The local economic impacts of horizontal drilling in Texas

Permanent URL: http://hdl.handle.net/2047/d20128582
Title:
The local economic impacts of horizontal drilling in Texas
Creator:
Guo, Jiapei (Author)
Contributor:
Dana, James D. (Advisor)
Wassall, Gregory (Committee member)
Publisher:
Boston, Massachusetts : Northeastern University, 2015
Date Accepted:
April 2015
Date Awarded:
May 2015
Type of resource:
Text
Genre:
Masters theses
Format:
electronic
Digital origin:
born digital
Abstract/Description:
The combination of horizontal drilling and hydraulic fracturing around 2003 has generated substantial local economic gains in various areas with unconventional oil and gas plays across the U.S. This paper estimates the impacts of the horizontal drilling activity on employment and other labor market outcome measures for counties in Texas from 1995 to 2012. Results suggest that the boom of horizontal drilling activities has brought increases in employment and wage and salary income, but decreases in median household income. Specifically for the period 2003 to 2012, every new horizontal drilling permit issued created on average 3.5 more jobs in Texas. This paper has two main contributions. First, it includes all 254 counties of Texas into analysis without trimming any metropolitan counties to estimate the potential different effects of drilling between metropolitan and nonmetropolitan areas. Second, it employs horizontal drilling permits rather than gas production as the primary measure of economic outcomes of interest.
Subjects and keywords:
horizontal drilling
employment
Texas
1995-2012
Economics
Horizontal oil well drilling -- Economic aspects -- Texas
Horizontal gas well drilling -- Economic aspects -- Texas
Oil wells -- Hydraulic fracturing -- Economic aspects -- Texas
Gas drilling (Petroleum engineering) -- Economic aspects -- Texas
Petroleum industry and trade -- Economic aspects -- Texas
Labor supply -- Texas
DOI:
https://doi.org/10.17760/d20128582
Permanent URL:
http://hdl.handle.net/2047/d20128582
Use and reproduction:
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