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href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/photos-videos/drilling-the-noodle-canyon-1-in-jones-county-texas/"><span class="wpmega-link-title">Noodle Canyon #1</span></a></li></ul> </li><li id="menu-item-2334" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children mega-with-sub ss-nav-menu-item-4 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/og-education-resources/"><span class="wpmega-link-title">Resources</span></a> <ul class="sub-menu sub-menu-1"> <li id="menu-item-4008" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/og-education-resources/frequently-asked-questions/"><span class="wpmega-link-title">Frequently Asked Questions</span></a></li><li id="menu-item-4001" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/og-education-resources/oil-and-gas-quickfacts/"><span class="wpmega-link-title">Oil and Gas #QuickFacts</span></a></li><li id="menu-item-4002" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/og-education-resources/glossary-terms/"><span class="wpmega-link-title">Glossary of Terms</span></a></li><li id="menu-item-4003" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/og-education-resources/common-abbreviations/"><span class="wpmega-link-title">Common Abbreviations</span></a></li></ul> </li><li id="menu-item-5288" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children mega-with-sub ss-nav-menu-item-5 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/oil-gas-industry-consulting-services/"><span class="wpmega-link-title">Consulting</span></a> <ul class="sub-menu sub-menu-1"> <li id="menu-item-5293" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/oil-gas-industry-consulting-services/oil-and-gas-investment-evaluation/"><span class="wpmega-link-title">Oil and Gas Investment Evaluation</span></a></li><li id="menu-item-5292" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/oil-gas-industry-consulting-services/geologic-field-appraisal/"><span class="wpmega-link-title">Geologic Field Appraisal</span></a></li><li id="menu-item-5291" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/oil-gas-industry-consulting-services/field-revitalization/"><span class="wpmega-link-title">Field Revitalization</span></a></li><li id="menu-item-5289" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/oil-gas-industry-consulting-services/submitting-an-investment-opportunity-evaluation-request/"><span class="wpmega-link-title">Investment Evaluation Request</span></a></li><li id="menu-item-5290" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/oil-gas-industry-consulting-services/submitting-a-prospect-review-request/"><span class="wpmega-link-title">Submit Prospect Review Request</span></a></li></ul> </li><li id="menu-item-1558" class="menu-item menu-item-type-post_type menu-item-object-page current-menu-item page_item page-item-1556 current_page_item current_page_parent ss-nav-menu-item-6 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/latest-news/"><span class="wpmega-link-title">News</span></a></li><li id="menu-item-65" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-7 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/contact-us/"><span class="wpmega-link-title">Contact</span></a></li></ul></div></div><!-- end topNav --> <div class="sidebarYellow">&nbsp;</div><!-- end yellow --> <div class="sidebarWhite"> <div class="text"> <div id="content"> <!-- Start the Loop. --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/office-closed-march-5th/">Office Closed &#8211; March 5th</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, March 5th, 2015 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <p>Due to inclement weather in the Dallas Fort Worth Metroplex, our office will be closed Thursday, March 5th. The office will reopen Friday, March 6th, weather-permitting.</p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/crude-oil-export-ban-the-talk-of-the-industry/">Crude Oil Export Ban the Talk of the Industry</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, March 4th, 2015 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/wp-content/uploads/crude-oil-exports.jpg" rel="lightbox-0"><img class="alignleft size-medium wp-image-5679" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/uploads/crude-oil-exports-300x200.jpg" alt="Crude Oil Exports" width="300" height="200"/></a>As hearings began on Tuesday for the Energy and Commerce Committee, the oil industry is abuzz with talk of Congress lifting the crude oil export ban that has been in place since the 1970&#8217;s. Here are highlights of some of the articles flooding the internet.</p> <p><strong>Crude exports key to U.S. success in 21st century energy market &#8211; API.org</strong><br/> <em>&#8220;Today’s hearing is not the first to explore U.S. energy exports, but it marks a fresh opportunity for a new Congress to move quickly this year and harness the wide-ranging economic benefits free trade. Our competitors overseas are working hard to lock-in their economic advantages as exporters, and we must act now to ensure U.S. producers can compete effectively for a share of the global market. <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/crude-oil-export-ban-the-talk-of-the-industry/#more-5667" class="more-link">Read More</a></em></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/has-shale-disrupted-oil-investment-metrics/">Has Shale Disrupted Oil Investment Metrics?