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. For presentation purposes in this article, this value is presented as contributions to the gross state product rather than to the gross regional product (GRP).
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