May 2011, Vol. 238 No. 5

Features

Midstream Development Is Vigorous In Eagle Ford Shale Play

Since the 2008 discovery of Hawkville Field in south Texas, the Eagle Ford Shale has experienced a tremendous amount of activity. In less than three years, the shale play has become a significant portion of the region’s economy. Figure 1 shows the estimated economic impacts of the Eagle Ford Shale in 2010. Within the 24-county area that spans South Texas, Eagle Ford Shale activity accounted for roughly 6% of the area’s Gross Regional Product (GRP) in 2010, created close to $1.3 billion of gross state product impact, supported 12,600 full-time jobs and added $2.9 billion in total economic output (revenues). (Author note: Gross state product is also named Value Added.

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