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Texas Energy Exploration LLC - News

Development of oil and natural gas in the Eagle Ford shale contributed $25 billion in total economic output to the region in 2011, according to a study released by the Center for Community and Business Research at The University of Texas at San Antonio Institute for Economic Development (UTSA).

“The Eagle Ford Shale has proven to be one of the most important economic engines in the state,” said Dr. Thomas Tunstall, director of the UTSA Center for Community & Business Research, and the study’s principal investigator. “In 2011 alone, the play generated over $25 billion in revenue, supported 47,000 full-time jobs in the area, and provided $257 million in local government revenue.”