CINXE.COM

<!DOCTYPE HTML> <html lang="en-US" <head> <script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/","20210919211324","https://web.archive.org/","web","/_static/", "1632086004"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" />  <script type="text/javascript">if(!gform){document.addEventListener("gform_main_scripts_loaded",function(){gform.scriptsLoaded=!0}),window.addEventListener("DOMContentLoaded",function(){gform.domLoaded=!0});var gform={domLoaded:!1,scriptsLoaded:!1,initializeOnLoaded:function(o){gform.domLoaded&&gform.scriptsLoaded?o():!gform.domLoaded&&gform.scriptsLoaded?window.addEventListener("DOMContentLoaded",o):document.addEventListener("gform_main_scripts_loaded",o)},hooks:{action:{},filter:{}},addAction:function(o,n,r,t){gform.addHook("action",o,n,r,t)},addFilter:function(o,n,r,t){gform.addHook("filter",o,n,r,t)},doAction:function(o){gform.doHook("action",o,arguments)},applyFilters:function(o){return gform.doHook("filter",o,arguments)},removeAction:function(o,n){gform.removeHook("action",o,n)},removeFilter:function(o,n,r){gform.removeHook("filter",o,n,r)},addHook:function(o,n,r,t,i){null==gform.hooks[o][n]&&(gform.hooks[o][n]=[]);var e=gform.hooks[o][n];null==i&&(i=n+"_"+e.length),null==t&&(t=10),gform.hooks[o][n].push({tag:i,callable:r,priority:t})},doHook:function(o,n,r){if(r=Array.prototype.slice.call(r,1),null!=gform.hooks[o][n]){var t,i=gform.hooks[o][n];i.sort(function(o,n){return o.priority-n.priority});for(var e=0;e<i.length;e++)"function"!=typeof(t=i[e].callable)&&(t=window[t]),"action"==o?t.apply(null,r):r[0]=t.apply(null,r)}if("filter"==o)return r[0]},removeHook:function(o,n,r,t){if(null!=gform.hooks[o][n])for(var i=gform.hooks[o][n],e=i.length-1;0<=e;e--)null!=t&&t!=i[e].tag||null!=r&&r!=i[e].priority||i.splice(e,1)}}}</script> <meta charset="UTF-8"/> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <link rel="preconnect" href="https://web.archive.org/web/20210919211324/https://fonts.gstatic.com/"> <link href="https://web.archive.org/web/20210919211324cs_/https://fonts.googleapis.com/css2?family=Mulish:ital,wght@0,300;0,700;0,800;1,700;1,800&family=Open+Sans:ital,wght@0,400;0,700;1,400;1,700&display=swap" rel="stylesheet"> <link rel="stylesheet" href="https://web.archive.org/web/20210919211324cs_/https://use.fontawesome.com/releases/v5.4.1/css/all.css" integrity="" crossorigin="anonymous"> <link rel="shortcut icon" href="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/themes/aresco2021/favicon.png"/> <style type="text/css" media="screen"> @import url( https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/themes/aresco2021/style.css ); </style>    <link rel="alternate" type="application/rss+xml" title="RSS 2.0" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/feed/"/> <meta name="robots" content="index, follow, max-image-preview:large, max-snippet:-1, max-video-preview:-1"/>  <script data-cfasync="false" data-pagespeed-no-defer>//<![CDATA[ var gtm4wp_datalayer_name = "dataLayer"; var dataLayer = dataLayer || []; //]]> </script>   <title>Texas Drilling Permits Up Sharply in 2017 Vs. 2016</title> <meta name="description" content="Good news for oil investors as Texas drilling permits rise sharply in 2017 versus 2016 according to Ryan Sitton of the Railroad Commission of Texas."/> <link rel="canonical" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/"/> <meta property="og:locale" content="en_US"/> <meta property="og:type" content="article"/> <meta property="og:title" content="Texas Drilling Permits Up Sharply in 2017 Vs. 2016"/> <meta property="og:description" content="Good news for oil investors as Texas drilling permits rise sharply in 2017 versus 2016 according to Ryan Sitton of the Railroad Commission of Texas."