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"Lowes of Eagle Ford Shale" brings new efficiency

Posted by Mission del Lago on Aug 6, 2015 8:00:00 AM

http://bexarwitness.com/eagle-ford-shales-impact-on-south-san-antonio/#.VbfCKEJViko

Innovation and efficiency are the names of the game today in oil and gas, and the newly opened FMC Technologies is a product of both.

Nicknamed the “Lowes of Eagle Ford Shale, this new $15 million “oil field logistics superstore," as the San Antonio Business Journal calls it, in south San Antonio combines fluid control, wellhead, flowback and measurement under one roof.

“It’s something that is relatively new for the oil and gas industry," said FMC Technologies Vice President of Surface Technologies Richard Alabaster in the Business Journal. "It's something that we're trying to do to adjust to the challenges that the industry is currently facing. There's the need to reduce cost and to bring in more integrated suites of services that can help operators reduce their costs on the oil pad.”

Not surprisingly, lower oil prices have been a hot topic of conversation throughout the industry and the area. The Business Journal story quotes Haley Curry with the South Texas Energy & Economic Roundtable, who said “The Eagle Ford shale had to ‘right-size’ in the face of six-year low oil prices but noted that companies like FMC Technologies are driving innovation to bring down the cost it takes to produce a barrel of oil. Now, the name of the game is efficiency," Curry said.

Another advantage to the company opening on the SouthSide—the 86 full-time jobs it introduced and the $1.4 million in economic activity it’s poised to generate per year, according to Mario Hernandez with the San Antonio Economic Development Foundation.

FMC Technologies is located off of Loop 1604 just west of IH-37.

Mission del Lago, the fastest-selling masterplan on the Southside, is among those communities that are perfectly placed to meet the housing needs of the Shale’s workforce. The community has become a favorite new-home spot for area employees, and continued growth with new-home offerings and amenities will further support families and individuals seeking a well-rounded lifestyle in a convenient location.

Mission del Lago is an 800-acre masterplan offering quiet yet friendly neighborhoods, an 18-hole golf course, a convenient location close to shopping, dining, and recreation, and an array of homes from the $150s from two of the nation’s most respected builders, Lennar and D.R. Horton.

For more information, visit Mission del Lago. You can also click below to view all Move In Ready Homes.

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Topics: Eagle Ford Shale