(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 Interactive Technology Experience Center camps are for curious youth who are interested in STEM and related topics. This week, campers will study environmental science, robotics and computer science.
UTSA Main Campus
The Curtis Vaughan Observatory at UTSA will be having open stargazing every Wednesday night during the month. This event is free and open to the public.
Curtis Vaughan Observatory, UTSA Main Campus
In four sessions of this weeklong day camp for 9 to 13-year-olds, campers will participate in indoor and outdoor activities while exploring ancient technologies from around the world and the new technologies archaeologists are using to discover them.
UTSA Center for Archaeological Research, Main Campus
Roadrunner readers dive into exciting topics during this literary adventure summer camp geared toward 6-10-year-olds, occurring Monday through Thursday for two weeks.
Buena Vista Building 3.350, Downtown Campus
Experience a very different summer camp! The UTSA East Asia Institute is teaching kids Japanese through language, culture, art, crafts, music, cooking and more. For kids age 6-12. For more details, email email@example.com.
Main Building (MB 1.126), Main Campus
7 to 12 year-olds will explore Mayan Culture in a three-day sessions, concluding at the Witte museum, where campers will have the chance to see the new "Maya: Hidden Worlds Revealed" exhibit.
UTSA Center for Archaeological Research, Main Campus
The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. As an institution of access and excellence, UTSA embraces multicultural traditions and serves as a center for intellectual and creative resources as well as a catalyst for socioeconomic development and the commercialization of intellectual property - for Texas, the nation and the world.
To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.
We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.