<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" > <channel> <title>Aresco</title> <atom:link href="http://www.arescotx.com/feed/" rel="self" type="application/rss+xml" /> <link>http://www.arescotx.com</link> <description></description> <lastBuildDate>Thu, 05 Apr 2018 00:00:00 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item> <title>Texas Oil Production Breaks the Billion Barrel Mark in 2017</title> <link>http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/</link> <pubDate>Tue, 03 Apr 2018 18:24:28 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Permian Basin Oil News]]></category> <category><![CDATA[Texas Oil and Gas Investing]]></category> <category><![CDATA[Crude Oil]]></category> <category><![CDATA[Domestic Oil Production]]></category> <category><![CDATA[Energy Information Administration (EIA)]]></category> <category><![CDATA[Permian Basin]]></category> <category><![CDATA[Texas Oil Production]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=17680</guid> <description><![CDATA[Texas oil production continues to climb with many factors contributing to Texas&#8217; ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Texas Oil Production Breaks the Billion Barrel Mark in 2017&url=http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/&title=Texas Oil Production Breaks the Billion Barrel Mark in 2017" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/&title=Texas Oil Production Breaks the Billion Barrel Mark in 2017" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Ftexas-oil-production-breaks-the-billion-barrel-mark-in-2017%2F&name=Texas+Oil+Production+Breaks+the+Billion+Barrel+Mark+in+2017" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Texas%20Oil%20Production%20Breaks%20the%20Billion%20Barrel%20Mark%20in%202017&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/" title="Email this article" class="s3-email hint--top"></a></div><p>Texas oil production continues to climb with many factors contributing to Texas&#8217; output. But, it&#8217;s the shale revolution occurring in the Permian Basin which accounts for most of the increased production. Over the course of 2017, Texas produced over a billion barrels of crude, finishing out the year with approximately 1,281,583,000 barrels of crude oil production.</p> <p><a href="http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/texas-crude-oil-production-by-year-1981-2017/" rel="attachment wp-att-17682"><img class="size-full wp-image-17682 aligncenter" src="http://www.arescotx.com/wp-content/uploads/texas-crude-oil-production-by-year-1981-2017.png" alt="Texas Crude Oil Production by Year Chart 1981 - 2017" width="1086" height="774" srcset="http://www.arescotx.com/wp-content/uploads/texas-crude-oil-production-by-year-1981-2017.png 1086w, http://www.arescotx.com/wp-content/uploads/texas-crude-oil-production-by-year-1981-2017-300x214.png 300w, http://www.arescotx.com/wp-content/uploads/texas-crude-oil-production-by-year-1981-2017-768x547.png 768w, http://www.arescotx.com/wp-content/uploads/texas-crude-oil-production-by-year-1981-2017-1024x730.png 1024w" sizes="(max-width: 1086px) 100vw, 1086px" /></a></p> <p><strong>Texas, the Largest Oil Producer in the United States</strong></p> <p>Advancements in shale drilling and extraction technology implemented in the Permian Basin have contributed to most of Texas&#8217; increased oil production. Output from the basin is poised to increase going forward, with a drilled/uncompleted well inventory at the end of 2017 at 2,768 wells. With such a head start, Texas most likely won&#8217;t lose its place as the top oil producer in the country.</p> <p><a href="http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/permian-basin-well-inventory-2017/" rel="attachment wp-att-17684"><img class="aligncenter size-full wp-image-17684" src="http://www.arescotx.com/wp-content/uploads/permian-basin-well-inventory-2017.png" alt="Permian Basin Crude Oil Well Inventory at the End of 2017 - Chart" width="708" height="424" srcset="http://www.arescotx.com/wp-content/uploads/permian-basin-well-inventory-2017.png 708w, http://www.arescotx.com/wp-content/uploads/permian-basin-well-inventory-2017-300x180.png 300w" sizes="(max-width: 708px) 100vw, 708px" /></a></p> <p><a href="https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&amp;s=mcrfptx2&amp;f=m" target="_blank" rel="noopener">The EIA</a> shows production from Texas fields increasing in bpd each month since August of 2017. The data points to US shale oil hitting nearly <a href="https://www.cnbc.com/2018/03/13/us-shale-oil-will-surge-to-nearly-7-million-barrels-a-day-in-april.html" target="_blank" rel="noopener">7 million bpd</a> by April of 2018. That number in combination with traditional oil extraction and offshore production, positions the US as the third leading crude oil producer in the world, closely behind Saudi Arabia and Russia.</p> <p><a href="http://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/2017-texas-crude-oil-production-by-month-chart/" rel="attachment wp-att-17685"><img class="aligncenter size-full wp-image-17685" src="http://www.arescotx.com/wp-content/uploads/2017-texas-crude-oil-production-by-month-chart.png" alt="2017 Texas Crude Oil Production by Month Chart in Thousand Barrels per Day" width="973" height="521" srcset="http://www.arescotx.com/wp-content/uploads/2017-texas-crude-oil-production-by-month-chart.png 973w, http://www.arescotx.com/wp-content/uploads/2017-texas-crude-oil-production-by-month-chart-300x161.png 300w, http://www.arescotx.com/wp-content/uploads/2017-texas-crude-oil-production-by-month-chart-768x411.png 768w" sizes="(max-width: 973px) 100vw, 973px" /></a></p> <p>Some analysts project that 2018 may become the year the <a href="https://www.wsj.com/articles/u-s-crude-production-expected-to-surpass-saudi-arabia-in-2018-1516352405" target="_blank" rel="noopener">US surpasses Saudi Arabia</a> and contend with Russia for the top spot. This all goes to show just how much Texas contributes to the overall landscape of crude oil production in the United States. Nevertheless, it&#8217;s not Texas alone that is breaking crude oil production records in the U.S.</p> <p><strong>Production in Others States Still Going Strong</strong></p> <p>New Mexico set an <a href="https://www.bizjournals.com/albuquerque/news/2018/03/13/new-mexico-sees-record-setting-year-in-oil.html" target="_blank" rel="noopener">oil production record</a> as well. While their numbers can look a little modest next to Texas, they still sit in third place for oil production in the US.</p> <p>The secret to New Mexico&#8217;s success isn&#8217;t much of a secret. Oil and gas companies have spent a considerable amount of time drilling and developing in the part of the Permian that sits within the state of New Mexico.</p> <p>North Dakota takes the second place spot behind Texas. Unfortunately, the state saw something of <a href="http://www.willistonherald.com/news/north-dakota-s-winter-oil-production-drops-slightly/article_d9a40910-26fd-11e8-ad48-33315c9d1fdc.html" target="_blank" rel="noopener">a dip in production</a> recently due to weather. Still, the state still manages to produce over 1 million bpd. The efforts in the Bakken and Three Forks shale formations continue to do well.</p> <p>However, the crude production of ND, NM, AK, CA, and OK combined aren&#8217;t near equal to Texas. The state is responsible for about a third of the nation&#8217;s total crude, as well as a third of the nation&#8217;s refining capacity.</p> <p>Texas is also the leading national gas producer. In fact, <a href="https://www.eia.gov/state/analysis.php?sid=TX#1" target="_blank" rel="noopener">Texas ranks highest</a> for total energy production overall in the United States.</p> <p><strong><a href="http://www.txoilinvestments.com/"><img class="aligncenter size-full wp-image-9280" src="http://www.arescotx.com/wp-content/uploads/gulf-coast-oil-investment-opportunities.gif" alt="Gulf Coast Oil Investment Opportunities" width="728" height="40"></a></strong></p> <p><strong>Texas Oil Production Likely to Remain #1 in Country</strong></p> <p>Many companies have set their sights on the Permian with plans to take advantage of the continuing growth. Exploration is up along with the increased production.