Projecting the Economic Impact of the Fayetteville Shale Play for 2008-2012 (2008)

University of Arkansas Center for Business and Economic Research, March 2008. This study, prepared by the University of Arkansas Center for Business and Economic Research and sponsored by Arkansas Land and Exploration LLC, Chesapeake Energy Corporation, Petrohawk Energy Corporation, and Southwestern Energy Company, quantifies the potential economic impact of the Fayetteville Shale Play for the years 2008 through 2012.


Over the next five year period, it is estimated that total economic activity of about $17.9 billion will be generated with annual direct employment of about 4,600 people.


About $1.8 billion total in state tax revenues are estimated to result from direct, indirect, and induced effects of Fayetteville Shale activities.


About $150 million total city and tax revenues are anticipated over the five-year period.


The study cautions that projections are subject to two risks -- a decline in natural gas pricing and a significant increase in severance taxes.


Download the full report below.

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FayettevilleShaleEconomicImpactStudy2008.pdf1.68 MB