(Nov. 4, 2013) -- Elected leaders, industry representatives and members of the community will gather at Sul Ross State University (SRSU) on Nov. 18 to discuss the economic impact of the Eagle Ford Shale oil and gas play on South Texas. South Texas Energy and Economic Roundtable (STEER) and Sul Ross State University-Rio Grande College are partnering with UTSA to offer the free forum.
Elizabeth Pena, director of the SRSU-Rio Grande College Small Business Development Center (SBDC) and Paul Sorrels, associate provost and dean of SRSU-Rio Grande College, will offer welcoming remarks at the forum. Additionally, state Senator Carlos Uresti (D-San Antonio) and Texas Representative Poncho Nevarez (D-Eagle Pass) will offer keynote addresses. Thomas Tunstall, research director of the UTSA Institute for Economic Development, will present the findings of UTSA's Economic Impact of the Eagle Ford Shale, published earlier this year.
Additionally, the Laredo forum will feature a panel including Eagle Ford Shale Consortium chair Leodoro Martinez, Eagle Pass Mayor Ramsey Cantu, Eagle Pass City Manager Gloria Barrientos, Maverick County Development Corp. Director Raul Perez and UTSA's Tunstall. Omar Garcia, president and CEO of STEER, will moderate the panel.
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. These 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.
UTSA researchers are exploring matter at the atomic level with Helenita. It's one of the most powerful microscopes in the world, with the ability to operate near the theoretical limit of resolution. At 9 feet, 2 inches tall and weighing more than two tons, Helenita can dissect almost anything. With Helenita's resolution, researchers can study particles atom by atom to see how they behave.
That's critical in developing nanotechnology that will help diagnosis early-stage breast cancer or make helmets that are uber strong. Moreover, the detail that Helenita provides will allow nanotechnology researchers to create new therapies and treatments to fight a wide range of human diseases.
Did you know? Helenita can magnify a sample 20 million times its size, which would make a strand of human hair the size of San Antonio.
Join AIA San Antonio’s Women in Architecture group for their networking and happy hour event, where all design professionals are welcome.
Liberty Bar, 1111 S. Alamo St.
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Tobin Center for the Performing Arts, 100 Auditorium Circle
Discover resources and strategies for teaching Tejano history and culture and get a special educator's tour of the new long-term exhibit, Los Tejanos.
Institute of Texan Cultures, 801 E. César E. Chávez Blvd.
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The UTSA Alumni Association hosts this annual gala honoring the Alumna of the Year, Alumnus of the Year and the Alumnus of the Year Lifetime Achievement award winners.
Hyatt Regency Hill Country Resort & Spa, 9800 Hyatt Resort Dr.
After graduation, Queretaro native founded a music label recognized by SXSW
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