</p> <p>Over <a href="https://www.mrt.com/business/oil/article/More-than-half-of-US-oil-rigs-are-in-the-Permian-12724164.php" target="_blank" rel="noopener">half the rigs in the country</a> are in Texas. Of those, the majority sit in the Permian Basin. Investors are flooding the region with funds. Some energy companies have dropped most other activities just to focus their efforts on the Permian shale play, see <a href="https://www.bizjournals.com/denver/news/2018/03/01/denver-energy-company-to-focus-on-permian-basin.html" target="_blank" rel="noopener">here</a>, <a href="https://www.dallasnews.com/business/energy/2018/02/06/pioneer-natural-resources-going-permian-basin-selling-oil-gas-assets" target="_blank" rel="noopener">here</a>, and <a href="http://www.naturalgasintel.com/articles/113513-parsley-to-focus-on-permian-midland-production-in-2018" target="_blank" rel="noopener">here</a>.</p> <p>Many analysts agree that production will continue to increase, even if they don&#8217;t agree on exactly by how much. Texas oil production hitting the billion barrel mark for the last four years in a row is only the beginning.</p> ]]></content:encoded> </item> <item> <title>Trump Tax Cuts Sparks Major Investments in Oil and Gas</title> <link>http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/</link> <pubDate>Mon, 19 Feb 2018 08:00:53 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[New Mexico Oil and Gas Investing]]></category> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Permian Basin Oil News]]></category> <category><![CDATA[Texas Oil and Gas Investing]]></category> <category><![CDATA[Crude Oil]]></category> <category><![CDATA[Domestic Oil Production]]></category> <category><![CDATA[Donald J Trump]]></category> <category><![CDATA[Investing in Texas Oil]]></category> <category><![CDATA[Oil and Gas Investing]]></category> <category><![CDATA[Permian Basin]]></category> <category><![CDATA[President Trump]]></category> <category><![CDATA[Texas Oil Production]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=17312</guid> <description><![CDATA[The Trump tax plan came with plenty of criticism from both sides ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Trump Tax Cuts Sparks Major Investments in Oil and Gas&url=http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/&title=Trump Tax Cuts Sparks Major Investments in Oil and Gas" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/&title=Trump Tax Cuts Sparks Major Investments in Oil and Gas" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Ftrump-tax-cuts-sparks-major-investments-in-oil-and-gas%2F&name=Trump+Tax+Cuts+Sparks+Major+Investments+in+Oil+and+Gas" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Trump%20Tax%20Cuts%20Sparks%20Major%20Investments%20in%20Oil%20and%20Gas&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/trump-tax-cuts-sparks-major-investments-in-oil-and-gas/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/trump-tax-cuts-91111813_s.jpg" data-rel="lightbox-0" title=""><img class="alignleft wp-image-17314" src="http://www.arescotx.com/wp-content/uploads/trump-tax-cuts-91111813_s.jpg" alt="Trump Tax Cuts Sparks Major Investments in Oil and Gas" width="400" height="280" srcset="http://www.arescotx.com/wp-content/uploads/trump-tax-cuts-91111813_s.jpg 450w, http://www.arescotx.com/wp-content/uploads/trump-tax-cuts-91111813_s-300x210.jpg 300w" sizes="(max-width: 400px) 100vw, 400px" /></a>The Trump tax plan came with plenty of criticism from both sides of the political aisle, but recent announcements of investments in the oil and gas industry paint a different, more unified picture.</p> <p><strong>Cutting the Corporate Tax Rate</strong></p> <p>Passed on December 22nd, 2017, the <a href="https://www.hrblock.com/tax-center/irs/tax-reform/tax-cuts-and-jobs-act/" target="_blank">Tax Cuts and Jobs Act</a> is the single largest piece of tax reform legislation in decades. Providing significant changes that include tax rate reductions for both individuals and businesses, Americans from all walks of life are likely to see benefits under the new law.</p> <p>Corporations, however, will see the biggest gains. With corporate tax rates plummeting from a marginal tax rate of up to 35% to a <a href="https://www.forbes.com/sites/kellyphillipserb/2017/12/22/what-tax-reform-means-for-small-businesses-pass-through-entities/#5f74d3ea6de3" target="_blank">flat 21% tax</a>, oil and gas companies operating in virtually all capacities are poised to see huge savings––which means more capital is freed up to pour back into the oilfield.</p> <p><strong><a href="http://www.txoilinvestments.com/" target="_blank"><img class="aligncenter wp-image-9280 size-full" src="http://www.arescotx.com/wp-content/uploads/gulf-coast-oil-investment-opportunities.gif" alt="Gulf Coast Oil Investment Opportunities" width="728" height="40"></a></strong></p> <p><strong>Growth in Oil and Gas</strong></p> <p>Oil and gas as an industry has been sitting on a precipice of potential change for some time now, but Trump&#8217;s tax cuts have breathed new life into upstream and downstream operations across the industry. The announcement of this game-changer came at the perfect time; with crude oil prices rallying since June, the simultaneous impact of billions in tax savings has reinvigorated money managers once skeptical about the staying power of traditional energy. In the first week of February, the top four refiners announced combined gains of a whopping <a href="https://www.bloomberg.com/news/articles/2018-02-01/billions-from-trump-tax-cuts-supercharge-fossil-fuel-industry" target="_blank">$7 billion</a> for Q4 of 2017.</p> <p><strong><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></strong></p> <p><strong>Tax Cuts Lead to Big Future Plans</strong></p> <p>Oil and gas companies, both big and small, see the tax windfall as an opportunity to boost domestic spending, reward employees, and bring foreign cash back to the United States. Exxon Mobile, the largest publicly traded producer, was among the first to speak up, announcing plans to invest <a href="https://www.marketwatch.com/story/exxon-to-invest-more-than-50-billion-to-expand-us-business-2018-01-29" target="_blank">$50 billion</a> over five years in order to triple production across Texas&#8217; Permian Basin. Shell, the oil giant, made a similar declaration, pledging <a href="https://www.oilandgaspeople.com/news/14791/royal-dutch-shell-aims-to-deliver-usd-10-billion-from-new-projects-by-2018/" target="_blank">$10 billion</a> in further spending in the U.S. in the years to come.</p> <p><a href="http://www.arescotx.com/wp-content/uploads/tax-benefits.jpg" data-rel="lightbox-1" title=""><img class="alignright wp-image-9345" src="http://www.arescotx.com/wp-content/uploads/tax-benefits.jpg" alt="Tax Benefits of Oil and Gas Investing" width="375" height="381" srcset="http://www.arescotx.com/wp-content/uploads/tax-benefits.jpg 443w, http://www.arescotx.com/wp-content/uploads/tax-benefits-295x300.jpg 295w" sizes="(max-width: 375px) 100vw, 375px" /></a>Gasoline brands are taking advantage of these gains as well. Marathon, for example, approved a <a href="https://www.nasdaq.com/article/marathon-mpc-to-reward-shareholders-with-15-dividend-hike-cm913060" target="_blank">15% increase in dividends</a> in anticipation of future savings. Electric companies are also enjoying reduced tax liabilities; <a href="https://www.nasdaq.com/article/zacks-industry-outlook-highlights-nextera-energy-dominion-energy-duke-energy-wec-energy-group-and-westmore-coal-cm914482" target="_blank">Dominion Energy and NextEra</a> both announced heightened gains and, subsequently, increased forecasts.</p> <p><strong>A New and Exciting Frontier </strong></p> <p>The changes brought about by the Trump tax cuts are still in their infancy, and there&#8217;s no telling what the years to come have in store. In time, more and more companies in the energy sector could possibly follow in the footsteps of Exxon, Marathon, and Shell – and they&#8217;re probably not alone. Not only are the new U.S. corporate tax rates benefiting the oil and gas industry, but corporations of all kinds are profiting as well, in addition to their investors and employees across America.