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href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/will-opec-fueled-price-crater-spell-permian-extinction-not-a-chance/">Will OPEC-Fueled Price Crater Spell Permian Extinction? Not a Chance</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, December 9th, 2014 and is filed under <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <p><a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/wp-content/uploads/permian-oil-field-roughnecks.jpg" target="_blank" rel="lightbox-0"><img class="alignleft wp-image-5219 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150405034228im_/http://www.arescotx.com/wp-content/uploads/permian-oil-field-roughnecks-300x242.jpg" alt="Permian Oil Field Roughnecks" width="300" height="242"/></a>Much has been made of the recent per barrel oil price plunge, currently hovering below $70. Some speculate OPEC’s recent decision to keep the crude spigot flowing is the cartel’s play to smother America’s great oil boom. Keeping prices low by steadily flushing the market with crude—the thinking goes—<a title="OPEC won't stop US oil production growth" href="https://web.archive.org/web/20150405034228/http://www.cnbc.com/id/102234051#." target="_blank">makes production via fracking and horizontal drilling less viable</a>, triggering a cascade of capital pullback in the oilfield.</p> <p>Sure, there’s room for worry. Oil prices have plummeted more than 30 percent over the last several months. Add in the conventional wisdom that says “tight” oil production from shale ceases to be economical once the $80 per barrel price floor is breached. Question: How low can prices go before North American unconventional investment is throttled and projects start shutting down? Follow-up: Is the conventional wisdom on price even relevant? <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/will-opec-fueled-price-crater-spell-permian-extinction-not-a-chance/#more-5215" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/">Fracking Boom Driving Massive Industrialization in Louisiana</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, September 3rd, 2014 and is filed under <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" rel="category tag">New Mexico Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/sasol-gas-to-liquids-plant-lake-charles/" rel="attachment wp-att-4535"><img class="alignleft size-medium wp-image-4535" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150405034228im_/http://www.arescotx.com/wp-content/uploads/sasol-gas-to-liquids-plant-lake-charles-300x181.jpg" alt="Sasol Gas to Liquids Plant Lake Charles" width="300" height="181"/></a>Resource riches from Texas’ shale boom are <a title="Are we underestimating America's fracking boom?" href="https://web.archive.org/web/20150405034228/http://online.wsj.com/articles/are-we-underestimating-americas-fracking-boom-1401234486" target="_blank">reverberating in massive, game-changing ways</a>. Here’s one: South African energy giant Sasol’s vast gas-to-liquids plant in Lake Charles, Louisiana. Enticed by the prospect of cheap, abundant natural gas, <a title="Sasol" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/sasol/" target="_blank">Sasol</a> is sinking $21 billion into the largest manufacturing project in Louisiana history. Sasol’s venture may also end up as the largest single foreign investment project in U.S. history.</p> <p>Fed by gas harvested from the shale fields of Texas, the 3,034-acre energy complex—now breaking ground—will feature a $7 billion ethane cracker and a $14 billion <em><strong>gas to liquids plant</strong></em>. Operations are slated to begin in 2017 and once completed, the complex will produce 96,000 barrels of clean liquid fuels—primarily diesel—per day, and 1.5 million tons of ethylene annually. <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/#more-4534" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/">7 Reasons to Invest in Texas Oil</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, August 21st, 2014 and is filed under <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/reasons-to-invest-in-texas-oil-1/" target="_blank" rel="attachment wp-att-4429"><img class="alignleft wp-image-4429 size-medium" style="border: 0px none; margin: 5px 10px;" title="#1 Reason to Invest in Texas Oil" src="https://web.archive.org/web/20150405034228im_/http://www.arescotx.com/wp-content/uploads/reasons-to-invest-in-texas-oil-1-300x300.gif" alt="reasons-to-invest-in-texas-oil-1" width="300" height="300"/></a>As investors grow restless in today’s economic turmoil and volatile stock market, many are more willing than ever to abandon the traditional investment mainstream in search of potential high return investment opportunities with ongoing return on investment.</p> <p><a title="Horizontal Drilling" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/horizontal-drilling/" target="_blank">Horizontal drilling</a> and <a title="Hydraulic Fracturing" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/hydraulic-fracturing/" target="_blank">hydraulic fracturing</a> (<a title="Fracking" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/fracking/" target="_blank">fracking</a>) have been widely credited as the primary vehicle responsible for keeping the U.S. economy afloat during what has been dubbed “the great recession.” These technological advances have opened up shale plays in Texas that were previously considered unrecoverable because of economic considerations. Now, Texas is leading the way and is the number one oil producing state in the U.S.