Eagle Ford Consortium 2015

Eagle Ford Consortium 2015
Eagle Ford Consortium 2015

The fourth annual Eagle Ford Consortium, scheduled for May 27-29 in San Antonio, will address issues that affect Eagle Ford Shale counties.

New on the conference agenda is a pre-conference program on Mexican energy reform. Speakers will look at how border counties will be impacted by the new Mexican energy reform laws and how small and medium businesses can tap into the opportunities and be connected to the reforms.

Related: Eagle Ford Gas Headed to Mexico

Related: More Pipelines Cross Texas-Mexico Border

Keynote speakers for the conference will include Texas Railroad Commission Chair Christi Craddick and Texas Workforce Commission Chairman Andres Alcantari. Topics include:

  • An Optimistic View of the Economy
  • State of the Workforce in the Eagle Ford Shale
  • Regional Coordination of Emergency Responses Resources
  • Roads & Road Safety
  • Environmental
  • Workforce & Education
  • Applying Current Technology in the Oil & Gas Industry
  • Economic Development & Creative Financing

Eagle Ford Consortium Chairman Leodoro Martinez told the San Antonio Business Journal that once shale oil opens up for foreign investment later this year, midstream companies in Texas will have lucrative business opportunities to build up Mexico's infrastructure. 

What it does for our shale area, is that it opens up a lot of activity for our border communities such as Eagle Pass, Del Rio and Laredo.

 

The Eagle Ford Consortium addresses issues that are the result of the economic impact of the oil and gas exploration that is taking place within the Eagle Ford Shale. For more information about membership or to register for the conference, go to eaglefordconsortium.org

Port of Corpus Christi Booms on the Back of Eagle Ford Growth

Oil Tanker Leaving Port of Corpus Christi
Oil Tanker Leaving Port of Corpus Christi

We spent part of the week at the Fall Eagle Ford Consortium Conference and were able to attend a tour of the Port of Corpus Christi. In the past, oil was arriving on a regular basis, but Eagle Ford exports to other parts of the U.S. are outpacing imports for the first time. The Port is booming.

More than $3.8 billion in projects are under construction and another $10.7 billion are in some phase of permitting at the Port. The largest project being considered is a $10 billion natural gas liquefaction plant that has been proposed by Cheniere Energy.

We would get excited about $10 million projects in the past and now we have $10 billion projects proposed
— John LaRue of the Port of Corpus
Frac Sand Super Sacks
Frac Sand Super Sacks

The Cheniere site was formerly a proposed regasification site, but the need to import gas has been minimized by the abundance of shale gas in the U.S. If construction of the export terminal goes forward, as much as 2 bcf/d could be exported from the site.

While the LNG export facility is the biggest project, construction has yet to start and all of the activity seen around the area is related to other projects. A few of the largest projects include:

  • Nueces River Rail Yard - $46 million
  • M&G PET Resin Plant - Resin used in plastic packaging - $900 million
  • Trafigura Crude Oil Terminal - $500 million
  • Tianjin Pipe Corp - Seamless Pipe Plant - $1.3 billion
  • Oxy's Ingleside Energy Center - LPG Export - $1 billion

Other Takeaways from the Eagle Ford Consortium Conference

  • Federal funding is needed to help deepen the port to 52 ft
  • Math problem means funding hasn't caught up to Eagle Ford roads and some will be converted to gravel until oil and gas development subsides
  • Harbor Bridge in Corpus Christi will have a $800 million price tag
  • CNG is becoming more popular with transit authorities
  • One company using LNG in its oilfield service trucks expects a pay out in less than two years

Watch for more information in the coming months related to the Annual Eagle Ford Consortium Conference that is held in San Antonio in the spring of each year.

Eagle Ford Consortium Fall Conference Kicks Off in Corpus Christi

The Eagle Ford Consortium's fall conference kicked off yesterday with a tour of the Port of Corpus Christi and continues through Wednesday. The consortium brings businesses and local communities together to ensure both are prepared for future growth.

Conference speakers will address various issues including CNG, education, foreign investment, health care, and current industry developments.

Eagle Ford Shale Consortium Conference 2013

Eagle Ford Consortium
Eagle Ford Consortium

The Eagle Ford Shale Consortium Conference was held in San Antonio on March 7-8 and about 800 people attended. Leaders from around the area join to share how the Eagle Ford has changed their business to date and what they expect in the future.

Highlights include:

  • The Three Rivers Refinery (operated by Valero) was close to being mothballed before the Eagle Ford
  • Now, Dairy Queen is paying a signing bonus in Three Rivers
  • Marathon CEO - The Eagle Ford is the "best" unconventional play in North America and maybe the world
  • Operators have been playing catch up building pipelines and gathering systems
  • Rents and Eagle Ford Housing prices have doubled and tripled across most of the area
  • 911 calls have doubled in South Texas
  • McMullen County has seen an increase in wrecks of 400%, with no EMS service
  • Healthcare is the next area in need of growth
  • Demand is surging for primary care, treatment of diseases, treatment for joint & back problems
  • Other industries are having trouble keeping employees from jumping into oilfield jobs

You can read more in the following articles from mysa.com, and two from Here and Here from caller.com

Highlights From Palo Alto College Oil & Gas Event

Eagle Ford Event Registration Line Photo
Eagle Ford Event Registration Line Photo

An event called "Empower Your Industry Knowledge" was held January 9th at Palo Alto College in San Antonio. Local constituents and representatives from TCU's Energy Institute were on hand.

You can stay up to date on regional meetings at our Eagle Ford Events page.

Here are a few highlights from the meeting:

  • The Eagle Ford is still in the early stages of development
  • Landman are still working the area of understanding of the play expands
  • Expectations are for the Eagle Ford to dwarf other plays in terms of oil production
  • Almost 30% of US oil & gas spend will be directed to the Eagle Ford
  • Housing issues are still being addressed
  • Training programs are being established
  • Natural gas will gain market share and should make the Eagle Ford's gas window more valuable

Read more from Jennifer Hiller's coverage at mysa.com