</p> ]]></content:encoded> </item> <item> <title>Moderation is the Key for Oil Producers in 2018</title> <link>http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/</link> <pubDate>Tue, 06 Feb 2018 20:23:19 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Bakken Shale]]></category> <category><![CDATA[Crude Oil]]></category> <category><![CDATA[Crude Oil Prices]]></category> <category><![CDATA[Domestic Oil Production]]></category> <category><![CDATA[Eagle Ford Shale]]></category> <category><![CDATA[Oil Production]]></category> <category><![CDATA[Permian Basin]]></category> <category><![CDATA[Texas Oil Production]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=17270</guid> <description><![CDATA[Many shale producers entered 2018 riding high, a trend that appears to ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Moderation is the Key for Oil Producers in 2018&url=http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/&title=Moderation is the Key for Oil Producers in 2018" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/&title=Moderation is the Key for Oil Producers in 2018" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Fmoderation-is-the-key-for-oil-producers-in-2018%2F&name=Moderation+is+the+Key+for+Oil+Producers+in+2018" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Moderation%20is%20the%20Key%20for%20Oil%20Producers%20in%202018&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/moderation-is-the-key-for-oil-producers-in-2018/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/oil-production-moderation-41010194_s.png" data-rel="lightbox-0" title=""><img class="alignleft wp-image-17273" src="http://www.arescotx.com/wp-content/uploads/oil-production-moderation-41010194_s.png" alt="Moderation is the key for oil production in 2018" width="375" height="248" srcset="http://www.arescotx.com/wp-content/uploads/oil-production-moderation-41010194_s.png 450w, http://www.arescotx.com/wp-content/uploads/oil-production-moderation-41010194_s-300x199.png 300w" sizes="(max-width: 375px) 100vw, 375px" /></a>Many shale producers entered 2018 <a href="https://www.cnbc.com/2017/12/18/us-shale-oil-drillers-to-kick-off-new-year-with-big-production-gains.html" target="_blank">riding high</a>, a trend that appears to have some staying power. One factor that could upend this trend is overproduction. An over-abundance of oil could force pricing down and possibly erase the gains seen in recent months.</p> <p>US shale producers will have to figure out how to find their sweet spot, aligning production with demand signals while also managing shareholder expectations. Once they find it, they need to stay there, because going beyond that sweet spot could cause grief for the industry as a whole.</p> <p><strong>What Does Moderation Mean in the Gas and Oil Industry?</strong></p> <p>Prognosticators across the country agree production will <a href="https://www.epmag.com/oil-gas-trends-watch-2018-1678896#p=full" target="_blank">continue to increase</a> in the US. However, no one can seem to agree on just how much production will grow. The target remains largely a mystery, especially since shale producers aren&#8217;t playing by the old rules anymore. They are innovating, using new technology, taking different approaches, and even spending less to gain more.</p> <p>This year will likely see less focus on production and more focus on positive cashflow, shareholder returns, and debt repayment. That, in turn, means producers will spend even less on aggressive expansion.</p> <p>Instead, producers will, and should, start practicing moderation in their efforts. This will maintain their current rate of production at sustainable levels while they focus on creating more value with what they have.</p> <p><strong><a href="http://www.txoilinvestments.com/" target="_blank"><img class="aligncenter wp-image-9280 size-full" src="http://www.arescotx.com/wp-content/uploads/gulf-coast-oil-investment-opportunities.gif" alt="Gulf Coast Oil Investment Opportunities" width="728" height="40"></a></strong></p> <p><strong>Spending Less While Paying Out More </strong></p> <p>The phrase &#8220;<a href="http://www.valuewalk.com/2016/04/capital-discipline-there-is-a-fourth-great-stock-market-anomaly/" target="_blank">capital discipline</a>&#8221; will almost certainly enter into any discussion of moderation. Many people assume capital discipline involves a purposeful lack of growth, but that&#8217;s not always the case.</p> <p>Growth for the sake of growth isn&#8217;t tenable at this point in time. Scaling back or practicing moderation will also help to slow down the equivalent of a production race happening across the globe. With the US producing more, pressure increases for other entities to start producing more as well to maintain market share.</p> <p>2018 is the perfect time to slow down and figure out ways to continue to increase efficiencies. Producers need to start taking advantage of new techniques and new information from studies and reports over the last few years. In fact, many producers have <a href="https://www.platts.com/latest-news/oil/newyork/north-america-eampps-to-focus-on-capital-discipline-26876493" target="_blank">already started</a> to focus more on payouts and downsizing extraneous assets.</p> <p><strong><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></strong></p> <p><strong>There&#8217;s Still Room for Growth</strong></p> <p>With all this being said, there is still room for growth. Places like the Permian Basin, the Eagle Ford Shale, and the Bakken are still hotbeds of activity and growth. As even more exploration areas open, many producers will flock to these locales to stake their claims.</p> ]]></content:encoded> </item> <item> <title>Aresco Makes the Top 60 List for Oil &#038; Gas Blogs on FeedSpot</title> <link>http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/</link> <pubDate>Mon, 22 Jan 2018 08:00:50 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Aresco LP]]></category> <category><![CDATA[Oil and Gas Investing]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=17144</guid> <description><![CDATA[We are excited to announce that Aresco&#8217;s Oil &#38; Gas Current Events ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Aresco Makes the Top 60 List for Oil &#038; Gas Blogs on FeedSpot&url=http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/&title=Aresco Makes the Top 60 List for Oil &#038; Gas Blogs on FeedSpot" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/&title=Aresco Makes the Top 60 List for Oil &#038; Gas Blogs on FeedSpot" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Faresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot%2F&name=Aresco+Makes+the+Top+60+List+for+Oil+%26%23038%3B+Gas+Blogs+on+FeedSpot" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Aresco%20Makes%20the%20Top%2060%20List%20for%20Oil%20&#038;%20Gas%20Blogs%20on%20FeedSpot&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/aresco-makes-the-top-60-list-for-oil-gas-blogs-on-feedspot/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="https://blog.feedspot.com/oil_and_gas_blogs/" target="_blank"><img class="alignleft wp-image-17148 size-medium" src="http://www.arescotx.com/wp-content/uploads/oil-and-gas-blogs-300x300.png" alt="Aresco Awarded Top 60 Oil and Gas Blogs" width="300" height="300" srcset="http://www.arescotx.com/wp-content/uploads/oil-and-gas-blogs-300x300.png 300w, http://www.arescotx.com/wp-content/uploads/oil-and-gas-blogs-768x768.png 768w, http://www.arescotx.com/wp-content/uploads/oil-and-gas-blogs.png 1000w" sizes="(max-width: 300px) 100vw, 300px" /></a>We are excited to announce that Aresco&#8217;s Oil &amp; Gas Current Events Blog is now featured in the top 60 Oil and Gas Blogs on FeedSpot.com!</p> <p>FeedSpot features the big boys in <a href="https://blog.feedspot.com/oil_and_gas_blogs/" target="_blank">oil and gas news</a> like Oil &amp; Gas Journal, Rigzone, Oil &amp; Gas 360, Oil and Gas Investor, and lots more. We believe that making this list reflects our commitment to providing quality industry information along with the best project-specific updates in the business, which are available 24/7 to our partners in our secured online portal.