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The recent gusher of unconventional oil being produced in the Eagle Ford Shale and Permian Basin areas of Texas, thanks to breakthrough drilling technologies, has recently pushed the Lone Star State’s share of domestic crude oil above 30%.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", ], numQuotes: 4, fadeDuration: 2, fadeoutDuration: 0, delay: 5, quotesInit: function(){ if (this.numQuotes < 1){ document.getElementById('quoterotator').innerHTML="No Quotes Found"; } else { this.quoteRotate(); setInterval('quoteRotator.quoteRotate()', (this.fadeDuration + this.fadeoutDuration + this.delay) * 1000); } }, quoteRotate: function(){ jQuery('#quoterotator').hide().html(this.quotes[this.i - 1]).fadeIn(this.fadeDuration * 1000).css('filter','').delay(this.delay * 1000).fadeOut(this.fadeoutDuration * 1000); this.i = this.i % (this.numQuotes) + 1; } } </script>   <meta name="description" content="Oil production articles, blogs, news, and videos at Aresco LP."/> <link rel="canonical" 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href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/texas-oil-and-gas-investing/" title="View all posts in Texas Oil and Gas Investing" rel="category tag">Texas Oil and Gas Investing</a></p> <p>Crude oil production in Texas has grown from 25% of U.S. oil production to 35%. Production in the Permian Basin has been the driving factor behind this substantial increase.</p> <p>North Dakota’s Bakken Shale area is also a major producer in U.S. oil production with a 12% share overall. <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/five-states-and-the-gulf-of-mexico-produce-more-than-80-of-u-s-crude-oil/#more-3654" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/permian-rising-booming-energy-production-driving-tx-nm-economies/">Permian Rising ~ Booming Energy Production Driving TX & NM Economies</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, March 17th, 2014 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p><a title="Permian Basin Energy Production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/permian-rising-booming-energy-production-driving-tx-nm-economies/permian-basin-energy-production/" target="_blank" rel="attachment wp-att-3586"><img class="alignleft size-medium wp-image-3586" style="border: 0px none; margin: 5px 10px;" alt="Permian Basin Energy Production" src="https://web.archive.org/web/20140525154653im_/http://www.arescotx.com/wp-content/uploads/permian-basin-energy-production-300x225.jpg" width="300" height="225"/></a>Booming energy production in the Permian Basin of Texas and New Mexico is driving one of the fastest growing regional economies in America. <a title="Midland and Odessa Texas Energy Production" href="https://web.archive.org/web/20140525154653/http://www.usatoday.com/story/money/business/2014/02/01/america-growing-shrinking-economies/5089373/" target="_blank">Midland and Odessa Texas</a>—in the heart of the Permian Basin—are the two of the nation’s fastest growing economies. <a title="Permian Oil Production" href="https://web.archive.org/web/20140525154653/http://www.eia.gov/petroleum/drilling/?src=home-b1#tabs-summary-2" target="_blank">Permian oil production</a> is surging so resoundingly that it is not only surpassing the <a title="Eagle Ford Shale" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/eagle-ford-shale/">Eagle Ford Shale</a> formation in South-Central, Texas; it is eclipsing production in North Dakota’s Bakken formation as well.</p> <p>Permian crude oil production is expected to hit a record <a title="Permian crude oil production expected to hit a record 1.41 million barrels per day" href="https://web.archive.org/web/20140525154653/http://www.businessweek.com/news/2014-03-07/oil-rigs-rise-to-highest-level-in-26-years-of-baker-hughes-data" target="_blank">1.41 million barrels a day in March</a>, up from 1.3 million a year earlier according to the Energy Information Administration. In addition, the <a title="US oil rig count surged to 1,443" href="https://web.archive.org/web/20140525154653/http://gis.bakerhughesdirect.com/Reports/StandardReport.aspx" target="_blank">U.S. Oil rig count surged in early March to 1,443</a>—the highest total since the industry began tracking the counts in 1987 (<a title="Texas marked 755 oil rigs" href="https://web.archive.org/web/20140525154653/http://gis.bakerhughesdirect.com/Reports/StandardReport.aspx" target="_blank">Texas marked 755 oil rigs</a>, for a total of 864 oil and gas rigs). <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/permian-rising-booming-energy-production-driving-tx-nm-economies/#more-3584" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/eagle-ford-is-turning-texas-into-global-petroleum-powerhouse/">Eagle Ford is Turning Texas into Global Petroleum Powerhouse</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, March 5th, 2014 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p>In the realm of <a title="Texas Oil Production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/texas-oil-production/" target="_blank">Texas oil and gas production</a> the year 2013 was a big. Very big. According to the <a title="Texas Petro Index" href="https://web.archive.org/web/20140525154653/http://texasalliance.org/texas-petro-index-sets-record/" target="_blank">Texas Petro Index</a>, the Lone Star State churned out $110 billion in oil and gas production. The index, a composite measure based on several exploration and production economic indicators, hit 295.0 in December 2013, up 6.7 percent from the previous year and shattering the previous high of 287.6 set in October 2008.