April 2011 Vol. 238 No. 4

In The News

Eagle Ford Shale Generated $3 Billion In Revenue For South Texas

In less than three years of development, the Eagle Ford Shale already accounts for over 6% of the Gross Regional Product for the 24-county South Texas area it encompasses, according to a study by the Center for Community and Business Research at the University of Texas at San Antonio Institute for Economic Development. “The Eagle Ford Shale may be one of the largest onshore natural gas and oil discoveries in the past half century,” said Dominique Halaby, center director. “In 2010 alone, this newest of the Texas shale plays generated close to $2.9 billion in revenue, supported approximately 12,600 full-time jobs in the area, and provided nearly $47.6 million in

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