Barnett Shale Work Is Bonanza For Fort Worth Region

摘要

Drilling and production activity in the Barnett Shale in north Texas is transforming the economy of Fort Worth and the surrounding area, generating thousands of jobs and tens of billions of dollars in investment. The resulting gains in business activity and income for many companies and individuals in the area will help insulate the region from the national economic slowdown. Moreover, production from the Barnett Shale has grown at a pace far exceeding even optimistic expectations. The Perryman Group recently analyzed the economic effects of the Barnett Shale and found that, for the second year in a row, even in a large and dynamic economy such as that of Fort Worth, it is a significant engine for growth and vitality both now and in the decades to come.