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Permian Basin | Aresco

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rigs and one quarter of drilling rigs worldwide.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>Oil production in the Lone Star State has more than doubled in less than three years, from 1.142 million barrels of oil per day (BOPD) in July 2010 to 2.295 million BOPD in February 2013.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>The exponential increase in Texas oil output over roughly the last three years has completely reversed the previous 23-year decline in the state’s oil production that took place from 1986 to 2009.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>In mid-2009, Texas was producing less than 20% of America’s domestic crude oil. 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href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/photos-videos/salt-water-disposal-animation/"><span class="wpmega-link-title">Salt Water Disposal Animation</span></a></li><li id="menu-item-4663" 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/20150313060808/http://www.arescotx.com/photos-videos/drilling-haskell-east-1-haskell-county-tx/"><span class="wpmega-link-title">Drilling Haskell East # 1 well</span></a></li><li id="menu-item-4662" 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/20150313060808/http://www.arescotx.com/photos-videos/dexter-trinidad-drilling-rig-houston-county/"><span class="wpmega-link-title">Dexter Trinidad Drilling Rig</span></a></li><li id="menu-item-4842" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a 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ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/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 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menu-item-type-post_type menu-item-object-page 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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808im_/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808im_/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808im_/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/20150313060808/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/20150313060808/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). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-news/">Permian Basin News</a></h1> <p style="font-size:11px;margin-top:-20px;">Friday, October 17th, 2014 and is filed under <a href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/permian-basin-canyon-sandstone/" target="_blank" rel="attachment wp-att-4699"><img class="alignleft wp-image-4699 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150313060808im_/http://www.arescotx.com/wp-content/uploads/permian-basin-canyon-sandstone-225x300.jpg" alt="Permian Basin Canyon Sandstone Project" width="225" height="300"/></a>The Permian Basin, one of the most productive oil producing areas in the world, is buzzing with activity. Here is the latest in Permian Basin news.</p> <p><strong><a title="Permian Basin Canyon Sandstone Project Begins" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/">Permian Basin Canyon Sandstone Project Begins</a></strong></p> <p>(Dallas, Texas) –– Aresco LP, a privately held exploration and production company, today announced drilling has begun on the Noodle Canyon #1-H in Jones County, Texas. The 4,500’ vertical development project targets the Canyon Sandstone, a conventional stacked play featuring five intervals along with three other potential pay zones. <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-news/#more-4786" 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/20150313060808/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/">Permian Basin Canyon Sandstone Project Begins</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, October 7th, 2014 and is filed under <a href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <h3>Aresco LP begins Permian Basin field-extension project targeting the Canyon Sandstone</h3> <p><a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/permian-basin-canyon-sandstone/" target="_blank" rel="attachment wp-att-4699"><img class="alignleft wp-image-4699 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150313060808im_/http://www.arescotx.com/wp-content/uploads/permian-basin-canyon-sandstone-225x300.jpg" alt="Permian Basin Canyon Sandstone Project" width="225" height="300"/></a>(Dallas, Texas) –– Aresco LP, a privately held exploration and production company, today announced drilling has begun on the Noodle Canyon #1-H in Jones County, Texas. The 4,500’ vertical development project targets the <a title="Canyon Sandstone" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/canyon-sandstone/">Canyon Sandstone</a>, a conventional stacked play featuring five intervals along with three other potential pay zones.