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approximately 830 active drilling rigs, which accounts for around 47 percent of all U.S. drilling 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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ss-nav-menu-item-7 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/contact-us/"><span class="wpmega-link-title">Contact</span></a></li></ul></div></div> <div class="sidebarYellow"> </div> <div class="sidebarWhite"> <div class="text"> <div id="content"> <h1>Office Closed – March 5th</h1> <div class="wp-socializer-buttons clearfix"> <span class="wpsr-btn">  <div class="fb-like" data-href="http://www.arescotx.com/office-closed-march-5th/" data-share="false" data-layout="button_count" data-show-faces="0" data-action="like" data-colorscheme="light"></div>  </span> <span class="wpsr-btn">  <a href="https://web.archive.org/web/20150420091332/http://twitter.com/share" class="twitter-share-button" data-count="horizontal" data-via="ArescoLP" data-lang="en" data-url="https://web.archive.org/web/20150420091332/http://www.arescotx.com/office-closed-march-5th/" data-text="Office Closed – March 5th - "></a>  </span> <span class="wpsr-btn">  <div class="g-plusone" data-size="medium" data-href="http://www.arescotx.com/office-closed-march-5th/"></div>  </span> <span class="wpsr-btn">  <script type="IN/Share" data-url="http://www.arescotx.com/office-closed-march-5th/" data-counter="right"></script>  </span> <span class="wpsr-btn">  <div style="padding-right:50px"><a href="https://web.archive.org/web/20150420091332/http://pinterest.com/pin/create/button/?url=http%3A%2F%2Fwww.arescotx.com%2Foffice-closed-march-5th%2F&media=http%3A%2F%2Fwww.arescotx.com%2Fwp-content%2Fuploads%2Fbad-weather.jpg" data-pin-do="buttonPin" data-pin-config="beside"><img border="0" src="//web.archive.org/web/20150420091332im_/http://assets.pinterest.com/images/pidgets/pinit_fg_en_rect_gray_20.png" alt="Pinterest" title="Pin It"/></a></div>  </span> </div><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 class="nextpages"></div> <p><b><a href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/crude-oil-export-ban-the-talk-of-the-industry/">previous post: Crude Oil Export Ban the Talk of the Industry</a></b></p> <p><b><a href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/permian-basin-drilling/">next post: Permian Basin Drilling</a></b></p> </div> <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/20150420091332/http://www.arescotx.com/aresco-vp-supporting-junior-league-of-collin-county/">Aresco VP Supporting Junior League of Collin County</a> </li> <li> <a href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/pressure-mounts-to-lift-crude-oil-export-ban/">Pressure Mounts to Lift Crude Oil Export Ban</a> </li> <li> <a href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/arescos-1st-horizontal-well-targeting-woodbine-sand/">Aresco’s 1st Horizontal Well Targeting Woodbine Sand</a> </li> <li> <a href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/our-office-will-be-closed-friday-april-3rd/">Our office will be closed Friday, April 3rd</a> </li> <li> <a href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/aresco-vp-supporting-homes-for-our-troops/">Aresco VP Supporting Homes for Our Troops</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/20150420091332/http://www.arescotx.com/tag/anadarko-basin/" style="font-size:10.8px" title="2 topics">Anadarko Basin</a> <a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/bakken-shale/" style="font-size:13.2px" title="5 topics">Bakken Shale</a> <a class="tag-link-35 utcw-tag utcw-tag-barnett-shale" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/barnett-shale/" style="font-size:11.6px" title="3 topics">Barnett Shale</a> <a class="tag-link-68 utcw-tag utcw-tag-bradley-winton" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/bradley-winton/" style="font-size:11.6px" title="3 topics">Bradley Winton</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:12.4px" title="4 topics">Brandon Laxton</a> <a class="tag-link-46 utcw-tag utcw-tag-brazos-basin" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10.8px" title="2 topics">Brazos Basin</a> <a class="tag-link-61 utcw-tag utcw-tag-canyon-sandstone" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/canyon-sandstone/" style="font-size:10.8px" title="2 topics">Canyon Sandstone</a> <a class="tag-link-55 utcw-tag utcw-tag-cleveland-formation" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/cleveland-formation/" style="font-size:10px" title="1 topic">Cleveland Formation</a> <a class="tag-link-72 utcw-tag utcw-tag-corsicana-oil-field" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/corsicana-oil-field/" style="font-size:10px" title="1 topic">Corsicana Oil Field</a> <a class="tag-link-70 utcw-tag utcw-tag-crude-oil-export-ban" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/crude-oil-export-ban/" style="font-size:10.8px" title="2 topics">Crude Oil Export Ban</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:13.2px" 