study, which was published in March 2013.
Additionally, the Laredo forum will feature Omar Garcia, president and CEO of STEER; Ray Keck, president of Texas A&M International University-Laredo; Mercurio Martinez Jr., director of the Texas A&M-Laredo Small Business Development Center; and panelists from the Eagle Ford Shale Consortium.
Development of oil and natural gas in the Eagle Ford Shale added more than $61 billion in total economic impact during 2012, according to UTSA. Additionally, the region supported 116,000 full-time jobs for workers in oil and gas, drilling, support operations, pipeline construction, refineries and petrochemicals.
Highlights of UTSA's Eagle Ford Shale economic impact study also concluded that shale development:
"During 2012, the economic impact of shale related development spanned a wide range of activities including rail infrastructure, operational support hubs, pipeline construction and new manufacturing, refining and processing facilities," said Tunstall.
UTSA scholars examined the region's 14 oil and natural gas-producing counties (Atascosa, Bee, DeWitt, Dimmit, Frio, Gonzales, Karnes, La Salle, Live Oak, Maverick, McMullen, Webb, Wilson and Zavala) and the six surrounding counties that serve as staging areas for the oil and gas play. The latter include Bexar and Uvalde counties as well as Victoria, Jim Wells, Nueces and San Patricio counties. The supporting counties have seen significant employment growth.
The Center for Community and Business Research in the UTSA Institute for Economic Development conducts primary research on community and business development in South Texas and the border region. In addition to the study released today, the center has published Economic Impact of the Eagle Ford Shale (May 2012), Strategic Housing Analysis (July 2012), in partnership with the UTSA College of Architecture and UTSA Center for Urban and Regional Planning Research), Eagle Ford Shale Impact for Counties with Active Drilling (October 2012) and its Workforce Analysis for the Eagle Ford Shale (October 2012).
The Eagle Ford Shale is a 50 mile-wide by 400 mile-long formation that runs from the southern portion of Texas to the east. The formation produces natural gas, condensate, oil, and natural gas liquids with margins more favorable than other shale plays.
The UTSA community welcomes students to their on-campus home! Laurel Village, Chaparral Village and Alvarez Hall are home for 2,300 students during the academic year, and Move-In event kicks off the start of Roadrunner Days.
Laurel Village, Chaparral Village, Alvarez Hall, Main Campus
The College of Engineering hosts this seminar featuring Jeff Adams, Southwest Zone Quality Manager, Siemens Building Technologies Division. The event is free and open to the public.
Engineering Building (EB 3.04.30), Main Campus
This is a terrific opportunity for incoming transfer students to network with staff that serve our veteran, non-traditional, and transferring students, as well as meet transfer peer mentors who can help answer questions about UTSA.
Main Building ground floor lobby, Main Campus
After a day full of moving and getting settled into their new UTSA home, students and their families can have some refreshments and snacks at the Welcome Back Reception. The event tops off with the premiere performance of the Spirit of San Antonio, UTSA's Marching Band.
University Center Paseo, Main Campus
Can you survive the library wilderness? As a part of Roadrunner Days, UTSA Libraries is hosting a mobile adventure for you to play and find out more about the library!
John Peace Library, 2nd floor, Main Campus
Come meet your UTSA Volleyball Team as they gear up for the 2017 season! The game begins at 5 p.m. then the team will hold an autograph and photo session after the game.
Convocation Center, Main Campus
This engaging discussion pulls back the covers on hooking up, clarifying when it’s actually sexual violence and how bystanders can protect potential victims from predators.
University Center, Retama Auditorium (UC 2.02.02), Main Campus
Late Night at the Rec is an awesome UTSA tradition that transforms a standard information session into an exciting night of fun. At this annual event, you’ll be able to learn about our facilities, recreation programs, and wellness services offered at Main and Downtown Campuses.
Recreation and Wellness Center, Main Campus
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