/> <meta property="og:url" content="https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/"/> <meta property="og:site_name" content="Aresco LP Partners"/> <meta property="article:publisher" content="https://www.facebook.com/arescolp/"/> <meta property="article:published_time" content="2017-08-21T15:23:16+00:00"/> <meta property="article:modified_time" content="2021-03-16T19:46:09+00:00"/> <meta property="og:image" content="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/drilling-permits.jpg"/> <meta property="og:image:width" content="800"/> <meta property="og:image:height" content="422"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:creator" content="@ArescoLP"/> <meta name="twitter:site" content="@ArescoLP"/> <meta name="twitter:label1" content="Written by"/> <meta name="twitter:data1" content="SEOadmin"/> <meta name="twitter:label2" content="Est. reading time"/> <meta name="twitter:data2" content="4 minutes"/> <script type="application/ld+json" class="yoast-schema-graph">{"@context":"https://web.archive.org/web/20210919211324/https://schema.org","@graph":[{"@type":"Organization","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#organization","name":"Aresco LP","url":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/","sameAs":["https://web.archive.org/web/20210919211324/https://www.facebook.com/arescolp/","https://web.archive.org/web/20210919211324/https://www.linkedin.com/company/aresco-lp","https://web.archive.org/web/20210919211324/https://www.youtube.com/channel/UCA6GcWo3qNBKLWvNCeBTU3A","https://web.archive.org/web/20210919211324/https://twitter.com/ArescoLP"],"logo":{"@type":"ImageObject","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#logo","inLanguage":"en-US","url":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-content/uploads/Aresco_for_white.png","contentUrl":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-content/uploads/Aresco_for_white.png","width":437,"height":148,"caption":"Aresco LP"},"image":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#logo"}},{"@type":"WebSite","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#website","url":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/","name":"Aresco LP Partners","description":"","publisher":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#primaryimage","inLanguage":"en-US","url":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-content/uploads/drilling-permits.jpg","contentUrl":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-content/uploads/drilling-permits.jpg","width":800,"height":422,"caption":"Texas Drilling Permits Up in 2017 Vs 2016"},{"@type":"WebPage","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#webpage","url":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/","name":"Texas Drilling Permits Up Sharply in 2017 Vs. 2016","isPartOf":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#website"},"primaryImageOfPage":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#primaryimage"},"datePublished":"2017-08-21T15:23:16+00:00","dateModified":"2021-03-16T19:46:09+00:00","description":"Good news for oil investors as Texas drilling permits rise sharply in 2017 versus 2016 according to Ryan Sitton of the Railroad Commission of Texas.","breadcrumb":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/"]}]},{"@type":"BreadcrumbList","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/"},{"@type":"ListItem","position":2,"name":"Latest News","item":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/latest-news/"},{"@type":"ListItem","position":3,"name":"Texas Drilling Permits Up Sharply in 2017 Vs. 2016"}]},{"@type":"Article","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#article","isPartOf":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#webpage"},"author":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#/schema/person/1c485d78394ad18e5c5d0915638272af"},"headline":"Texas Drilling Permits Up Sharply in 2017 Vs. 2016","datePublished":"2017-08-21T15:23:16+00:00","dateModified":"2021-03-16T19:46:09+00:00","mainEntityOfPage":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#webpage"},"wordCount":556,"publisher":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#organization"},"image":{"@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/#primaryimage"},"thumbnailUrl":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-content/uploads/drilling-permits.jpg","keywords":["Crude Oil","Crude Oil Exports","Crude Oil Prices","Domestic Oil Production","Drilling Technology","Eagle Ford Shale","Eagle Ford Shale Production","Energy Information Administration (EIA)","Fracking","Investing in Texas Oil","Oil and Gas Investing","Oil Exploration","Oil