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/20150420091332/http://www.arescotx.com/tag/domestic-oil-production/" style="font-size:13.2px" title="5 topics">Domestic Oil Production</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/drilling-technology/" style="font-size:18px" title="11 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:26px" 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/20150420091332/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:12.4px" 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/20150420091332/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14px" 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/20150420091332/http://www.arescotx.com/tag/energy-production/" style="font-size:10.8px" title="2 topics">Energy Production</a> <a class="tag-link-27 utcw-tag utcw-tag-fayetteville-shale" href="https://web.archive.org/web/20150420091332/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/20150420091332/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/20150420091332/http://www.arescotx.com/tag/fracking/" style="font-size:13.2px" title="5 topics">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/gas-prices/" style="font-size:10.8px" title="2 topics">Gas Prices</a> <a class="tag-link-71 utcw-tag utcw-tag-homes-for-our-troops" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/homes-for-our-troops/" style="font-size:10px" title="1 topic">Homes for Our Troops</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:17.2px" title="10 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:22.8px" title="17 topics">Hydraulic Fracturing</a> <a class="tag-link-67 utcw-tag utcw-tag-international-energy-agency" href="https://web.archive.org/web/20150420091332/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/20150420091332/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:12.4px" 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/20150420091332/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:10.8px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-49 utcw-tag utcw-tag-mexico-eagle-ford" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:11.6px" title="3 topics">Mexico Eagle Ford</a> <a class="tag-link-56 utcw-tag utcw-tag-mineral-rights" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/mineral-rights/" style="font-size:10px" title="1 topic">Mineral Rights</a> <a class="tag-link-66 utcw-tag utcw-tag-mud-pit" href="https://web.archive.org/web/20150420091332/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/20150420091332/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:12.4px" 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/20150420091332/http://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:18px" 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/20150420091332/http://www.arescotx.com/tag/oil-exploration/" style="font-size:14px" title="6 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/oil-production/" style="font-size:21.2px" title="15 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/opec/" style="font-size:13.2px" title="5 topics">OPEC</a> <a class="tag-link-44 utcw-tag utcw-tag-pemex" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/pemex/" style="font-size:10.8px" title="2 topics">Pemex</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/permian-basin/" style="font-size:30px" title="26 topics">Permian Basin</a> <a class="tag-link-38 utcw-tag utcw-tag-sweet-crude-oil" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/sweet-crude-oil/" style="font-size:10.8px" title="2 topics">Sweet Crude Oil</a> <a class="tag-link-23 utcw-tag utcw-tag-tax-advantages" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10.8px" title="2 topics">Tax Advantages</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/texas-oil-production/" style="font-size:22px" 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/20150420091332/http://www.arescotx.com/tag/texas-railroad-commission/" style="font-size:11.6px" title="3 topics">Texas Railroad Commission</a> <a class="tag-link-28 utcw-tag utcw-tag-transcanada" href="https://web.archive.org/web/20150420091332/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/20150420091332/http://www.arescotx.com/tag/u-s-oil-production/" style="font-size:13.2px" 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/20150420091332/http://www.arescotx.com/tag/unconventional-drilling/" style="font-size:11.6px" title="3 topics">Unconventional Drilling</a> <a class="tag-link-47 utcw-tag utcw-tag-woodbine-sands" href="https://web.archive.org/web/20150420091332/http://www.arescotx.com/tag/woodbine-sands/" style="font-size:10.8px" title="2 topics">Woodbine Sands</a></div><center><img src="https://web.archive.org/web/20150420091332im_/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 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/20150420091332/https://www.facebook.com/pages/Aresco/510139499068554" target="_blank"><img src="https://web.archive.org/web/20150420091332im_/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/20150420091332/https://twitter.com/ArescoLP" target="_blank"><img 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