</p> <p>On FeedSpot, you can follow your favorite oil and gas news sites and get regular email alerts as new articles are posted. You can also follow via Google+ or Facebook. Be sure to follow Aresco to get the latest news, technology updates, and much more.</p> <p>Subscribe to Aresco&#8217;s <a href="http://www.arescotx.com/feed/">Oil and Gas Current Events Blog</a>.</p> <h3><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></h3> <h3>Aresco Secured Partner&#8217;s Portal</h3> <p>At the Secured Partner&#8217;s Portal you can access all your project-related data including joint venture launches, pre-launch project updates, operational progress reports once the project is underway, and distribution updates for projects that achieve commercial production.</p> <p>What sets Aresco apart from other direct oil investments is our transparency. You&#8217;ll have 24 hour access to information related to all your projects in your Aresco portfolio. We provide up-to-date information on projected project launch dates, updated scheduling info such as when the rig is scheduled to arrive on location, drilling depths, and much more.</p> <p>At Aresco, we don&#8217;t pull any punches &#8211; with oil exploration, there are risks. We report to our partners the good and the bad news. However, along with those risks, there are also the rewards. You&#8217;ll know where you stand throughout the life of your project.</p> <p>If you&#8217;d like to know more about direct oil investing, please <a href="http://www.arescotx.com/contact-us/">contact us</a> for more info.</p> <p><em><a href="http://www.txoilinvestments.com/" target="_blank"><img class="aligncenter wp-image-9280 size-full" src="http://www.arescotx.com/wp-content/uploads/gulf-coast-oil-investment-opportunities.gif" alt="Gulf Coast Oil Investment Opportunities" width="728" height="40"></a></em></p> <p><em>The above general discussion is provided for background information only. This information is not intended to be individual advice.</em></p> ]]></content:encoded> </item> <item> <title>Trump Offshore Drilling Plan Could Spur Billions in Investments</title> <link>http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/</link> <pubDate>Tue, 16 Jan 2018 21:59:33 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Donald J Trump]]></category> <category><![CDATA[Energy Independence]]></category> <category><![CDATA[Offshore Drilling]]></category> <category><![CDATA[Ryan Zinke]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=17110</guid> <description><![CDATA[Recently, the Trump administration announced proposals to free up the majority of ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Trump Offshore Drilling Plan Could Spur Billions in Investments&url=http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/&title=Trump Offshore Drilling Plan Could Spur Billions in Investments" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/&title=Trump Offshore Drilling Plan Could Spur Billions in Investments" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Ftrump-offshore-drilling-plan-could-spur-billions-in-investments%2F&name=Trump+Offshore+Drilling+Plan+Could+Spur+Billions+in+Investments" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Trump%20Offshore%20Drilling%20Plan%20Could%20Spur%20Billions%20in%20Investments&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/trump-offshore-drilling-plan-could-spur-billions-in-investments/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/offshore-drilling-21642777_s.jpg" data-rel="lightbox-0" title=""><img class="alignleft wp-image-17113" src="http://www.arescotx.com/wp-content/uploads/offshore-drilling-21642777_s.jpg" alt="Trump Offshore Drilling Plan" width="400" height="266" srcset="http://www.arescotx.com/wp-content/uploads/offshore-drilling-21642777_s.jpg 450w, http://www.arescotx.com/wp-content/uploads/offshore-drilling-21642777_s-300x199.jpg 300w" sizes="(max-width: 400px) 100vw, 400px" /></a>Recently, the Trump administration announced proposals to free up the majority of US coastal waters for oil and gas drilling. While this would serve as a sharp reversal of the previous administration&#8217;s stance on offshore drilling, it could possibly represent a boon to the many who invest in the oil and gas industry.</p> <p><strong>What the Trump Administration&#8217;s Offshore Drilling Proposals Entail</strong></p> <p>In April of 2017, <a href="http://www.arescotx.com/tag/donald-j-trump/">President Trump</a> signed an executive order allowing the Interior Department to look into Obama&#8217;s use of an obscure provision of the <a href="https://www.boem.gov/ocs-lands-act-history/" target="_blank">OCS Lands Act</a>. This provision allowed the previous administration to block exploration and new leases in the Atlantic and Arctic as well as other U.S. coastal waters.</p> <p>The current administration proposes to lift the ban completely. With the lifting of that ban, over a billion acres will open up for leasing. That includes areas off the coast of the Atlantic, Alaska, the Pacific, and the Gulf of Mexico.</p> <p><a href="https://www.doi.gov/pressreleases/secretary-zinke-announces-plan-unleashing-americas-offshore-oil-and-gas-potential" target="_blank">Interior Secretary Ryan Zinke says</a> they&#8217;ve already identified 47 areas where oil and gas companies can buy leases between 2019 and 2024. However, it&#8217;s important to understand these proposals are still currently in the draft phase.</p> <p>With the current administration&#8217;s stance of &#8220;energy dominance,&#8221; there&#8217;s a good possibility these proposals, or some version of them, will remain intact throughout the process. Whatever the final proposal, it opens the door for new oil, gas, and energy investments.</p> <p><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></p> <p><strong>What Investors Stand to Gain from Widened Offshore Drilling Action</strong></p> <p>With the opening of the outer continental shelf, there&#8217;s potential for billions of barrels of oil equivalent to become available for new development. That means the energy sector could see a major boost in production, and at the same time, decrease America&#8217;s dependence on foreign oil imports.</p> <p>Rystad Energy, an energy consulting firm, <a href="https://www.rystadenergy.com/newsevents/news/press-releases/trump-move" target="_blank">points out</a> the potentially vast amount of untapped and undiscovered resources in the many areas that were previously restricted. The Rystad report calculated their estimates based on the high-case scenario that all of the proposed areas would see exploration. Even if only a portion of the proposed areas open for leasing, the potential to produce multiple billions of barrels of oil equivalent still exist.</p> <p><strong><a href="http://www.txoilinvestments.com/" target="_blank"><img class="aligncenter wp-image-9280 size-full" src="http://www.arescotx.com/wp-content/uploads/gulf-coast-oil-investment-opportunities.gif" alt="Gulf Coast Oil Investment Opportunities" width="728" height="40"></a></strong></p> <p><strong>What Opposition Does Trump&#8217;s Offshore Drilling Proposals Face?</strong></p> <p>Not everyone is on board with the Trump administration&#8217;s offshore drilling proposals. Many governors of coastal states have immediately condemned the proposed actions. Most notably, Gov. Rick Scott of Florida staunchly opposed drilling off the coast of Florida. He sought and received an <a href="https://www.nytimes.com/2018/01/09/climate/trump-florida-offshore-drilling.html" target="_blank">exclusion for his state</a>.</p> <p>For investors, it&#8217;s still a pragmatic to look towards the future. Even if some coastal waters remain restricted from leasing, there are still over a billion acres that could be opened for development in the new Trump administration offshore drilling proposal.