</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, February 23rd, 2015 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" rel="category tag">New Mexico Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/wp-content/uploads/oil-investments-600.jpg" rel="lightbox-0"><img class="alignleft size-medium wp-image-5619" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/uploads/oil-investments-600-300x235.jpg" alt="Oil Investments in Permian Basin Shale" width="300" height="235"/></a>Oil price slide disruptions won’t last much longer. So says the <a title="International Energy Agency" href="https://web.archive.org/web/20150312081300/http://www.wsj.com/articles/plunge-in-oil-prices-unlikely-to-last-much-longer-iea-says-1423530032" target="_blank">International Energy Agency</a>. Though oil production development in the U.S. is in the throes of a contraction—rigs are shutter down faster than expected—the IEA says prices should come back sharply by 2017 as production growth slows.</p> <p>Total U.S. rotary rig counts have plunged over the last several weeks: from a high of 1,931 for the week ending September 26, 2014 <a title="Oil Rig Counts Over View" href="https://web.archive.org/web/20150312081300/http://phx.corporate-ir.net/phoenix.zhtml?c=79687&amp;p=irol-rigcountsoverview" target="_blank">to just 1,358 by February 13, 2015</a> according to Baker Hughes. That’s a dive of 30 percent. The year over year figure saw totals shed 406 rigs, a drop of 23 percent. Recent week over week rig count declines have been the <a title="Oil Rig Count Declines" href="https://web.archive.org/web/20150312081300/http://www.bloomberg.com/news/articles/2015-01-30/u-s-oil-rig-count-declines-for-eighth-consecutive-week" target="_blank">sharpest in decades</a>. <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/has-shale-disrupted-oil-investment-metrics/#more-5616" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/bradley-winton-joins-aresco-as-vp-of-exploration/">Bradley Winton Joins Aresco as VP of Exploration!</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, February 19th, 2015 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <p><strong><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/wp-content/uploads/bradley-winton.jpg" rel="lightbox-0"><img class="alignleft size-medium wp-image-5588" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/uploads/bradley-winton-300x300.jpg" alt="Bradley Winton, VP of Exploration" width="300" height="300"/></a>Bradley G. Winton joins Aresco LP, a privately held oil and gas exploration and production company, as Vice President of Exploration</strong></p> <p>(Dallas, Texas) –– Aresco LP, a Dallas-based energy exploration and production company, today announced Bradley G. Winton has joined the company as Vice President of Exploration. Winton will lead the company’s domestic acquisition and divestiture efforts, providing complete prospect appraisals, including geologic modeling, log analysis, seismic interpretation and economic analysis, to help identify and evaluate prospect opportunities. In addition, Mr. Winton will oversee Aresco’s growing portfolio of producing assets in the <a title="Permian Basin" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/permian-basin/">Permian Basin</a>, <a title="Eagle Ford Shale" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/eagle-ford-shale/">Eagle Ford Shale</a>, <a title="Anadarko Basin" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/anadarko-basin/">Anadarko Basin</a>, and <a title="Woodbine Sands" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/woodbine-sands/">Woodbine/Eaglebine</a> section of east Texas. <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/bradley-winton-joins-aresco-as-vp-of-exploration/#more-5587" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/crude-oil-price-plunge-ripples-will-be-short-lived/">Crude Oil Price Plunge Ripples Will be Short Lived</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, January 26th, 2015 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <p><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/wp-content/uploads/crude-oil-price-plunge.jpg" rel="lightbox-0"><img class="alignleft size-medium wp-image-5471" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/uploads/crude-oil-price-plunge-300x225.jpg" alt="Crude Oil Price Plunge" width="300" height="225"/></a>With the jarring jolt unleashed from grinding tectonic plates, plunging oil prices have rocked and rolled the energy boom. “<a title="Texas Freaking Out About the Oil Crash" href="https://web.archive.org/web/20150312081300/http://www.businessinsider.com/dallas-fed-manufacturing-december-29-2014-12" target="_blank">Texas Freaking Out About the Oil Crash</a>,” blares the <em>Business Insider</em>. “<a title="Oil boom heading for a bust" href="https://web.archive.org/web/20150312081300/http://www.dallasnews.com/business/energy/20150115-texas-oil-boom-heading-for-bust-in-a-hurry.ece" target="_blank">Oil boom heading for a bust in a hurry</a>,” worries the <em>Dallas Morning News</em>.