</p> <p>Just about all of that growth was driven by crude oil, which totaled 856.8 million barrels for all of 2013— 31 percent of all U.S. oil production and the highest statewide total since 1985. But that bottom line figure enjoyed a boost from higher wellhead prices for natural gas as well. <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/eagle-ford-is-turning-texas-into-global-petroleum-powerhouse/#more-3543" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/eagle-ford-shale-production-shattering-records-in-texas/">Eagle Ford Shale Production Shattering Records in Texas</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, March 3rd, 2014 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p>The <span style="font-size: medium;"><strong>Eagle Ford Shale</strong></span> of south Texas is pushing the state closer to the world’s top oil producer spot. In fact Texas has already passed Mexico and Iraq to become the eighth biggest oil producer in the world. Though we still don’t know just how much the Eagle Ford is capable of producing, it is clear that production in the <strong>Eagle Ford Shale</strong>, and other regions like it, are putting the United States on the path to energy independence. <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/eagle-ford-shale-production-shattering-records-in-texas/#more-3533" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/">Why invest in North American energy, and why now?</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, February 18th, 2014 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" title="View all posts in New Mexico Oil and Gas Investing" rel="category tag">New Mexico Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/texas-oil-and-gas-investing/" title="View all posts in Texas Oil and Gas Investing" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a title="Investing in Texas Oil" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/investing-in-texas-oil/" target="_blank" rel="attachment wp-att-3508"><img class="alignleft wp-image-3508" style="border: 0px none; margin: 5px 10px;" alt="Investing in Texas Oil" src="https://web.archive.org/web/20140525154653im_/http://www.arescotx.com/wp-content/uploads/investing-in-texas-oil.jpg" width="175" height="263"/></a>As 2014 opens, the North American energy revolution continues to help our economy and provide compelling investment opportunities across the energy value chain.</p> <p>North American crude oil production topped 8 million barrels per day (bbl/d) in 2013 and production is on pace to reach 9.3 bbl/d by 2015, the highest level in 43 years. At the same time, the U.S. is now producing enough natural gas to meet its needs independent of imports. This results in improving business fundamentals for companies spanning the energy value chain — from the exploration and productions companies producing these valuable resources to the pipeline and related infrastructure companies that transport oil and gas to the end users. <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/#more-3506" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/forget-north-dakota-texas-is-no-1-for-oil/">Forget North Dakota, Texas is No. 1 for Oil</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, February 13th, 2014 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p><em>By Daniel J. Graeber for OilPrice.com</em></p> <p>Advances in <a title="Drilling Technology" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/drilling-technology/">drilling technology</a> are expected to help North Dakota hit the 1 million barrel per day mark at some point this year. But it’s Texas that still holds the leadership position in terms of oil production. Don’t mess with Texas.</p> <p>The <a title="Texas Railroad Commission" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/texas-railroad-commission/">Texas Railroad Commission</a>, the state’s energy regulator, <a href="https://web.archive.org/web/20140525154653/http://www.rrc.state.tx.us/data/production/" target="_blank" rel="nofollow">said</a> 54.4 million barrels of oil were produced in the state in November, the last full month for which data are available. While only 1.5 percent greater year-on-year, that figure is 82 percent higher than five years ago. <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/forget-north-dakota-texas-is-no-1-for-oil/#more-3501" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/us-crude-oil-production-forecasts-strong-growth-through-2015/">US Crude Oil Production Forecasts Strong Growth Through 2015</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, January 29th, 2014 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p><a title="US Crude Oil Production Chart" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/wp-content/uploads/us-crude-oil-production-chart.png" target="_blank" rel="lightbox-0"><img class="alignleft size-full wp-image-3429" style="border: 0px none; margin: 5px 10px;" alt="US Crude Oil Production Chart" src="https://web.archive.org/web/20140525154653im_/http://www.arescotx.com/wp-content/uploads/us-crude-oil-production-chart.png" width="336" height="224"/></a>Strong growth in U.S. crude oil production, primarily attributable to growing volumes of light crude oil produced from onshore tight oil formations, has reshaped global oil markets in recent years. EIA expects this growth trend to continue for the next two years, as forecast in this month’s Short-Term Energy Outlook (STEO).