</p> <p><span style="color: #ff0000;"><strong>RELATED &gt;&gt;</strong></span> <a href="http://www.arescotx.com/the-trump-offshore-drilling-expansion/">The Trump Offshore Drilling Expansion</a></p> ]]></content:encoded> </item> <item> <title>The Trump Offshore Drilling Expansion</title> <link>http://www.arescotx.com/the-trump-offshore-drilling-expansion/</link> <pubDate>Mon, 08 Jan 2018 07:30:30 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Donald J Trump]]></category> <category><![CDATA[Offshore Drilling]]></category> <category><![CDATA[Ryan Zinke]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=17053</guid> <description><![CDATA[The Trump administration has huge plans to expand offshore drilling off U.S. ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/the-trump-offshore-drilling-expansion/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=The Trump Offshore Drilling Expansion&url=http://www.arescotx.com/the-trump-offshore-drilling-expansion/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/the-trump-offshore-drilling-expansion/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/the-trump-offshore-drilling-expansion/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/the-trump-offshore-drilling-expansion/&title=The Trump Offshore Drilling Expansion" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/the-trump-offshore-drilling-expansion/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/the-trump-offshore-drilling-expansion/&title=The Trump Offshore Drilling Expansion" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Fthe-trump-offshore-drilling-expansion%2F&name=The+Trump+Offshore+Drilling+Expansion" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=The%20Trump%20Offshore%20Drilling%20Expansion&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/the-trump-offshore-drilling-expansion/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/offshore-drilling-rig-46905214_s.jpg" data-rel="lightbox-0" title=""><img class="alignleft wp-image-17055" src="http://www.arescotx.com/wp-content/uploads/offshore-drilling-rig-46905214_s.jpg" alt="The Trump Offshore Drilling Expansion" width="400" height="260" srcset="http://www.arescotx.com/wp-content/uploads/offshore-drilling-rig-46905214_s.jpg 450w, http://www.arescotx.com/wp-content/uploads/offshore-drilling-rig-46905214_s-300x195.jpg 300w" sizes="(max-width: 400px) 100vw, 400px" /></a>The Trump administration has huge plans to expand offshore drilling off U.S. coasts in the near future. The expansion plan includes the Atlantic, Pacific, and the Gulf coasts as well as in the Arctic Ocean.</p> <p>Interior Secretary <a href="http://www.arescotx.com/tag/ryan-zinke/">Ryan Zinke</a> said, &#8220;This is a start on looking at American energy dominance and looking at our offshore assets and beginning a dialogue of when, how, where and how fast those offshore assets should be, or could be, developed.&#8221;</p> <p>Zinke went on to say, &#8220;This is a clear difference between energy weakness and energy dominance, and under President Trump, we’re going to have the strongest energy policy, and become the strongest energy superpower. And we certainly have the assets to do that.&#8221;</p> <p><a href="http://www.txoilinvestments.com/" target="_blank"><img class="aligncenter wp-image-9280 size-full" src="http://www.arescotx.com/wp-content/uploads/gulf-coast-oil-investment-opportunities.gif" alt="Gulf Coast Oil Investment Opportunities" width="728" height="40"></a></p> <p>Texas Congressman <a href="https://www.gohmert.com/" target="_blank">Louie Gohmert</a> issued a statement on the offshore drilling expansion in which he said, &#8220;It is truly exciting and encouraging that we have a president that is doing all he can to make us completely energy independent. Being energy independent will ensure that we can never be blackmailed by totalitarian nations who provide us any energy. Under this current administration, we are headed on a road that will establish this country as one of the strongest energy superpowers.&#8221;</p> <p>While not all of the details of the plan are firmly established, the plan is said to include 47 auctions for drilling rights in U.S. coastal areas.</p> <p><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></p> <p>Members of Trump&#8217;s Interior department expect to have &#8220;vigorous dialogue&#8221; with state representatives, local officials, and with members of Congress.</p> <p><a href="http://www.arescotx.com/tag/donald-j-trump/">President Trump</a> has repeatedly used the phrase &#8220;energy dominance&#8221; and this offshore drilling expansion looks to be a big step in that direction, which may significantly boost domestic oil and gas production.</p> ]]></content:encoded> </item> <item> <title>Oil and Gas Tax Deductions Lure Investors</title> <link>http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/</link> <pubDate>Wed, 20 Dec 2017 22:40:24 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[New Mexico Oil and Gas Investing]]></category> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Permian Basin Oil News]]></category> <category><![CDATA[Texas Oil and Gas Investing]]></category> <category><![CDATA[Domestic Oil Production]]></category> <category><![CDATA[Tax Advantages]]></category> <category><![CDATA[Tax Incentives]]></category> <category><![CDATA[Tax-Advantaged Investments]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=16943</guid> <description><![CDATA[As high net worth individuals seek out tax-advantaged investments, one industry continues ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Oil and Gas Tax Deductions Lure Investors&url=http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/&title=Oil and Gas Tax Deductions Lure Investors" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/&title=Oil and Gas Tax Deductions Lure Investors" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Foil-and-gas-tax-deductions-lure-investors%2F&name=Oil+and+Gas+Tax+Deductions+Lure+Investors" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Oil%20and%20Gas%20Tax%20Deductions%20Lure%20Investors&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/oil-and-gas-tax-deductions-lure-investors/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/tax-advantaged-investments.png" data-rel="lightbox-0" title=""><img class="aligncenter size-full wp-image-16945" src="http://www.arescotx.com/wp-content/uploads/tax-advantaged-investments.png" alt="Tax-Advantaged Investements - Oil and Gas" width="718" height="281" srcset="http://www.arescotx.com/wp-content/uploads/tax-advantaged-investments.png 718w, http://www.arescotx.com/wp-content/uploads/tax-advantaged-investments-300x117.png 300w" sizes="(max-width: 718px) 100vw, 718px" /></a></p> <p>As high net worth individuals seek out tax-advantaged investments, one industry continues to stand out from the rest &#8211; the oil and gas industry. Oil and gas tax deductions are incentives created by Congress to spur domestic growth in production as a means of marching the United States towards energy independence.<span id="more-16943"></span></p> <p>Some of the top oil and gas tax deductions include:</p> <ul> <li>Tax Deduction for Intangible Drilling Costs (IDC)</li> <li>Tax Deduction for Tangible Drilling Costs (TDC)</li> <li>Tax Deductible Intangible Completion Costs</li> <li>Depletion Allowance (Small Producer Tax Exemptions)</li> <li>Deductions for Equipment Depreciation</li> <li>Lease Operating Expense Deductions</li> </ul> <p><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" sizes="(max-width: 728px) 100vw, 728px" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40"></a></p> <p>For a detailed look at each of these oil and gas tax deductions, please see our article, &#8220;<a href="http://www.arescotx.com/eight-tax-advantages-available-for-direct-oil-gas-investments/">Tax Deductions and Advantages Available for Direct Oil &amp; Gas Investments</a>.&#8221;</p> <p>For drilling-related deductions to be eligible for use on your 2017 taxes, money must be invested by December 31, 2017 and drilling operations must begin by March 31, 2018.</p> <p><a href="http://www.arescotx.com/about-aresco/oil-investing-tax-shelter/"><img class="aligncenter size-full wp-image-16729" src="http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks.png" alt="Interested in oil drilling tax breaks?" