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The Eagle Ford Shale region in South Texas is potentially one of the largest oil and natural gas "plays" ever discovered in the United States. The Eagle Ford Shale has recently been descended upon by major players in the oil and gas industry as they seek to turn a profit from the valuable deposits. By using recent technological advances in the fields of horizontal drilling and hydraulic fracking, these companies are working hard to reach the valuable oil and gas in the easily "frackable" shale.
The rush to South Texas by these oil and gas companies has put a major strain on the infrastructure of the region. Existing industrial buildings and office space are largely filled and hotels, motels and temporary housing are fully booked. In addition, many companies who will service the oil and gas wells have not yet arrived which indicates that demand for industrial real estate will only increase in the months and years to come.
Mr. Peschel is a multi-disciplined commercial real estate advisor with experience in tenant/buyer representation, relocation/expansion, land acquisition/disposition, and economic incentive negotiations. He spends most of his time on industrial and land transactions, but given the Colliers network and resources, he’s involved in a variety of deal types including office and investments. He is surrounded by experts who he partners with depending on the deal. He stays involved in transactions to bring trust to the client.
Barkley's clients tell him that they enjoy working with him; that they have a high degree of confidence that he can perform to help them meet their goals; and that they appreciate his resourcefulness and sense of urgency. Barkley's background in economic development combined with the Colliers process and platform gives him a unique perspective and experience that he uses to meet his clients’ commercial real estate needs.
Barkley is consistently a top producer (Titan) in the Houston office. In 2015, he was a Colliers' Everest Award recipient. This award is bestowed upon the top 10% of all Colliers brokerage professionals across the United States based on revenue production.
WHERE DID THE EAGLE FORD SHALE GET ITS NAME?
The Eagle Ford Shale got its name from a small town near Dallas where you can see the outcropping of the Eagle Ford Shale formation in the rocks with your bare eyes.This article from the Pleasanton Express News gives the best explanation that we've found.
HOW BIG IS THE EAGLE FORD SHALE FORMATION?
There are varying opinions of the size of the Eagle Ford Shale formation, but best estimate is 18,000 to 20,000 square miles. The boundaries of the Eagle Ford Shale that we use on the map we created measures out in Google Earth to roughly 18,000 square miles, and these boundaries are widely used throughout the industry. It is possible that the Eagle Ford Shale formation is larger than what is pictured on our map and only time will tell as more discoveries are made.
WHERE IS THE MOST DRILLING ACTIVITY IN THE EAGLE FORD SHALE? WHAT IS THE RIG COUNT?
The Texas Railroad Commission produces a revised map every month that graphically depicts where wells in the Eagle Ford have been completed and permitted. The EagleFordShale.com website does a great job of summarizing this data (and other data) as wells are drilled and the site is updated regularly. At the end of 2012, La Salle County and Karnes County were the two counties with the most drilling activity in the Eagle Ford. However, the following counties are experiencing heavy drilling activity as well: Dimmit, Webb, McMullen, Live Oak, Gonzales & Dewitt counties. The rig count can be easily found here.
WHERE IS THE MOST REAL ESTATE ACTIVITY IN THE EAGLE FORD SHALE?
A number of cities/areas in the Eagle Ford Shale are experiencing unprecedented commercial real estate activity and growth. On the far southwest side of the trend, Carrizo Springs (Dimmit County) has seen the most activity, but Asherton has experienced a lot of growth as well. Moving east to northeast, you get to Cotulla (La Salle County), which is "ground zero" for commercial development and drilling activity along the I-35 corridor. Dilley and Pearsall, north of Cotulla on I-35, have seen quality, unprecedented growth along the Interstate. Moving further east/northeast, you'll reach Pleasanton in Atascosa County along the Hwy 97 & I-37 corridors. Pleasanton, the most developed of all the small towns in the Eagle Ford, has probably experienced more retail and industrial development than any other area/location in the Eagle Ford. South of Pleasanton on the I-37 and Hwy 281 corridors, Three Rivers is the hot spot, with George West seeing its fair share of activity. East of Pleasanton brings you to Kenedy in Karnes County of Hwy 181 and Hwy 72. This area is "ground zero" on the east side of the play both for drilling and commercial development. Travel northeast and you'll arrive in Cuero (Dewitt County). Cuero, similar to Pleasanton, was a nicely developed small town prior to the boom, but now Cuero is experiencing all types of new development. Outside of the trend, San Antonio (Bexar County), Sequin (Guadalupe), Corpus Christi (Nueces), and Victoria (Victoria) are all experiencing major, positive effects from the Eagle Ford.