</p> <p>So, what does that mean for investors? To answer that, we’ve put together a list of 7 reasons to invest in Texas oil. <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/#more-4427" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/permian-basin-oil-news/">Permian Basin Oil News</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, August 12th, 2014 and is filed under <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <h2>Latest Permian Basin News</h2> <h3>Basin operators increase interest in shipping oil by rail</h3> <p style="padding-left: 30px;">Billions of dollars have been pouring into the Permian Basin in recent years as pipelines rush to help producers move their crude and natural gas to market.<br/> Despite the investment in new pipelines and gathering lines and expansion of existing lines, takeaway capacity remains tight and producers are increasingly turning to the railroads for relief.</p> <p style="padding-left: 30px;">Using trains to move crude to market is nothing new, points out Bruce Carswell, West Texas operations manager for Iowa Pacific Holdings. “There has been, over time, crude oil moving by rail out of the <a title="Permian Basin" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/permian-basin/" target="_blank">Permian Basin</a> almost since the beginning” of oil production, he said. <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/permian-basin-oil-news/#more-4363" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/unconventional-processes-are-driving-permian-basin-riches/">Unconventional Processes are Driving Permian Basin Riches</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, April 21st, 2014 and is filed under <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p><a title="Permian Basin Shale Oil Unconventional Drilling" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/permian-basin-on-track-to-be-top-shale-oil-producer/permian-basin-shale-oil/" target="_blank" rel="attachment wp-att-3039"><img class="alignleft size-full wp-image-3039" style="border: 0px none; margin: 5px 10px;" alt="Permian Basin Shale Oil Unconventional Drilling" src="https://web.archive.org/web/20150405034228im_/http://www.arescotx.com/wp-content/uploads/permian-basin-shale-oil.jpg" width="225" height="225"/></a>Orthodoxy is slowly being jettisoned in the <a title="Permian Basin" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/permian-basin/">Permian Basin</a>. As the oldest and most prolific hydrocarbon-producing region in the United States, the Permian is undergoing a surge in <a title="Unconventional Drilling" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/unconventional-drilling/">unconventional drilling</a>. Traditional vertical rigs represented 80 percent of the regions rig count in February 2011. That figure plunged <a title="Permian Basin Overview" href="https://web.archive.org/web/20150405034228/http://www.energyeconomist.com/a6257783p/exploration/detail/permian/Permian_Basin_Overview.html" target="_blank">to just 42 percent</a> by the end of the second week of April 2014.</p> <p>What’s driving the surge in unconventional production? Higher oil prices coupled with rich opportunities to significantly boost resource extraction are transforming the region, which began producing more than 90 years ago. To this add a cascade of technological breakthroughs that have dramatically shifted the production equation over the last half-decade. <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/unconventional-processes-are-driving-permian-basin-riches/#more-3693" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> </div><!-- end content --> <div id="sidebar"> <div id="flags" class="size"><ul id="sortable" class="ui-sortable" style="float:left"><li id="English"><a title="English" class="notranslate flag en"></a></li></ul></div><div id="google_language_translator"></div> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20150405034228/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/20150405034228/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/20150405034228/http://www.arescotx.com/aresco-vp-supporting-homes-for-our-troops/">Aresco VP Supporting Homes for Our Troops</a> </li> <li> <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/permian-basin-drilling/">Permian Basin Drilling</a> </li> <li> <a href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/office-closed-march-5th/">Office Closed – March 5th</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/20150405034228/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/20150405034228/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/20150405034228/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/20150405034228/http://www.arescotx.com/tag/bradley-winton/" style="font-size:10.8px" title="2 topics">Bradley Winton</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20150405034228/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/20150405034228/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10.8px" title="2 topics">Brazos Basin</a> <a class="tag-link-63 utcw-tag utcw-tag-bridgetex-pipeline" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/bridgetex-pipeline/" style="font-size:10px" title="1 topic">BridgeTex Pipeline</a> <a class="tag-link-61 utcw-tag utcw-tag-canyon-sandstone" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/canyon-sandstone/" style="font-size:10.8px" title="2 topics">Canyon Sandstone</a> <a class="tag-link-51 utcw-tag utcw-tag-corpus-christi" href="https://web.archive.org/web/20150405034228/http://www.arescotx.com/tag/corpus-christi/" style="font-size:10px" title="1 topic">Corpus Christi</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20150405034228/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/20150405034228/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/20150405034228/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/20150405034228/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/20150405034228/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:12.4px" title="4 topics">Eagle Ford Shale Production</a> <a 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