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks.png 728w, http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></p> <p>The above general discussion is provided for background information only. This information is not intended to be individual advice. Prospective participants should consult with their personal tax professional regarding the applicability and effect of any and all benefits for their own personal tax situation. In addition, tax laws change from time to time and there is no guarantee regarding the interpretation of any tax laws. For more information, please visit <a href="https://www.irs.gov/" target="_blank">www.irs.gov</a>.</p> <p><span style="color: #ff0000;"><strong>RELATED &gt;&gt;</strong></span> <a href="http://www.arescotx.com/about-aresco/oil-investing-tax-shelter/">Oil Investing Tax Breaks</a></p> <p><span style="color: #ff0000;"><strong>RELATED &gt;&gt;</strong></span> <a href="http://www.arescotx.com/request-more-information-on-oil-investment-opportunities/">Oil Investment Opportunities Info Request</a></p> <p><span style="color: #ff0000;"><strong>RELATED &gt;&gt;</strong></span> <a href="http://www.arescotx.com/what-is-a-qib/">QIB Definition – What is a QIB?</a></p> <p><span style="color: #ff0000;"><strong>RELATED &gt;&gt;</strong></span> <a href="http://www.txoilinvestments.com/">Oil Investment – Gulf Coast</a></p> <p><span style="color: #ff0000;"><strong>RELATED &gt;&gt;</strong></span> <a href="http://www.arescotx.com/about-aresco/why-aresco/">A Standout Among Oil and Gas Investment Companies</a></p> ]]></content:encoded> </item> <item> <title>Republican Tax Bill and Oil Investing Implications</title> <link>http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/</link> <pubDate>Mon, 11 Dec 2017 05:00:39 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[New Mexico Oil and Gas Investing]]></category> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Permian Basin Oil News]]></category> <category><![CDATA[Texas Oil and Gas Investing]]></category> <category><![CDATA[Donald J Trump]]></category> <category><![CDATA[Oil and Gas Investing]]></category> <category><![CDATA[Tax Advantages]]></category> <category><![CDATA[Tax Incentives]]></category> <category><![CDATA[Tax-Advantaged Investments]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=16850</guid> <description><![CDATA[As the Republican tax bill winds its way through the process, the ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Republican Tax Bill and Oil Investing Implications&url=http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/&title=Republican Tax Bill and Oil Investing Implications" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/&title=Republican Tax Bill and Oil Investing Implications" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Frepublican-tax-bill-and-oil-investing-implications%2F&name=Republican+Tax+Bill+and+Oil+Investing+Implications" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Republican%20Tax%20Bill%20and%20Oil%20Investing%20Implications&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/republican-tax-bill-and-oil-investing-implications/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/us-capitol-41040033_s.jpg" data-rel="lightbox-0" title=""><img class="alignleft wp-image-16852" src="http://www.arescotx.com/wp-content/uploads/us-capitol-41040033_s.jpg" width="375" height="250" srcset="http://www.arescotx.com/wp-content/uploads/us-capitol-41040033_s.jpg 450w, http://www.arescotx.com/wp-content/uploads/us-capitol-41040033_s-300x200.jpg 300w" sizes="(max-width: 375px) 100vw, 375px" /></a>As the Republican tax bill winds its way through the process, the nation anxiously awaits concrete news regarding the implications it will have on individual tax payers and the economy at large. Par for the course, bombastic rhetoric is being blasted from both sides of the isle. To some, the new tax rules signal the second coming of Reagan’s economic boom, <em><strong>only bigly better</strong>.</em> To others, the sky is falling.<span id="more-16850"></span></p> <p>The truth is, only tax time will tell the specific impact the new tax structure will have on individuals and families. From all indications, what <em>is known</em> is the bill is not looking to take away any existing incentives already in place that help promote private investment in oil and gas investment.</p> <p><a href="http://www.arescotx.com/wp-content/uploads/oil-gas-tax-deductions-75141672_s.jpg" data-rel="lightbox-1" title=""><img class="alignright size-medium wp-image-16586" src="http://www.arescotx.com/wp-content/uploads/oil-gas-tax-deductions-75141672_s-300x200.jpg" alt="Oil and Gas Investments Tax Deductions" width="300" height="200" srcset="http://www.arescotx.com/wp-content/uploads/oil-gas-tax-deductions-75141672_s-300x200.jpg 300w, http://www.arescotx.com/wp-content/uploads/oil-gas-tax-deductions-75141672_s.jpg 450w" sizes="(max-width: 300px) 100vw, 300px" /></a>For decades, Congress has provided tax incentives to individual investors that encourage participation in the exploration and development of oil and natural gas within the United States. Included are <a href="http://www.arescotx.com/eight-tax-advantages-available-for-direct-oil-gas-investments/">eight key direct oil &amp; gas tax advantages</a>, one of which is the ability to deduct 100% against taxable income the intangible drilling costs (IDCs) incurred in drilling and completing a well. IDCs are drilling expenditures related to expenses such as labor, fuel, chemicals, transportation, etc. IDCs usually represent 70% to 85% of the cost of a well, thus can make a sizable impact on a bottom line tax bill––regardless of the success of the well.</p> <p style="padding-left: 30px;"><em>For example, investing $50,000 in a project that had 85% of its costs in IDCs would mean the investor could elect to deduct $42,500 from their taxable income for that year. As it stands now pre-passage of the bill, in the top 39.6% federal tax bracket for individuals, that deduction would save approximately $14,875 in federal income taxes for the tax year. That same investment post-adoption would still provide the ability to deduct $42,500 from taxable income for the year; the wildcard will be what new (potentially lower) tax bracket the investor will find themselves in.</em></p> <p>The IDC tax deduction and other incentives are not “Loop Holes.” They are specific statutes designed to help stimulate domestic production with the goal of making our country more <a href="http://www.arescotx.com/us-energy-independence/">energy self-sufficient</a>––a lofty goal that’s becoming more and more a reality.</p> <p><a href="http://www.arescotx.com/about-aresco/oil-investing-tax-shelter/"><img class="aligncenter size-full wp-image-16729" src="http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks.png" alt="Interested in oil drilling tax breaks?" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks.png 728w, http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></p> <p>None of these incentives are on the cutting block. Why? Private investment is the lifeblood of the oil industry in the U.S. There are very few Exxon Mobiles and BPs in the world; most are small businesses that would not be in operations without the help of private investments. If you take away the incentives for investors, what would continue to drive the vast majority of domestic oil production?</p> <p>Inclusive of the new bill currently up for consideration, the U.S. Tax Code continues to help support aggressive domestic production, making direct oil and gas ventures one of the best <a href="http://www.arescotx.com/about-aresco/oil-investing-tax-shelter/">tax advantaged investments</a> available.