Production","Permian Basin","Texas Oil Production","Texas Railroad Commission","U.S. Oil Production","Unconventional Drilling"],"articleSection":["Oil and Gas Current Events","Oil and Gas Fun Facts","Permian Basin Oil News","Texas Oil and Gas Investing"],"inLanguage":"en-US"},{"@type":"Person","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#/schema/person/1c485d78394ad18e5c5d0915638272af","name":"SEOadmin","image":{"@type":"ImageObject","@id":"https://web.archive.org/web/20210919211324/https://www.arescotx.com/#personlogo","inLanguage":"en-US","url":"https://web.archive.org/web/20210919211324/https://secure.gravatar.com/avatar/c160f34d21ceac5d529346023740fb80?s=96&d=mm&r=g","contentUrl":"https://web.archive.org/web/20210919211324/https://secure.gravatar.com/avatar/c160f34d21ceac5d529346023740fb80?s=96&d=mm&r=g","caption":"SEOadmin"}}]}</script>  <link rel="dns-prefetch" href="//web.archive.org/web/20210919211324/https://maps.googleapis.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20210919211324/https://s.w.org/"/> <script type="text/javascript"> window._wpemojiSettings = {"baseUrl":"https:\/\/web.archive.org\/web\/20210919211324\/https:\/\/s.w.org\/images\/core\/emoji\/13.0.1\/72x72\/","ext":".png","svgUrl":"https:\/\/web.archive.org\/web\/20210919211324\/https:\/\/s.w.org\/images\/core\/emoji\/13.0.1\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/web.archive.org\/web\/20210919211324\/https:\/\/www.arescotx.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=5.7.2"}}; !function(e,a,t){var n,r,o,i=a.createElement("canvas"),p=i.getContext&&i.getContext("2d");function s(e,t){var a=String.fromCharCode;p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,e),0,0);e=i.toDataURL();return p.clearRect(0,0,i.width,i.height),p.fillText(a.apply(this,t),0,0),e===i.toDataURL()}function c(e){var t=a.createElement("script");t.src=e,t.defer=t.type="text/javascript",a.getElementsByTagName("head")[0].appendChild(t)}for(o=Array("flag","emoji"),t.supports={everything:!0,everythingExceptFlag:!0},r=0;r<o.length;r++)t.supports[o[r]]=function(e){if(!p||!p.fillText)return!1;switch(p.textBaseline="top",p.font="600 32px Arial",e){case"flag":return s([127987,65039,8205,9895,65039],[127987,65039,8203,9895,65039])?!1:!s([55356,56826,55356,56819],[55356,56826,8203,55356,56819])&&!s([55356,57332,56128,56423,56128,56418,56128,56421,56128,56430,56128,56423,56128,56447],[55356,57332,8203,56128,56423,8203,56128,56418,8203,56128,56421,8203,56128,56430,8203,56128,56423,8203,56128,56447]);case"emoji":return!s([55357,56424,8205,55356,57212],[55357,56424,8203,55356,57212])}return!1}(o[r]),t.supports.everything=t.supports.everything&&t.supports[o[r]],"flag"!==o[r]&&(t.supports.everythingExceptFlag=t.supports.everythingExceptFlag&&t.supports[o[r]]);t.supports.everythingExceptFlag=t.supports.everythingExceptFlag&&!t.supports.flag,t.DOMReady=!1,t.readyCallback=function(){t.DOMReady=!0},t.supports.everything||(n=function(){t.readyCallback()},a.addEventListener?(a.addEventListener("DOMContentLoaded",n,!1),e.addEventListener("load",n,!1)):(e.attachEvent("onload",n),a.attachEvent("onreadystatechange",function(){"complete"===a.readyState&&t.readyCallback()})),(n=t.source||{}).concatemoji?c(n.concatemoji):n.wpemoji&&n.twemoji&&(c(n.twemoji),c(n.wpemoji)))}(window,document,window._wpemojiSettings); </script> <style type="text/css"> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 .07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <link rel="stylesheet" id="structured-content-frontend-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/structured-content/dist/blocks.style.build.css?ver=1.4.5" type="text/css" media="all"/> <link rel="stylesheet" id="wp-block-library-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-includes/css/dist/block-library/style.min.css?ver=5.7.2" type="text/css" media="all"/> <link rel="stylesheet" id="ccchildpagescss-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/cc-child-pages/includes/css/styles.css?ver=1.40" type="text/css" media="all"/> <link rel="stylesheet" id="ccchildpagesskincss-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/cc-child-pages/includes/css/skins.css?ver=1.40" type="text/css" media="all"/>  <link