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Crude talks Eagle Ford Shale in CorpusCrude talks Eagle Ford Shale in Corpushttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=29232014-09-30T08:33:00Z2014-09-30T07:10:00Z

CORPUS CHRISTI AREA - The Center for Community and Business Research at the University of Texas at San Antonio’s Institute for Economic Development has released its 2014 economic impact report of the Eagle Ford Shale.

Overall, the 21-county area studied in the report is expected to increase regional economic output by 61 percent by 2023. The graph below shows all 21 counties with at least $1 billion in economic impart in 2013.

Economic Output Over $1 Billion by County
County 2013* 2023*
Nueces $11,830,469,550 $24,313,461,300
Karnes $10,964,709,282 $16,752,660,184
La Salle $9,001,341,991 $13,574,778,927
Dimmit $8,552,982,031 $12,341,837,612
McMullen $8,276,163,149 $12,518,235,902
Gonzales $7,463,132,427 $11,369,005,382
Live Oak $6,954,129,494 $8,646,546,519
Webb $5,008,394,112 $7,051,104,091
DeWitt $4,947,708,860 $7,288,946,345
Atascosa $3,309,321,673 $5,888,831,097
Bexar $3,238,996,650 $4,400,871,930
Lavaca $1,607,274,019 $2,661,190,775
Wilson $1,444,745,649 $2,109,895,697
Total 21-county
area**
$85,362,339,892 $135,024,683,617

*includes direct, indirect, and induced impacts
**The summation of the individual counties impacts is smaller than when the impacts are taken for the group as a whole.
Bolded counties are in the Corpus Christi Area.

Counties counted in the Corpus Christi Area that fall below $1 billion in the full report include

Bee County: 2013 – $382 million
San Patricio: 2013 – $282 million
Jim Wells: 2013 – $105 million

See the full report here.

See Market Overview under Corpus Christi Market Data Sources.

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