</p> <p><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" sizes="(max-width: 728px) 100vw, 728px" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40"></a></p> <p>The Online U.S. Tax Code may be accessed and queried at<a href="http://www.fourmilab.ch/ustax/ustax.html">http://www.fourmilab.ch/ustax/ustax.html</a>&nbsp;for the most current Oil and Gas information. Congressional Incentives Encourage Domestic Petroleum Development</p> ]]></content:encoded> </item> <item> <title>Texas Tops Oil and Gas Investments</title> <link>http://www.arescotx.com/texas-tops-oil-and-gas-investments/</link> <pubDate>Mon, 04 Dec 2017 23:20:30 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[New Mexico Oil and Gas Investing]]></category> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Oil and Gas Interesting Facts]]></category> <category><![CDATA[Permian Basin Oil News]]></category> <category><![CDATA[Texas Oil and Gas Investing]]></category> <category><![CDATA[Crude Oil]]></category> <category><![CDATA[Domestic Oil Production]]></category> <category><![CDATA[Eagle Ford Shale Production]]></category> <category><![CDATA[Energy Investing]]></category> <category><![CDATA[Energy Production]]></category> <category><![CDATA[Investing in Texas Oil]]></category> <category><![CDATA[Oil and Gas Investing]]></category> <category><![CDATA[OPEC]]></category> <category><![CDATA[Saudi Arabia]]></category> <category><![CDATA[Texas Oil Production]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=16821</guid> <description><![CDATA[Here&#8217;s some interesting news for investors, of all the oil and gas ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/texas-tops-oil-and-gas-investments/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Texas Tops Oil and Gas Investments&url=http://www.arescotx.com/texas-tops-oil-and-gas-investments/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/texas-tops-oil-and-gas-investments/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/texas-tops-oil-and-gas-investments/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/texas-tops-oil-and-gas-investments/&title=Texas Tops Oil and Gas Investments" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/texas-tops-oil-and-gas-investments/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/texas-tops-oil-and-gas-investments/&title=Texas Tops Oil and Gas Investments" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Ftexas-tops-oil-and-gas-investments%2F&name=Texas+Tops+Oil+and+Gas+Investments" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Texas%20Tops%20Oil%20and%20Gas%20Investments&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/texas-tops-oil-and-gas-investments/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/texas-oil-investing-44054106_s.jpg" data-rel="lightbox-0" title=""><img class="alignleft wp-image-16822" src="http://www.arescotx.com/wp-content/uploads/texas-oil-investing-44054106_s.jpg" alt="Texas Leads the World in Oil and Gas Preferred Investing Destinations" width="375" height="232" srcset="http://www.arescotx.com/wp-content/uploads/texas-oil-investing-44054106_s.jpg 450w, http://www.arescotx.com/wp-content/uploads/texas-oil-investing-44054106_s-300x185.jpg 300w" sizes="(max-width: 375px) 100vw, 375px" /></a>Here&#8217;s some interesting news for investors, of all the oil and gas investment destinations worldwide, Texas ranks number one among respondents to a survey conducted by the Fraser Institute of Canada.<span id="more-16821"></span></p> <p>According to the <a href="https://www.fraserinstitute.org/studies/global-petroleum-survey-2017">Fraser Institute</a>:</p> <p style="padding-left: 30px;"><em>A total of 333 respondents participated in the survey this year, providing sufficient data to evaluate 97 jurisdictions that hold 52 percent of proved global oil and gas reserves and account for 66 percent of global oil and gas production.</em></p> <p>The survey rated jurisdictions &#8211; countries, states, provinces, offshore areas, etc. based on the extent of restrictions on oil and gas investing and the size of the reserves &#8211; small, medium and large.</p> <p>Of the 15 jurisdictions with the largest petroleum reserves, Texas ranked as the most attractive destination for oil and gas investments. Texas was followed by the United Arab Emirates, Alberta, Kuwait, and Egypt.</p> <p><a href="http://www.txoilinvestments.com/"><img class="aligncenter size-full wp-image-7301" src="http://www.arescotx.com/wp-content/uploads/oil-investment-opportunities.png" alt="Oil &amp; Gas Investment Opportunities in Texas, the Gulf Coast, and Beyond" width="693" height="200" srcset="http://www.arescotx.com/wp-content/uploads/oil-investment-opportunities.png 693w, http://www.arescotx.com/wp-content/uploads/oil-investment-opportunities-300x87.png 300w" sizes="(max-width: 693px) 100vw, 693px" /></a></p> <p>Of those same 15 jurisdictions, the least attractive destinations for oil and gas investing were Venezuela, Libya, Iraq, Indonesia, and Nigeria.</p> <p>When the size of the petroleum reserves was dropped from the equation, the top oil and gas investment locations were Texas, Oklahoma, North Dakota, Newfoundland &amp; Labrador, West Virginia, Kansas, Saskatchewan, Norway – Offshore (except North Sea), Wyoming and South Australia.</p> <p><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" sizes="(max-width: 728px) 100vw, 728px" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40"></a></p> <p>Again, with the size of the reserves removed from the calculation, the worst jurisdictions for oil and gas investments were Venezuela, Bolivia, Libya, Iraq, Ecuador, Indonesia, California, Cambodia, France, and Yemen.</p> ]]></content:encoded> </item> <item> <title>Turmoil in Saudi Arabia and Oil Prices</title> <link>http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/</link> <pubDate>Tue, 21 Nov 2017 23:06:58 +0000</pubDate> <dc:creator><![CDATA[SEOadmin]]></dc:creator> <category><![CDATA[Oil and Gas Current Events]]></category> <category><![CDATA[Permian Basin Oil News]]></category> <category><![CDATA[Crude Oil]]></category> <category><![CDATA[Crude Oil Prices]]></category> <category><![CDATA[Gas Prices]]></category> <category><![CDATA[OPEC]]></category> <category><![CDATA[Saudi Arabia]]></category> <guid isPermaLink="false">http://www.arescotx.com/?p=16725</guid> <description><![CDATA[The oil industry has been abuzz for the last several weeks over ... ]]></description> <content:encoded><![CDATA[<div id="s-share-buttons" class="horizontal-w-c-circular s-share-w-c"><a href="http://www.facebook.com/sharer.php?u=http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/" target="_blank" title="Share to Facebook" class="s3-facebook hint--top"></a><a href="http://twitter.com/intent/tweet?text=Turmoil in Saudi Arabia and Oil Prices&url=http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/" target="_blank" title="Share to Twitter" class="s3-twitter hint--top"></a><a href="https://plus.google.com/share?url=http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/" target="_blank" title="Share to Google Plus" class="s3-google-plus hint--top"></a><a href="http://www.digg.com/submit?url=http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/" target="_blank" title="Share to Digg" class="s3-digg hint--top"></a><a href="http://reddit.com/submit?url=http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/&title=Turmoil in Saudi Arabia and Oil Prices" target="_blank" title="Share to Reddit" class="s3-reddit hint--top"></a><a href="http://www.linkedin.com/shareArticle?mini=true&url=http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/" target="_blank" title="Share to LinkedIn" class="s3-linkedin hint--top"></a><a href="http://www.stumbleupon.com/submit?url=http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/&title=Turmoil in Saudi Arabia and Oil Prices" target="_blank" title="Share to StumbleUpon" class="s3-stumbleupon hint--top"></a><a href="http://www.tumblr.com/share/link?url=http%3A%2F%2Fwww.arescotx.com%2Fturmoil-in-saudi-arabia-and-oil-prices%2F&name=Turmoil+in+Saudi+Arabia+and+Oil+Prices" target="_blank" title="Share to Tumblr" class="s3-tumblr hint--top"></a><div class="pinit-btn-div"><a href="//www.pinterest.com/pin/create/button/" data-pin-do="buttonBookmark" data-pin-color="red" title="Share to Pinterest" class="s3-pinterest hint--top"></a></div> <script type="text/javascript" async defer src="//assets.pinterest.com/js/pinit.js"></script><a href="mailto:?Subject=Turmoil%20in%20Saudi%20Arabia%20and%20Oil%20Prices&Body=Here%20is%20the%20link%20to%20the%20article:%20http://www.arescotx.com/turmoil-in-saudi-arabia-and-oil-prices/" title="Email this article" class="s3-email hint--top"></a></div><p><a href="http://www.arescotx.com/wp-content/uploads/saudi-arabia-air-force-64638974_s.jpg" data-rel="lightbox-0" title=""><img class="alignleft wp-image-16727" src="http://www.arescotx.com/wp-content/uploads/saudi-arabia-air-force-64638974_s.jpg" alt="Turmoil in Saudi Arabia and Oil Prices" width="375" height="250" srcset="http://www.arescotx.com/wp-content/uploads/saudi-arabia-air-force-64638974_s.jpg 450w, http://www.arescotx.com/wp-content/uploads/saudi-arabia-air-force-64638974_s-300x200.jpg 300w" sizes="(max-width: 375px) 100vw, 375px" /></a>The oil industry has been abuzz for the last several weeks over concerns regarding Saudi Arabia and oil prices. Speculation is running high that even war is a possibility between Iran and Saudi Arabia. So, is there actual cause for concern or are the recent events being blown out of proportion?