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Ideas</span>", "<span id='quote'>The exponential increase in Texas oil output over roughly the last three years has completely reversed the previous 23-year decline in the state’s oil production that took place from 1986 to 2009.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>In mid-2009, Texas was producing less than 20% of America’s domestic crude oil. 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ss-nav-menu-item-7 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/contact-us/"><span class="wpmega-link-title">Contact</span></a></li></ul></div></div> <div class="sidebarYellow"> </div> <div class="sidebarWhite"> <div class="text"> <div id="content">   <div class="entry"><h1><a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/">Permian Basin Canyon Sandstone Project Begins</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, October 7th, 2014 and is filed under <a href="https://web.archive.org/web/20150405034249/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/20150405034249/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <h3>Aresco LP begins Permian Basin field-extension project targeting the Canyon Sandstone</h3> <p><a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/permian-basin-canyon-sandstone/" target="_blank" rel="attachment wp-att-4699"><img class="alignleft wp-image-4699 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150405034249im_/http://www.arescotx.com/wp-content/uploads/permian-basin-canyon-sandstone-225x300.jpg" alt="Permian Basin Canyon Sandstone Project" width="225" height="300"/></a>(Dallas, Texas) –– Aresco LP, a privately held exploration and production company, today announced drilling has begun on the Noodle Canyon #1-H in Jones County, Texas. The 4,500’ vertical development project targets the <a title="Canyon Sandstone" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/canyon-sandstone/">Canyon Sandstone</a>, a conventional stacked play featuring five intervals along with three other potential pay zones.</p> <p>“The <a title="Noodle Canyon" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/noodle-canyon/">Noodle Canyon</a> #1 is just one of several conventional projects underway for us in Texas,” said <a title="Brandon Laxton" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/brandon-laxton/">Brandon Laxton</a>, President and CEO of Aresco LP. “While unconventional exploration may get all the headlines, we are finding success exploiting conventional fields with years of proven production, which helps manage the exploration risk for our operating and capital partners. We benefit from the decades of production and decline curve data available in the area and increase our overall potential with the addition of modern efficiencies in drilling and completion.” <a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/#more-4696" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249im_/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/20150405034249/http://www.arescotx.com/tag/horizontal-drilling/" target="_blank">Horizontal drilling</a> and <a title="Hydraulic Fracturing" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/hydraulic-fracturing/" target="_blank">hydraulic fracturing</a> (<a title="Fracking" href="https://web.archive.org/web/20150405034249/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/20150405034249/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/#more-4427" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/five-states-and-the-gulf-of-mexico-produce-more-than-80-of-u-s-crude-oil/">Five states and the Gulf of Mexico produce more than 80% of U.S. crude oil</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, April 10th, 2014 and is filed under <a href="https://web.archive.org/web/20150405034249/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/20150405034249/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p>Crude oil production in Texas has grown from 25% of U.S. oil production to 35%. Production in the Permian Basin has been the driving factor behind this substantial increase.</p> <p>North Dakota’s Bakken Shale area is also a major producer in U.S. oil production with a 12% share overall. <a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/five-states-and-the-gulf-of-mexico-produce-more-than-80-of-u-s-crude-oil/#more-3654" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/">Why invest in North American energy, and why now?</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, February 18th, 2014 and is filed under <a href="https://web.archive.org/web/20150405034249/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/20150405034249/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/20150405034249/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a title="Investing in Texas Oil" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/investing-in-texas-oil/" target="_blank" rel="attachment wp-att-3508"><img class="alignleft wp-image-3508" style="border: 0px none; margin: 5px 10px;" alt="Investing in Texas Oil" src="https://web.archive.org/web/20150405034249im_/http://www.arescotx.com/wp-content/uploads/investing-in-texas-oil.jpg" width="175" height="263"/></a>As 2014 opens, the North American energy revolution continues to help our economy and provide compelling investment opportunities across the energy value chain.</p> <p>North American crude oil production topped 8 million barrels per day (bbl/d) in 2013 and production is on pace to reach 9.3 bbl/d by 2015, the highest level in 43 years. At the same time, the U.S. is now producing enough natural gas to meet its needs independent of imports. This results in improving business fundamentals for companies spanning the energy value chain — from the exploration and productions companies producing these valuable resources to the pipeline and related infrastructure companies that transport oil and gas to the end users. <a href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/#more-3506" class="more-link">Read More</a></p> </div>  </div> <div id="sidebar"> <div id="flags" class="size"><ul id="sortable" class="ui-sortable" style="float:left"><li id="English"><a title="English" class="notranslate flag en"></a></li></ul></div><div id="google_language_translator"></div> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/http://www.arescotx.com/permian-basin-drilling/">Permian Basin Drilling</a> </li> <li> <a href="https://web.archive.org/web/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/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/20150405034249/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:12.4px" title="4 topics">Eagle Ford Shale Production</a> <a class="tag-link-16 utcw-tag utcw-tag-energy-information-administration-eia" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14px" title="6 topics">Energy Information Administration (EIA)</a> <a class="tag-link-36 utcw-tag utcw-tag-energy-production" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/energy-production/" style="font-size:10.8px" title="2 topics">Energy Production</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/fracking/" style="font-size:13.2px" title="5 topics">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/gas-prices/" style="font-size:10.8px" title="2 topics">Gas Prices</a> <a class="tag-link-58 utcw-tag utcw-tag-gas-to-liquids" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/gas-to-liquids/" style="font-size:10px" title="1 topic">Gas to Liquids</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:17.2px" title="10 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:22.8px" title="17 topics">Hydraulic Fracturing</a> <a class="tag-link-67 utcw-tag utcw-tag-international-energy-agency" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/international-energy-agency/" style="font-size:10px" title="1 topic">International Energy Agency</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:12.4px" title="4 topics">Investing in Texas Oil</a> <a class="tag-link-4 utcw-tag utcw-tag-keystone-pipeline" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:10.8px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-49 utcw-tag utcw-tag-mexico-eagle-ford" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:11.6px" title="3 topics">Mexico Eagle Ford</a> <a class="tag-link-45 utcw-tag utcw-tag-mexico-national-hydrocarbons-commission" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/mexico-national-hydrocarbons-commission/" style="font-size:10px" title="1 topic">Mexico National Hydrocarbons Commission</a> <a class="tag-link-18 utcw-tag utcw-tag-natural-gas-production" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:12.4px" title="4 topics">Natural Gas Production</a> <a class="tag-link-62 utcw-tag utcw-tag-noodle-canyon" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/noodle-canyon/" style="font-size:10px" title="1 topic">Noodle Canyon</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:18px" title="11 topics">Oil and Gas Investing</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/oil-exploration/" style="font-size:14px" title="6 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20150405034249/http://www.arescotx.com/tag/oil-production/" style="font-size:21.2px" 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