</p> <p>U.S. Steel is <a href="https://web.archive.org/web/20150312081300/http://www.reuters.com/article/2015/01/22/ussteel-plant-idUSL1N0V030V20150122" target="_blank">idling plants</a> and laying off workers in Ohio and <a href="https://web.archive.org/web/20150312081300/http://www.usatoday.com/story/money/business/2015/01/06/us-steel-layoffs/21346405/" target="_blank">Houston</a> as oil industry demand for pipe, tubing, and well casings dries up. Houston-based oil field services provider Baker Hughes Inc. <a href="https://web.archive.org/web/20150312081300/http://www.bizjournals.com/sanantonio/print-edition/2015/01/23/falling-crude-prices-prompt-layoffs-at-baker.html?iana=ind_energy" target="_blank">will trim 7,000</a> from its ranks. Houston-based Shlumberger Limited, the world’s largest oil field services firm, answered the price crater <a href="https://web.archive.org/web/20150312081300/http://www.wsj.com/articles/schlumberger-profit-falls-on-lower-oil-prices-1421358734" target="_blank">with 9,000 layoffs</a>. <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/crude-oil-price-plunge-ripples-will-be-short-lived/#more-5467" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/what-determines-crude-oil-prices/">What determines crude oil prices?</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, January 19th, 2015 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-interesting-facts/" rel="category tag">Oil and Gas Interesting Facts</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <p><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/wp-content/uploads/crude-oil-prices-barrel.jpg" rel="lightbox-0"><img class="alignleft size-medium wp-image-5408" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/uploads/crude-oil-prices-barrel-300x225.jpg" alt="What determines crude oil prices?" width="300" height="225"/></a>Ask any U.S. citizen what they notice first as they are driving to work and you can bet most will say &#8220;how much is it going to cost me to fill up my tank today&#8221;. Predicting daily fluctuations in gas prices with some degree of accuracy can make even the most seasoned gas and oil expert a little crazy, especially with political instability occurring in oil-rich countries and uncertainty about what OPEC is going to do. However, some basic factors do influence the price of crude oil and can be used as relevant variables to determine whether we start the day paying a reasonable $2 or a painfully high $5 for a gallon of gas. <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/what-determines-crude-oil-prices/#more-5406" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/will-opec-fueled-price-crater-spell-permian-extinction-not-a-chance/">Will OPEC-Fueled Price Crater Spell Permian Extinction? Not a Chance</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, December 9th, 2014 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <p><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/wp-content/uploads/permian-oil-field-roughnecks.jpg" target="_blank" rel="lightbox-0"><img class="alignleft wp-image-5219 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/uploads/permian-oil-field-roughnecks-300x242.jpg" alt="Permian Oil Field Roughnecks" width="300" height="242"/></a>Much has been made of the recent per barrel oil price plunge, currently hovering below $70. Some speculate OPEC’s recent decision to keep the crude spigot flowing is the cartel’s play to smother America’s great oil boom. Keeping prices low by steadily flushing the market with crude—the thinking goes—<a title="OPEC won't stop US oil production growth" href="https://web.archive.org/web/20150312081300/http://www.cnbc.com/id/102234051#." target="_blank">makes production via fracking and horizontal drilling less viable</a>, triggering a cascade of capital pullback in the oilfield.</p> <p>Sure, there’s room for worry. Oil prices have plummeted more than 30 percent over the last several months. Add in the conventional wisdom that says “tight” oil production from shale ceases to be economical once the $80 per barrel price floor is breached. Question: How low can prices go before North American unconventional investment is throttled and projects start shutting down? Follow-up: Is the conventional wisdom on price even relevant? <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/will-opec-fueled-price-crater-spell-permian-extinction-not-a-chance/#more-5215" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/we-have-moved/">We have moved!</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, November 24th, 2014 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <p>We recently relocated our corporate headquarters to Prosper, Texas. This move marks a significant milestone for Aresco as we begin construction on our new building in the Prosper Energy Center as early as January 2015. During construction, which is anticipated to last 9-12 months, we will office in the same business center where our commercial developer is located, which is a half mile away from the new office site. This way, we can stay focused on Aresco activities while staying close to the construction project. Our phone numbers and email addresses will remain the same, you’ll only need to update our address in your records. In the event you have recently mailed something to us, forwarding service is already in place so we should receive it soon.