</p> <p><strong>Saudi Princes Arrested</strong></p> <p>Saudi Arabia captured the attention of the oil industry, and the entire world, early this month when the announcement was made on Saudi-owned pan-Arab television news channel <em>Al Arabiya</em> of the <a href="https://www.nytimes.com/2017/11/04/world/middleeast/saudi-arabia-waleed-bin-talal.html" target="_blank">arrests</a> on corruption charges of at least 11 Saudi princes, four currently serving ministers, and at least 10 former ministers.</p> <p>The arrests were made by the newly formed anti-corruption committee headed by Crown Prince Mohammed bin Salman in a massive corruption probe. According to Al Arabiya, the anticorruption committee has the right to &#8220;investigate, arrest, ban from travel, or freeze the assets of anyone it deems corrupt.&#8221;</p> <p>The most prominent among the arrests was the reported arrest of Prince Alwaleed bin Talal, who is one of the richest men in the world having amassed a fortune of an estimated $16.1 billion. Prince Alwaleed owns or has owned major stakes in noted companies such as Twitter, Apple, Citigroup, and 21^st Century Fox.</p> <p>Prince Alwaleed has given <a href="https://www.cnbc.com/2017/10/23/more-than-5-percent-of-saudi-aramco-could-be-offered-in-ipo-saudi-billionaire-investor-prince-alwaleed-bin-talal-says.html" target="_blank">recent interviews</a> on the IPO of Saudi Aramco which is slated for 2018 and has the oil and financial industries&#8217; rumor mills working overtime. By taking only 5% of the oil giant public, the Saudi kingdom expects to raise around $100 billion from the offering.</p> <p><strong><a href="http://www.txoilinvestments.com/"><img class="aligncenter size-full wp-image-4720" src="http://www.arescotx.com/wp-content/uploads/investing-in-permian-basin-oil.jpg" alt="Investing in Texas Permian Basin Oil" width="600" height="200" srcset="http://www.arescotx.com/wp-content/uploads/investing-in-permian-basin-oil.jpg 600w, http://www.arescotx.com/wp-content/uploads/investing-in-permian-basin-oil-300x100.jpg 300w" sizes="(max-width: 600px) 100vw, 600px" /></a></strong></p> <p><strong>Yemeni Rebels Target Riyadh</strong></p> <p>Tensions in the region went into hyper-drive earlier this month when Yemeni <a href="http://www.aljazeera.com/news/2017/11/yemen-houthi-fire-missile-saudi-arabia-riyadh-171104180946302.html" target="_blank">rebels targeted</a> the King Khalid international airport in the Saudi capital of Riyadh with a ballistic missile. The Yemeni-made Burqan 2H long-range missile was intercepted over northeast Riyadh using the U.S.-made Patriot Missile Defense System according to the Saudi Ministry of Defense. No one was injured in the attack.</p> <p><a href="https://www.cnbc.com/2017/11/06/saudi-coalition-yemen-missile-launch-could-be-an-act-of-war.html" target="_blank">Saudi Arabia said</a> that the attack &#8220;could rise to be considered an act of war.&#8221;</p> <p>Saudi Arabia has been fighting a proxy war in Yemen against Iran, which is believed to be materially supporting the Houthi rebels who carried out the attack.</p> <p><a href="http://www.arescotx.com/eight-tax-advantages-available-for-direct-oil-gas-investments/"><img class="aligncenter size-full wp-image-16729" src="http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks.png" alt="Interested in oil drilling tax breaks?" width="728" height="40" srcset="http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks.png 728w, http://www.arescotx.com/wp-content/uploads/oil-drilling-tax-breaks-300x16.png 300w" sizes="(max-width: 728px) 100vw, 728px" /></a></p> <p><strong>Lebanese PM Resigns, Blames Iran for Resignation</strong></p> <p>Lebanese Prime Minister Saad Hariri resigned from his position in a televised address from Riyadh on the Saudi run Al-Arabiya television network. PM Hariri blamed Iran and Hezbollah of destabilizing not only Lebanon, but the surrounding region as well. PM Hariri said, &#8220;Wherever Iran settles, it sows discord, devastation and destruction, proven by its interference in the internal affairs of Arab countries.&#8221;</p> <p>With the resignation of Hariri, Saudi Arabia loses its main ally in the Lebanese government.</p> <p>All of these events occurred within days of each other around the first weekend of November of this year.</p> <p><a href="https://www.facebook.com/arescolp/" target="_blank"><img class="aligncenter wp-image-17060 size-full" src="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" sizes="(max-width: 728px) 100vw, 728px" srcset="http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, http://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40"></a></p> <p><strong>Saudi Arabia and Oil Prices</strong></p> <p>What does all this have to do with oil prices and what are the geopolitical risks to oil markets? Plenty, or maybe nothing, depending on who you chose to listen to.</p> <p><a href="http://www.arescotx.com/wp-content/uploads/saudi-oil-iStock-528616910.jpg" data-rel="lightbox-1" title=""><img class="alignright wp-image-16731" src="http://www.arescotx.com/wp-content/uploads/saudi-oil-iStock-528616910-1024x768.jpg" alt="How turmoil in Saudi Arabia is affecting oil prices" width="400" height="300" srcset="http://www.arescotx.com/wp-content/uploads/saudi-oil-iStock-528616910-1024x768.jpg 1024w, http://www.arescotx.com/wp-content/uploads/saudi-oil-iStock-528616910-300x225.jpg 300w, http://www.arescotx.com/wp-content/uploads/saudi-oil-iStock-528616910-768x576.jpg 768w" sizes="(max-width: 400px) 100vw, 400px" /></a>If war broke out between Iran and Saudi Arabia directly, oil prices would immediately jump according to eToro investment analyst Mikhail Mashchenko. Mashchenko went on to say, &#8220;If Saudis and Iran attack each other&#8217;s oil facilities, crude prices can skyrocket to $300.&#8221; This article on the UK&#8217;s Express, &#8220;<a href="https://www.express.co.uk/news/world/880197/Iran-Saudi-Arabia-war-oil-price-world-economy-Yemen-conflict-barrel" target="_blank">War between Iran and Saudi Arabia would send oil price rocketing and WRECK world economy</a>&#8221; rings the &#8220;alarmist&#8221; bells and sets the world on fire.</p> <p>The qualifier to Mr. Mashchenko&#8217;s statement is the word, &#8220;if&#8221;, and it&#8217;s a very big if.</p> <p>Others have a different take. The arrests by the Crown Prince could be just an effort to <a href="https://seekingalpha.com/article/4126482-oil-prices-extreme-positioning-opec-pundits-screeching-iran-saudi-arabia-war" target="_blank">clean up</a> the kingdom and will not affect oil prices.</p> <p>Ellen R. Wald, Ph.D. believes the Saudi arrests, the Hoothi missile attack, and the resignation of the Lebanese PM are nothing more than a red herring and that the real geopolitical risk to the oil markets is actually in Iraq. Wald presents convincing arguments as to why Iran and Saudi Arabia will not go to war, but also how Iran is effectively taking over the <a href="https://www.investing.com/analysis/the-real-geopolitical-risk-for-oil-markets-200265241" target="_blank">oil policy</a> in Iraq. It&#8217;s an interesting article and well worth the read.</p> ]]></content:encoded> </item> </channel> </rss>