Tuesday, September 01, 2015

UTSA to discuss economic impact of Eagle Ford Shale Nov. 18 in Eagle Pass

Eagle Ford Shale from space

View from space of Eagle Ford Shale in South Texas
(Photo by NASA)

Share this Story

(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:

  • generated $61 billion and 116,000 jobs for the 20-county region in 2012;
  • will generate $89 billion and 127,000 jobs for the 20-county region in 2022;
  • added more than $1 billion in total local government revenue in 2012;
  • provided $1.2 billion in estimated State revenue in 2012.

"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.

 

 

Did You Know?

Football standouts make Roadrunner history

For Ashaad Mabry and Triston Wade, football is not just a passing fancy. Both players were part of the UTSA football program almost from the beginning. When UTSA opens the 2015 season Thursday at Arizona, it will be the first time the Roadrunners take the field without them. But Mabry and Wade will still be playing football; their uniforms will just be a different color.

Mabry, a defensive tackle from San Antonio's MacArthur High School, was an honorable mention All-Conference USA selection his final two seasons as a Roadrunner and second among the team's defensive linemen with 49 tackles last year. Wade, a defensive back from Tyler, was the most decorated player in school history. He was a semifinalist for the 2014 Jim Thorpe Award – for the nation's top defensive back – a three-time all-conference honoree and two-year team captain who set a school record of 293 tackles in his career. Both men had outstanding college careers that allowed them to make UTSA history.

Did you know? Mabry and Wade both agreed to terms as undrafted free agents with the New Orleans Saints and Seattle Seahawks, respectively, becoming the first UTSA players to move to the professional ranks.

Read More »
Events
Sept. 7, All Day

Labor Day Holiday

All campuses will be closed for the Labor Day holiday.
All Campuses

Sept. 9, 5:30 p.m.

Architecture Connects

The UTSA College of Architecture, Construction and Planning’s 2015-16 Speaker Series begins Sept. 9 with Toshiko Mori, the Robert P. Hubbard Professor in the Practice of Architecture at the Harvard University Graduate School of Design and principal of Manhattan-based Toshiko Mori Architect.
Buena Vista Building Aula Canaria (BV 1.328), Downtown Campus

Sept. 12, 11 a.m.

UTSA Football vs. Kansas State

Cheer on the UTSA Roadrunners at their home-opener against the Kansas State Wildcats.
Alamodome, 100 Montana St.

Sept. 15, 5:30 - 7 p.m.

Changing the Conversation: Recovery Works!

As part of National Recovery Month, a panel of substance abuse practitioners and members of the recovery community will discuss issues related to substance abuse treatment and recovery.
Durango Building 1.124 (DB 1.124), Downtown Campus

Sept. 24, 6 p.m.

The Power of Story in the Landscape of Memory and Identity

The UTSA College of Education and Human Development will host award-winning children’s author and illustrator Yuyi Morales. Morales will share personal stories that have influenced her work as an author and illustrator.
Buena Vista Building Aula Canaria (BV 1.328), Downtown Campus


Other Calendars
» UTSA Events | » Academic | » Institute of Texan Cultures

Submit an Event


Meet a Roadrunner

Mairin Derk exits the stage for academic life at UTSA

Love of theater, history leads Lee grad to pursue anthropology degree

UTSA's Mission

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.

UTSA's Vision

To be a premier public research university, providing access to educational excellence and preparing citizen leaders for the global environment.

UTSA's Core Values

We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered.

Connect with UTSA News

       


Related Links

Back to Top

2015 © The University of Texas at San Antonio  |  Produced by University Communications and Marketing