</p> <p>Until our new building is complete, our interim address is:</p> <p>861 N Coleman Rd. Ste 105 Prosper Texas 75078</p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/permian-basin-oil-well-photos/">Permian Basin Oil Well Photos</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, November 12th, 2014 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p>Just in case you don’t know a lot about the oil rig setup and drilling process, it is quite an operation. It can take anywhere from fifteen to twenty semi-truck loads just to deliver all rig components to the location. Here are a few photos to give you an up-close look at our Permian Basin oil project at Noodle Canyon. This oil well is in Jones County which is on the eastern edge of the Permian Basin shale area. <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/permian-basin-oil-well-photos/#more-4964" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/bridgetex-relieving-the-permian-basin-squeeze/">BridgeTex: Relieving the Permian Basin Squeeze</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, October 21st, 2014 and is filed under <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <p><a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/bridgetex-relieving-the-permian-basin-squeeze/bridgetex-pipeline/" target="_blank" rel="attachment wp-att-4845"><img class="alignleft wp-image-4845 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/uploads/bridgetex-pipeline-300x229.png" alt="BridgeTex Pipeline" width="300" height="229"/></a>Is the Permian Basin a victim of its own stunning success? Oil production in the Permian, that petroleum rich landmass straddling Texas and New Mexico, has been wrestling with takeaway capacity over the last 18 months. Production consistently outpaces the ability of Permian producers to deliver the commodity to shippers and refineries. That, coupled with <a title="Refinery shutdowns" href="https://web.archive.org/web/20150312081300/http://www.bloomberg.com/news/2014-09-25/refinery-shutdowns-threaten-to-raise-u-s-pump-prices.html" target="_blank">recent refinery outages</a>, has forced West Texas producers to swallow deep discounts whenever current pipeline capacity is squeezed.</p> <p>But that bottleneck conundrum may soon be lifting. <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/bridgetex-relieving-the-permian-basin-squeeze/#more-4806" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/latest-news/page/2/">Next Page &raquo;</a></div><!-- end content --> <div id="sidebar"> <div id="flags" class="size"><ul id="sortable" class="ui-sortable" style="float:left"><li id="English"><a title="English" class="notranslate flag en"></a></li></ul></div><div id="google_language_translator"></div> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/office-closed-march-5th/">Office Closed &#8211; March 5th</a> </li> <li> <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/crude-oil-export-ban-the-talk-of-the-industry/">Crude Oil Export Ban the Talk of the Industry</a> </li> <li> <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/has-shale-disrupted-oil-investment-metrics/">Has Shale Disrupted Oil Investment Metrics?</a> </li> <li> <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/bradley-winton-joins-aresco-as-vp-of-exploration/">Bradley Winton Joins Aresco as VP of Exploration!</a> </li> <li> <a href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/crude-oil-price-plunge-ripples-will-be-short-lived/">Crude Oil Price Plunge Ripples Will be Short Lived</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-54 utcw-tag utcw-tag-anadarko-basin" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/anadarko-basin/" style="font-size:10.8333333333px" title="2 topics">Anadarko Basin</a> <a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/bakken-shale/" style="font-size:13.3333333333px" title="5 topics">Bakken Shale</a> <a class="tag-link-35 utcw-tag utcw-tag-barnett-shale" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/barnett-shale/" style="font-size:11.6666666667px" title="3 topics">Barnett Shale</a> <a class="tag-link-68 utcw-tag utcw-tag-bradley-winton" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/bradley-winton/" style="font-size:10px" title="1 topic">Bradley Winton</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:10.8333333333px" title="2 topics">Brandon Laxton</a> <a class="tag-link-46 utcw-tag utcw-tag-brazos-basin" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10.8333333333px" title="2 topics">Brazos Basin</a> <a class="tag-link-63 utcw-tag utcw-tag-bridgetex-pipeline" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/bridgetex-pipeline/" style="font-size:10px" title="1 topic">BridgeTex Pipeline</a> <a class="tag-link-61 utcw-tag utcw-tag-canyon-sandstone" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/canyon-sandstone/" style="font-size:10.8333333333px" title="2 topics">Canyon Sandstone</a> <a class="tag-link-52 utcw-tag utcw-tag-cline-shale" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/cline-shale/" style="font-size:10px" title="1 topic">Cline Shale</a> <a class="tag-link-51 utcw-tag utcw-tag-corpus-christi" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/corpus-christi/" style="font-size:10px" title="1 topic">Corpus Christi</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:13.3333333333px" title="5 topics">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/domestic-oil-production/" style="font-size:13.3333333333px" title="5 topics">Domestic Oil Production</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/drilling-technology/" style="font-size:18.3333333333px" title="11 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:26.6666666667px" title="21 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:12.5px" title="4 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/20150312081300/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14.1666666667px" title="6 topics">Energy Information Administration (EIA)</a> <a class="tag-link-36 utcw-tag utcw-tag-energy-production" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/energy-production/" style="font-size:10.8333333333px" title="2 