</p> <p>“The <a title="Noodle Canyon" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/noodle-canyon/">Noodle Canyon</a> #1 is just one of several conventional projects underway for us in Texas,” said <a title="Brandon Laxton" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/brandon-laxton/">Brandon Laxton</a>, President and CEO of Aresco LP. “While unconventional exploration may get all the headlines, we are finding success exploiting conventional fields with years of proven production, which helps manage the exploration risk for our operating and capital partners. We benefit from the decades of production and decline curve data available in the area and increase our overall potential with the addition of modern efficiencies in drilling and completion.” <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/#more-4696" 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/20150313060808/http://www.arescotx.com/permian-basin-oil-news-3/">Permian Basin Oil News</a></h1> <p style="font-size:11px;margin-top:-20px;">Saturday, September 27th, 2014 and is filed under <a href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <h3>Latest Permian Basin Oil News</h3> <ul> <li><a title="Permian Basin Canyon Sandstone Project Begins" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/">Aresco LP begins Permian Basin field-extension project targeting the Canyon Sandstone</a> &#8211; <strong>Aresco EXCLUSIVE</strong></li> <li><a title="Energy Activity in Permian Basin grows Midland" href="https://web.archive.org/web/20150313060808/http://www.rigzone.com/news/oil_gas/a/135314/Booming_Energy_Activity_in_Permian_Basin_Grows_Midland_Jobs_Economy" target="_blank">Booming Energy Activity in Permian Basin Grows Midland Jobs, Economy</a> &#8211; RigZone.com</li> <li><a title="Permian Basin oil boom has sizable economic impact on Lubbock" href="https://web.archive.org/web/20150313060808/http://lubbockonline.com/education/2014-09-04/study-permian-basin-oil-boom-has-sizable-economic-impact-lubbock#.VBbtMxZuX2J" target="_blank">Study: Permian Basin oil boom has sizable economic impact on Lubbock</a> &#8211; LubbockOnline.com</li> <li><a title="Fracking Boom Driving Massive Industrialization in Louisiana" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/" target="_blank">Fracking Boom Driving Massive Industrialization in Louisiana</a> – <strong>Aresco EXCLUSIVE</strong></li> <li><a title="7 Reasons to Invest in Texas Permian Basin Oil" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/" target="_blank">7 Reasons to Invest in Permian Basin Oil</a> &#8211; <strong>Aresco EXCLUSIVE</strong></li> <li><a title="Professor releases Permian Basin Report" href="https://web.archive.org/web/20150313060808/http://www.dailytoreador.com/news/professor-releases-permian-basin-report/article_3bd5fe08-37ca-11e4-af1d-001a4bcf6878.html" target="_blank">Professor releases Permian Basin report</a> &#8211; DailyToReader.com</li> </ul> <p> <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-oil-news-3/#more-4555" 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/20150313060808/http://www.arescotx.com/permian-basin-oil-news-2/">Permian Basin Oil News</a></h1> <p style="font-size:11px;margin-top:-20px;">Saturday, September 13th, 2014 and is filed under <a href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <h3>Latest Permian Basin Oil News</h3> <ul> <li><a title="Fracking Boom Driving Massive Industrialization in Louisiana" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/" target="_blank">Fracking Boom Driving Massive Industrialization in Louisiana</a> &#8211; <strong>Aresco EXCLUSIVE</strong></li> <li><a title="Permian Basin in Texas to Drive Down Oil Prices" href="https://web.archive.org/web/20150313060808/http://online.wsj.com/articles/permian-basin-in-texas-to-drive-down-oil-prices-1409613682" target="_blank">Permian Basin in Texas to Drive Down Oil Prices</a> &#8211; Wall Street Journal</li> <li><a title="What's fueling crude oil production growth for EOG" href="https://web.archive.org/web/20150313060808/http://www.forbes.com/sites/greatspeculations/2014/09/02/whats-fueling-crude-oil-production-growth-for-eog-resources/" target="_blank">What&#8217;s Fueling Crude Oil Production Growth For EOG Resources?</a> &#8211; Forbes.com</li> </ul> <p> <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-oil-news-2/#more-4530" 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/20150313060808/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/">7 Reasons to Invest in Texas Oil</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, August 21st, 2014 and is filed under <a href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/reasons-to-invest-in-texas-oil-1/" target="_blank" rel="attachment wp-att-4429"><img class="alignleft wp-image-4429 size-medium" style="border: 0px none; margin: 5px 10px;" title="#1 Reason to Invest in Texas Oil" src="https://web.archive.org/web/20150313060808im_/http://www.arescotx.com/wp-content/uploads/reasons-to-invest-in-texas-oil-1-300x300.gif" alt="reasons-to-invest-in-texas-oil-1" width="300" height="300"/></a>As investors grow restless in today&#8217;s economic turmoil and volatile stock market, many are more willing than ever to abandon the traditional investment mainstream in search of potential high return investment opportunities with ongoing return on investment.</p> <p><a title="Horizontal Drilling" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/horizontal-drilling/" target="_blank">Horizontal drilling</a> and <a title="Hydraulic Fracturing" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/hydraulic-fracturing/" target="_blank">hydraulic fracturing</a> (<a title="Fracking" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/fracking/" target="_blank">fracking</a>) have been widely credited as the primary vehicle responsible for keeping the U.S. economy afloat during what has been dubbed &#8220;the great recession.&#8221; These technological advances have opened up shale plays in Texas that were previously considered unrecoverable because of economic considerations. Now, Texas is leading the way and is the number one oil producing state in the U.S.