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Tag Archives: San Antonio

UTSA study: a $14.5 billion Permian Basin impact

permian basin

San Antonio — A new study estimates that the oil and gas industry had a $14.5 billion impact last year on the Cline Shale region, east of the traditionally busier drilling area of the Permian Basin. The University of Texas at San Antonio’s Institute for Economic Development looked at a 10-county area and found the industry last year supported 21,450 ...

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EDITORIAL: In Eagle Ford, a thirst for water


SAN ANTONIO — The Eagle Ford boom caught South Texas by surprise five years ago, and ever since we’ve been scrambling to catch up. South Texas roads, overcrowded and made dangerous by heavy truck traffic, are one example of this need to catch up. Equally glaring, and pressing, is water usage. As the Express-News’ Jennifer Hiller recently reported, water usage ...

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Corpus Christi road reconstruction set for spring 2014


CORPUS CHRISTI — Corpus Christi will receive road repair and reconstruction thanks to a $150 million contract from the state. The Texas Transportation Commission awarded a $150 million contract to Austin Bridge & Road and Angel Brothers on Friday for the repair of 27 roads in Corpus Christi, Laredo, San Antonio and Yoakum damaged by heavy trucks and increased traffic. ...

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STEER hands out first Eagle Ford awards


San Antonio — It wasn’t long ago that South Texas in many ways looked like the Mississippi Delta and Appalachia, some of the poorest regions of the country. “That’s how poor South Texas was,” said Henry Cisneros, the former San Antonio mayor who also served as secretary of the U.S. Housing and Urban Development. Cisneros, who spoke Wednesday at the ...

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Looking for a natural gas market in Texas


San Antonio — Texas is awash in natural gas. Now what? So much natural gas has been discovered in U.S. shale fields that prices have dropped, and now it’s a product in search of a market. The Eagle Ford Shale Task Force, a 24-member group formed in 2011, met Wednesday at the offices of the San Antonio Area Foundation to ...

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Abraxas selling some Eagle Ford assets


SAN ANTONIO — Abraxas Petroleum Corp. said Monday that it has reached an agreement to sell its interest in a portion of its Eagle Ford Shale acreage in McMullen County to an undisclosed buyer for $73 million. The deal is subject to closing conditions and will have an effective date of Dec. 1, the company said. The assets in the ...

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Foreigners’ cash seen fueling higher Mexican oil production

Mexican flag

There may be fisticuffs over the form it will take, but there’s consensus among leaders in Mexico that opening oil and gas production to foreign investment is crucial to growing the economy, that nation’s secretary of economy said during a San Antonio visit Thursday. “To me, it’s very clear that the future of Mexican manufacturing depends on the access of ...

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