</p> <p>EIA estimates that U.S. crude oil production averaged 7.5 million barrels per day (bbl/d) in 2013, the highest annual average rate of production since 1989, and a 1.0-million-bbl/d increase from 2012 (Figure 1). In the January STEO, which extends the forecast period through 2015, EIA expects continued strong production growth. EIA projects crude oil production to average 8.5 million bbl/d in 2014 and 9.3 million bbl/d in 2015, which would be the highest annual rate of crude oil production since 1972. The record highest annual average crude oil production was 9.6 million bbl/d in 1970. <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/us-crude-oil-production-forecasts-strong-growth-through-2015/#more-3428" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/texas-closes-in-on-8-in-world-oil-production/">Texas closes in on #8 in world oil production</a></h1> <p style="font-size:11px;margin-top:-20px;">Friday, January 10th, 2014 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-interesting-facts/" title="View all posts in Oil and Gas Interesting Facts" rel="category tag">Oil and Gas Interesting Facts</a></p> <p><span style="font-size: x-large;"><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/wp-content/uploads/oil-quick-facts-003.gif" target="_blank" rel="lightbox-0"><img class="alignleft wp-image-3261" style="border: 0px none; margin: 5px 10px;" alt="Is Texas now #8 in world oil production?" src="https://web.archive.org/web/20140525154653im_/http://www.arescotx.com/wp-content/uploads/oil-quick-facts-003.gif" width="200" height="200"/></a>At the current rate of increase in crude oil output in Texas, the state is on track to possibly produce almost 3 million barrels of oil per day by the end of 2013, which could move the state all the way up to No. 8 in the world for oil output by December. We are now awaiting results; more coming soon.<br/> </span></p> <p><em><span style="font-size: large;">Source: AEI Ideas</span></em></p> <p><a title="Oil and Gas #QuickFacts" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/og-education-resources/oil-and-gas-quickfacts/">More Oil & Gas Quick Facts</a></p> <p><a title="Oil & Gas Interests Explored – Pathways to Profit" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/oil-gas-interests-explored-pathways-to-profit/" target="_blank">If you are interested in oil & gas investment opportunities, click here.</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/new-eia-publication-provides-insight-and-analysis-on-domestic-production-trends/">New EIA publication provides insight and analysis on domestic production trends</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, October 29th, 2013 and is filed under <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p>The Energy Information Administration (EIA) has begun publishing a new report to provide detailed, region-specific insights and analysis into rig efficiency, new well productivity, decline rates at previously existing wells, and overall production trends.</p> <h2>According to EIA.gov: <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/new-eia-publication-provides-insight-and-analysis-on-domestic-production-trends/#more-3074" class="more-link">Read More</a></h2> </div>  </div> <div id="sidebar"> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/eagle-ford-shale-boom-may-soon-cross-mexican-border/">Eagle Ford Shale Boom May Soon Cross Mexican Border</a> </li> <li> <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/aresco-lp-purchases-position-in-halcon-wells-in-southeast-texas-brazos-basin/">Aresco LP purchases position in Halcón wells in Southeast Texas’ Brazos Basin</a> </li> <li> <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/boom-stresses-expose-rich-permian-opportunities/">Boom Stresses Expose Rich Permian Opportunities</a> </li> <li> <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/mexicos-eagle-ford-gain-to-reap-texas-reward/">Mexico’s Eagle Ford Gain to Reap Texas Reward</a> </li> <li> <a href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/unconventional-processes-are-driving-permian-basin-riches/">Unconventional Processes are Driving Permian Basin Riches</a> </li> </ul> <style scoped type="text/css">.utcw-b1fq2ep {word-wrap:break-word}.utcw-b1fq2ep span,.utcw-b1fq2ep a{border-width:0px}.utcw-b1fq2ep span:hover,.utcw-b1fq2ep a:hover{border-width:0px}</style><p class="titles">Tag Cloud</p><div class="utcw-b1fq2ep tagcloud"><a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/bakken-shale/" style="font-size:10px" title="1 topic">Bakken Shale</a> <a class="tag-link-35 utcw-tag utcw-tag-barnett-shale" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/barnett-shale/" style="font-size:10px" title="1 topic">Barnett Shale</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:10px" title="1 topic">Brandon Laxton</a> <a class="tag-link-46 utcw-tag utcw-tag-brazos-basin" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10px" title="1 topic">Brazos Basin</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:10px" title="1 topic">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/domestic-oil-production/" style="font-size:11.5384615385px" title="2 topics">Domestic Oil Production</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/drilling-technology/" style="font-size:23.8461538462px" title="10 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:30px" title="14 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:13.0769230769px" title="3 topics">Eagle Ford Shale Production</a> <a class="tag-link-16 utcw-tag utcw-tag-energy-information-administration-eia" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14.6153846154px" title="4 