XTO Energy may build a nine-story office structure in downtown Fort Worth

by PegNews wire

not provided by XTO Energy

While XTO's nine-story building proposal may not be this grand, it may not be long before they can afford something like it, given the bright future for oil and gas drilling

XTO Energy has been using their property at Seventh and Calhoun (in downtown Fort Worth) as a parking lot for their employees.

If they carry through with proposed plans - and, of course, if the Fort Worth Planning and Development office then approves - they might build a $38 million, nine-story, 360,000 sq. ft. office building on the site.

XTO is a major player in Barnett Shale drilling, and has a range of other oil and gas interests around the country, which by all rights should confer on them the status of a growth organization.

Judging from my read on the presidential debates last night (Fri., Sept. 26), no matter which candidate gets into office, there's going to be plenty of impetus for increased domestic U.S. drilling activities.

posted by JM