WHY IS SO MUCH REAL ESTATE ACTIVITY IN THE PLEASANTON AREA WHEN ALL THE DRILLING IS SOUTH, SOUTHEAST AND SOUTHWEST OF PLEASANTON?
As they say in real estate - Location, Location, Location. Pleasanton is uniquely situated just 40 minutes south of San Antonio and geographically in the middle of the Eagle Ford Shale trend. Read this blog post for a more detailed explanation.
HOW LONG WILL THE EAGLE FORD SHALE PLAY LAST?
Two economists have estimated that the Eagle Ford Shale Play could last anywhere from 16 to 25 years.
Bexar County Demographics
Bexar County was created on December 20, 1836, and encompassed almost the entire western portion of the Republic of Texas. This included the disputed areas of western New Mexico northward to Wyoming. After statehood, 128 counties were carved out of its area.
The county was named for San Antonio de Béxar, one of the 23 Mexican municipalities (administrative divisions) of Texas at the time of its independence. San Antonio de Béxar – originally Villa de San Fernando de Béxar – was the first civil government established by the Spanish in the province of Texas. Specifically, the municipality was created in 1731 when 55 Canary Islanders settled near the system of missions that had been established around the source of the San Antonio River. The new settlement was named after the Presidio San Antonio de Béjar, the Spanish military outpost that protected the missions. The presidio, located at the San Pedro Springs, was founded in 1718 and named for Viceroy Balthasar Manuel de Zúñiga y Guzmán Solomayor y Sarmiento, second son of the Duke of Bájar (a town in Spain). The modern city of San Antonio in the U.S. State of Texas also derived its name from San Antonio de Bejar.
- The population of Bexar County is 1,874,313
- 71.6% of the total population of Bexar County is White, 8.3% is Black or African American, and 3.0% is Asian.
- The age distribution of Bexar County is 59.2% ages 20-64 years, 28.9% ages 19 years or younger and 11.9% ages 65 years or older
- The median age for females is 34.0 years old
- The median age for males is 31.5 years old
- 43.3% of Bexar County residents are married
- 26.7% of residents have obtained a college degree or higher
- The projected annual population growth in Bexar County over the next five years is 1.5%
- The estimated population density in Bexar County is 1,493 per square mile
- The estimated per capita income for Bexar County is $25,423
- The average household income in Bexar County is $71,685
- The average travel times in Bexar County are: 15-29 minutes (41.9%), 30-59 minutes (28.6%) and 14 minutes or less (21.9%)
- The total number of businesses in Bexar County is 68,681
- The unemployment rate for Bexar County is 2.2%
- > 38.7% of Bexar County workers have Blue Collar jobs and 61.3% have White Collar jobs
- 61.4% of Bexar County residents are married couples with children
- The average family household size is 3.5
- 60.0% of Bexar County residents own their home while 40.0% of residents rent
- The median household income in Bexar County is $53,420
- The owner-occupied median home value in Bexar County is $121,769
- The renter-occupied median rent in Bexar County is $649
Data provided from SitesUSA.
The Eagle Ford Shale play is located in South Texas, south of San Antonio and north of Corpus Christi. It's about 400 miles long per the Texas Railroad Commission and it stretched from the Texas/Mexico border, west of Carrizo Springs, and runs east to northeast all the way up to College Station/Bryan, Texas.
Location Map Of Biggest Players In Eagle Ford
EOG Resources Eagle Ford Shale Thickness Map
Eagle Ford Shale Map - Energy Information Administration
As a leader in technology innovation, Colliers is dedicated to providing its clients with the tools they need to respond to their commercial real estate requirements. This section features many of the technological tools and local resources required to deliver the best possible real estate solutions locally and in hundreds of offices around the globe.
BEXAR COUNTY LINKS
San Antonio Chamber of Commerce
Bexar County Appraisal District
Bexar County Tax Office
Bexar County Flood Control
Bexar County Economic Development Council
EAGLE FORD ECONOMIC IMPACT STUDY REPORTS
- Economic Impact of the Eagle Ford Shale (released March 2013)
- Workforce Analysis for the Eagle Ford Shale (released October 2012)
- Eagle Ford Shale Economic Impact for Counties with Active Drilling
- Strategic Housing Analysis Eagle Ford Shale Task Force Report
ARTICLES ABOUT EAGLE FORD'S HISTORY
- How the Eagle Ford Shale Got It's Name - Geology & History
- The Eagle Ford Shale Formation - What is the Eagle Ford Shale
- Eagle Ford Shale Blog
- Hydraulic Fracturing: The Process