topics">Energy Production</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/fracking/" style="font-size:13.3333333333px" title="5 topics">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/gas-prices/" style="font-size:10.8333333333px" title="2 topics">Gas Prices</a> <a class="tag-link-58 utcw-tag utcw-tag-gas-to-liquids" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/gas-to-liquids/" style="font-size:10px" title="1 topic">Gas to Liquids</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:16.6666666667px" title="9 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:23.3333333333px" title="17 topics">Hydraulic Fracturing</a> <a class="tag-link-67 utcw-tag utcw-tag-international-energy-agency" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/international-energy-agency/" style="font-size:10px" title="1 topic">International Energy Agency</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:12.5px" title="4 topics">Investing in Texas Oil</a> <a class="tag-link-4 utcw-tag utcw-tag-keystone-pipeline" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:10.8333333333px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-49 utcw-tag utcw-tag-mexico-eagle-ford" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:10.8333333333px" title="2 topics">Mexico Eagle Ford</a> <a class="tag-link-45 utcw-tag utcw-tag-mexico-national-hydrocarbons-commission" href="https://web.archive.org/web/20150312081300/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/20150312081300/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:12.5px" title="4 topics">Natural Gas Production</a> <a class="tag-link-62 utcw-tag utcw-tag-noodle-canyon" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/noodle-canyon/" style="font-size:10px" title="1 topic">Noodle Canyon</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:18.3333333333px" title="11 topics">Oil and Gas Investing</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/oil-exploration/" style="font-size:14.1666666667px" title="6 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/oil-production/" style="font-size:21.6666666667px" title="15 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/opec/" style="font-size:13.3333333333px" title="5 topics">OPEC</a> <a class="tag-link-44 utcw-tag utcw-tag-pemex" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/pemex/" style="font-size:10.8333333333px" title="2 topics">Pemex</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/permian-basin/" style="font-size:30px" title="25 topics">Permian Basin</a> <a class="tag-link-57 utcw-tag utcw-tag-shale-oil" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/shale-oil/" style="font-size:10px" title="1 topic">Shale Oil</a> <a class="tag-link-38 utcw-tag utcw-tag-sweet-crude-oil" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/sweet-crude-oil/" style="font-size:10.8333333333px" title="2 topics">Sweet Crude Oil</a> <a class="tag-link-23 utcw-tag utcw-tag-tax-advantages" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10.8333333333px" title="2 topics">Tax Advantages</a> <a class="tag-link-24 utcw-tag utcw-tag-tax-incentives" href="https://web.archive.org/web/20150312081300/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/20150312081300/http://www.arescotx.com/tag/texas-oil-production/" style="font-size:22.5px" title="16 topics">Texas Oil Production</a> <a class="tag-link-12 utcw-tag utcw-tag-texas-railroad-commission" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/texas-railroad-commission/" style="font-size:11.6666666667px" title="3 topics">Texas Railroad Commission</a> <a class="tag-link-37 utcw-tag utcw-tag-u-s-oil-production" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/u-s-oil-production/" style="font-size:13.3333333333px" title="5 topics">U.S. Oil Production</a> <a class="tag-link-40 utcw-tag utcw-tag-unconventional-drilling" href="https://web.archive.org/web/20150312081300/http://www.arescotx.com/tag/unconventional-drilling/" style="font-size:11.6666666667px" title="3 topics">Unconventional Drilling</a> <a class="tag-link-41 utcw-tag utcw-tag-vertical-rigs" href="https://web.archive.org/web/20150312081300/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/20150312081300/http://www.arescotx.com/tag/voestalpine/" style="font-size:10px" title="1 topic">Voestalpine</a></div><center><img src="https://web.archive.org/web/20150312081300im_/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><!-- end sidebar --><div class="clearFix">&nbsp;</div><!-- end clearFix --> </div><!-- end text --> </div><!-- end white --> <div id="footer"><div class="text"><p>Aresco LP 861 N Coleman Road, Ste. 105 Prosper, TX 75078 <b>Phone: 972-992-3127</b> Fax: 972-992-3137 </p><div id="social"><a href="https://web.archive.org/web/20150312081300/https://www.facebook.com/pages/Aresco/510139499068554" target="_blank"><img src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/facebook.png" width="31" height="31" alt="Facebook"/></a><a href="https://web.archive.org/web/20150312081300/https://twitter.com/ArescoLP" target="_blank"><img src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/twitter.png" width="31" height="31" alt="Twitter"/></a><a href="https://web.archive.org/web/20150312081300/http://www.linkedin.com/company/aresco-lp" target="_blank"><img src="https://web.archive.org/web/20150312081300im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/linkedin.png" width="31" height="31" alt="LinkedIn"/></a><a 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