{"id":29240,"date":"2013-06-27T10:14:41","date_gmt":"2013-06-27T15:14:41","guid":{"rendered":"http:\/\/stateimpact.npr.org\/texas\/?p=29240"},"modified":"2013-06-27T10:14:41","modified_gmt":"2013-06-27T15:14:41","slug":"a-tale-of-two-counties-how-drilling-makes-some-flush-with-cash","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/texas\/2013\/06\/27\/a-tale-of-two-counties-how-drilling-makes-some-flush-with-cash\/","title":{"rendered":"A Tale of Two Counties: How Drilling Makes Some Flush With Cash"},"content":{"rendered":"
\"Fracking<\/a>

Photo by Flickr user www_ukberri_net<\/p>

Fracking in Texas.<\/p><\/div>\n

But for Those Outside the Boom, It’s Business as Usual<\/em><\/h4>\n

It’s been over four years since a drilling company\u00a0first drilled for (and hit) oil and gas in the\u00a0Eagle Ford Shale<\/a>.\u00a0Since then, the region has become an economic engine for Texas, and to some degree, the country<\/a>.<\/p>\n

While the region has seen several downsides to the current drilling boom, especially from traffic<\/a>, accidents and water demands<\/a>, a look at what the boom has done for coffers in the region shows just how rapidly things have changed.<\/p>\n

Drillers have permitted<\/a>\u00a0over 10,000 wells, spending billions to get to the oil and gas. Over half a million barrels of oil <\/a>are now being produced each day, supporting over a hundred thousand jobs<\/a>.<\/p>\n

A Closer Look at Economic Impact<\/h4>\n

StateImpact Texas recently analyzed data from the State Comptroller’s Office, which records the\u00a0sales tax allocation history<\/a>\u00a0for most of Texas\u2019 cities and counties. The more sales tax a municipality collects, the more goods and services it has sold.\u00a0The results painted a vivid picture of just how much money is flowing through the Eagle Ford region.<\/p>\n

StateImpact looked at sales tax records from 2008 to 2012 for five counties in the Eagle Ford region: Karnes<\/a>, Atascosa<\/a>, Gonzales<\/a>, Live Oak<\/a>, and Dimmit<\/a>. We chose these counties because of the Eagle Ford\u2019s significance to their economies, as well as data availability.<\/p>\n

\"Map<\/a>

Map by Michael Marks<\/p>

Map showing each of the five counties.<\/p><\/div>\n

In 2008, the five counties collected an average of nearly $650,000 in sales taxes. But just four years after drilling started, the yearly average for those same counties jumped to over $5.8 million.<\/p>\n

\"The<\/a>

Graph by Michael Marks<\/p>

The five counties' sales tax revenue growth from 2008 to 2012.<\/p><\/div>\n

The region’s growth is even more impressive when you compare it to other parts of the state.<\/p>\n

Bandera County<\/a>\u00a0is about 50 miles north of some of the Eagle Ford’s most prolific drilling. With a population of 20,485, it is comparable in size to the five counties included in the graph above (whose populations average about 20,214 people). This next graph shows Bandera county’s sales tax revenue compared with the five selected Eagle Ford counties over the same period:<\/p>\n

\"Eagle<\/a>

Graph by Michael Marks<\/p>

Eagle Ford counties and Bandera county sales tax revenues.<\/p><\/div>\n

Sales tax revenues in Bandera County have held steady at around $450,000 per year, while 50 miles south, the fracking boom has caused spending to swell exponentially.<\/p>\n

People are spending lots of money in the Eagle Ford region, and that doesn’t look like it will stop any time soon.<\/p>\n

Although every boom eventually busts, some experts project that production could continue for the next 20 to 30 years. That means more fracking, more spending, and potentially more growth in South Texas.<\/p>\n

 <\/p>\n

Michael Marks is a reporting intern with StateImpact Texas.<\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"

But for Those Outside the Boom, It’s Business as Usual It’s been over four years since a drilling company\u00a0first drilled for (and hit) oil and gas in the\u00a0Eagle Ford Shale.\u00a0Since then, the region has become an economic engine for Texas, and to some degree, the country. While the region has seen several downsides to the […]<\/p>\n","protected":false},"author":153,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[59],"tags":[64,15,22,21],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/posts\/29240"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/users\/153"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/comments?post=29240"}],"version-history":[{"count":40,"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/posts\/29240\/revisions"}],"predecessor-version":[{"id":29325,"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/posts\/29240\/revisions\/29325"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/media?parent=29240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/categories?post=29240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/texas\/wp-json\/wp\/v2\/tags?post=29240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}