topics">Energy Information Administration (EIA)</a> <a class="tag-link-36 utcw-tag utcw-tag-energy-production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/energy-production/" style="font-size:10px" title="1 topic">Energy Production</a> <a class="tag-link-27 utcw-tag utcw-tag-fayetteville-shale" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/fayetteville-shale/" style="font-size:10px" title="1 topic">Fayetteville Shale</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/fracking/" style="font-size:10px" title="1 topic">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/gas-prices/" style="font-size:10px" title="1 topic">Gas Prices</a> <a class="tag-link-48 utcw-tag utcw-tag-halcon" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/halcon/" style="font-size:10px" title="1 topic">Halcón</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:14.6153846154px" title="4 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:28.4615384615px" title="13 topics">Hydraulic Fracturing</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:11.5384615385px" title="2 topics">Investing in Texas Oil</a> <a class="tag-link-26 utcw-tag utcw-tag-karnes-county-oil" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/karnes-county-oil/" style="font-size:10px" title="1 topic">Karnes County Oil</a> <a class="tag-link-4 utcw-tag utcw-tag-keystone-pipeline" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:11.5384615385px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-49 utcw-tag utcw-tag-mexico-eagle-ford" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:10px" title="1 topic">Mexico Eagle Ford</a> <a class="tag-link-45 utcw-tag utcw-tag-mexico-national-hydrocarbons-commission" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/mexico-national-hydrocarbons-commission/" style="font-size:10px" title="1 topic">Mexico National Hydrocarbons Commission</a> <a class="tag-link-18 utcw-tag utcw-tag-natural-gas-production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:13.0769230769px" title="3 topics">Natural Gas Production</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:20.7692307692px" title="8 topics">Oil and Gas Investing</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/oil-exploration/" style="font-size:13.0769230769px" title="3 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/oil-production/" style="font-size:22.3076923077px" title="9 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/opec/" style="font-size:10px" title="1 topic">OPEC</a> <a class="tag-link-44 utcw-tag utcw-tag-pemex" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/pemex/" style="font-size:11.5384615385px" title="2 topics">Pemex</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/permian-basin/" style="font-size:28.4615384615px" title="13 topics">Permian Basin</a> <a class="tag-link-38 utcw-tag utcw-tag-sweet-crude-oil" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/sweet-crude-oil/" style="font-size:10px" title="1 topic">Sweet Crude Oil</a> <a class="tag-link-23 utcw-tag utcw-tag-tax-advantages" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10px" title="1 topic">Tax Advantages</a> <a class="tag-link-24 utcw-tag utcw-tag-tax-incentives" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/tax-incentives/" style="font-size:10px" title="1 topic">Tax Incentives</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/texas-oil-production/" style="font-size:28.4615384615px" title="13 topics">Texas Oil Production</a> <a class="tag-link-12 utcw-tag utcw-tag-texas-railroad-commission" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/texas-railroad-commission/" style="font-size:13.0769230769px" title="3 topics">Texas Railroad Commission</a> <a class="tag-link-28 utcw-tag utcw-tag-transcanada" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/transcanada/" style="font-size:10px" title="1 topic">TransCanada</a> <a class="tag-link-37 utcw-tag utcw-tag-u-s-oil-production" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/u-s-oil-production/" style="font-size:11.5384615385px" title="2 topics">U.S. Oil Production</a> <a class="tag-link-40 utcw-tag utcw-tag-unconventional-drilling" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/unconventional-drilling/" style="font-size:11.5384615385px" title="2 topics">Unconventional Drilling</a> <a class="tag-link-31 utcw-tag utcw-tag-venezuela-oil" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/venezuela-oil/" style="font-size:10px" title="1 topic">Venezuela Oil</a> <a class="tag-link-41 utcw-tag utcw-tag-vertical-rigs" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/vertical-rigs/" style="font-size:10px" title="1 topic">Vertical Rigs</a> <a class="tag-link-50 utcw-tag utcw-tag-voestalpine" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/voestalpine/" style="font-size:10px" title="1 topic">Voestalpine</a> <a class="tag-link-47 utcw-tag utcw-tag-woodbine-sands" href="https://web.archive.org/web/20140525154653/http://www.arescotx.com/tag/woodbine-sands/" style="font-size:10px" title="1 topic">Woodbine Sands</a></div><center><img src="https://web.archive.org/web/20140525154653im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/vision-opportunity-drive.png" width="144" height="138" alt="Vision Opportunity Drive" style="padding-top:15px;"/></center> </div><div class="clearFix"> </div> </div> </div> <div id="footer"><div class="text"><p>Aresco LP 2805 Dallas Parkway Suite 220 Plano, Texas 75093 <b>Phone: 972-992-3127</b> Fax: 972-992-3137 </p><div id="social"><a 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