</p> <p>So, what does that mean for investors? To answer that, we&#8217;ve put together a list of 7 reasons to invest in Texas oil. <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/#more-4427" 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/20150313060808/http://www.arescotx.com/permian-basin-oil-news/">Permian Basin Oil News</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, August 12th, 2014 and is filed under <a href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <h2>Latest Permian Basin News</h2> <h3>Basin operators increase interest in shipping oil by rail</h3> <p style="padding-left: 30px;">Billions of dollars have been pouring into the Permian Basin in recent years as pipelines rush to help producers move their crude and natural gas to market.<br/> Despite the investment in new pipelines and gathering lines and expansion of existing lines, takeaway capacity remains tight and producers are increasingly turning to the railroads for relief.</p> <p style="padding-left: 30px;">Using trains to move crude to market is nothing new, points out Bruce Carswell, West Texas operations manager for Iowa Pacific Holdings. “There has been, over time, crude oil moving by rail out of the <a title="Permian Basin" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/permian-basin/" target="_blank">Permian Basin</a> almost since the beginning” of oil production, he said. <a href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/permian-basin-oil-news/#more-4363" 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/20150313060808/http://www.arescotx.com/tag/permian-basin/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/20150313060808/http://www.arescotx.com/office-closed-march-5th/">Office Closed &#8211; March 5th</a> </li> <li> <a href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/tag/anadarko-basin/" style="font-size:10.8333333333px" title="2 topics">Anadarko Basin</a> <a class="tag-link-65 utcw-tag utcw-tag-aresco-lp" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/aresco-lp/" style="font-size:10px" title="1 topic">Aresco LP</a> <a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/tag/barnett-shale/" style="font-size:11.6666666667px" title="3 topics">Barnett Shale</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10.8333333333px" title="2 topics">Brazos Basin</a> <a class="tag-link-61 utcw-tag utcw-tag-canyon-sandstone" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/canyon-sandstone/" style="font-size:10.8333333333px" title="2 topics">Canyon Sandstone</a> <a class="tag-link-55 utcw-tag utcw-tag-cleveland-formation" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/cleveland-formation/" style="font-size:10px" title="1 topic">Cleveland Formation</a> <a class="tag-link-70 utcw-tag utcw-tag-crude-oil-export-ban" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/crude-oil-export-ban/" style="font-size:10px" title="1 topic">Crude Oil Export Ban</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/tag/energy-production/" style="font-size:10.8333333333px" title="2 topics">Energy Production</a> <a class="tag-link-27 utcw-tag utcw-tag-fayetteville-shale" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/fayetteville-shale/" style="font-size:10px" title="1 topic">Fayetteville Shale</a> <a class="tag-link-60 utcw-tag utcw-tag-fischer-tropsch" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/fischer-tropsch/" style="font-size:10px" title="1 topic">Fischer-Tropsch</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/tag/gas-prices/" style="font-size:10.8333333333px" title="2 topics">Gas Prices</a> <a class="tag-link-48 utcw-tag utcw-tag-halcon" href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:23.3333333333px" title="17 topics">Hydraulic Fracturing</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20150313060808/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-26 utcw-tag utcw-tag-karnes-county-oil" href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:10.8333333333px" title="2 topics">Mexico Eagle Ford</a> <a class="tag-link-66 utcw-tag utcw-tag-mud-pit" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/mud-pit/" style="font-size:10px" title="1 topic">Mud Pit</a> <a class="tag-link-18 utcw-tag utcw-tag-natural-gas-production" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:12.5px" title="4 topics">Natural Gas Production</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/tag/permian-basin/" style="font-size:30px" title="25 topics">Permian Basin</a> <a class="tag-link-59 utcw-tag utcw-tag-sasol" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/sasol/" style="font-size:10px" title="1 topic">Sasol</a> <a class="tag-link-64 utcw-tag utcw-tag-saudi-arabia" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/saudi-arabia/" style="font-size:10px" title="1 topic">Saudi Arabia</a> <a class="tag-link-38 utcw-tag utcw-tag-sweet-crude-oil" href="https://web.archive.org/web/20150313060808/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/20150313060808/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10.8333333333px" title="2 topics">Tax Advantages</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20150313060808/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/20150313060808/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/20150313060808/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/20150313060808/http://www.arescotx.com/tag/unconventional-drilling/" style="font-size:11.6666666667px" title="3 topics">Unconventional Drilling</a> <a class="tag-link-31 utcw-tag utcw-tag-venezuela-oil" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/venezuela-oil/" style="font-size:10px" title="1 topic">Venezuela Oil</a> <a class="tag-link-47 utcw-tag utcw-tag-woodbine-sands" href="https://web.archive.org/web/20150313060808/http://www.arescotx.com/tag/woodbine-sands/" style="font-size:10px" title="1 topic">Woodbine Sands</a></div><center><img 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