rel="stylesheet" id="responsive-lightbox-swipebox-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/swipebox.min.css?ver=2.3.2" type="text/css" media="all"/> <link rel="stylesheet" id="responsive-video-light-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/responsive-video-light/css/responsive-videos.css?ver=20130111" type="text/css" media="all"/> <link rel="stylesheet" id="UserAccessManagerLoginForm-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/user-access-manager/assets/css/uamLoginForm.css?ver=2.2.15" type="text/css" media="screen"/> <link rel="stylesheet" id="wpfront-scroll-top-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/wpfront-scroll-top/css/wpfront-scroll-top.min.css?ver=2.0.4.04013" type="text/css" media="all"/> <link rel="stylesheet" id="js_composer_custom_css-css" href="//web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/uploads/js_composer/custom.css?ver=6.6.0" type="text/css" media="all"/> <link rel="stylesheet" id="nextgen_widgets_style-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/widget/static/widgets.css?ver=3.11" type="text/css" media="all"/> <link rel="stylesheet" id="nextgen_basic_thumbnails_style-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/nextgen_basic_gallery/static/thumbnails/nextgen_basic_thumbnails.css?ver=3.11" type="text/css" media="all"/> <link rel="stylesheet" id="nextgen_basic_slideshow_style-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/nextgen_basic_gallery/static/slideshow/ngg_basic_slideshow.css?ver=3.11" type="text/css" media="all"/> <link rel="stylesheet" id="ubermenu-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/ubermenu/pro/assets/css/ubermenu.min.css?ver=3.2.5" type="text/css" media="all"/> <link rel="stylesheet" id="ubermenu-vanilla-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/ubermenu/assets/css/skins/vanilla.css?ver=5.7.2" type="text/css" media="all"/> <link rel="stylesheet" id="ubermenu-font-awesome-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/plugins/ubermenu/assets/css/fontawesome/css/font-awesome.min.css?ver=4.3" type="text/css" media="all"/> <link rel="stylesheet" id="bsf-Defaults-css" href="https://web.archive.org/web/20210919211324cs_/https://www.arescotx.com/wp-content/uploads/smile_fonts/Defaults/Defaults.css?ver=3.19.10" type="text/css" media="all"/> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-includes/js/jquery/jquery.min.js?ver=3.5.1" id="jquery-core-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-includes/js/jquery/jquery-migrate.min.js?ver=3.3.2" id="jquery-migrate-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/jquery.swipebox.min.js?ver=2.3.2" id="responsive-lightbox-swipebox-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-includes/js/underscore.min.js?ver=1.8.3" id="underscore-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/infinitescroll/infinite-scroll.pkgd.min.js?ver=5.7.2" id="responsive-lightbox-infinite-scroll-js"></script> <script type="text/javascript" id="responsive-lightbox-js-extra"> /* <![CDATA[ */ var rlArgs = {"script":"swipebox","selector":"lightbox","customEvents":"","activeGalleries":"1","animation":"1","hideCloseButtonOnMobile":"0","removeBarsOnMobile":"0","hideBars":"1","hideBarsDelay":"5000","videoMaxWidth":"1080","useSVG":"1","loopAtEnd":"0","woocommerce_gallery":"0","ajaxurl":"https:\/\/web.archive.org\/web\/20210919211324\/https:\/\/www.arescotx.com\/wp-admin\/admin-ajax.php","nonce":"ecd8dd0fc8"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/js/front.js?ver=2.3.2" id="responsive-lightbox-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-content/plugins/duracelltomi-google-tag-manager/js/gtm4wp-form-move-tracker.js?ver=1.13.1" id="gtm4wp-form-move-tracker-js"></script> <link rel="https://api.w.org/" href="https://www.arescotx.com/wp-json/"/><link rel="alternate" type="application/json" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-json/wp/v2/posts/16034"/><link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://www.arescotx.com/xmlrpc.php?rsd"/> <link rel="wlwmanifest" type="application/wlwmanifest+xml" href="https://www.arescotx.com/wp-includes/wlwmanifest.xml"/> <link rel="shortlink" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/?p=16034"/> <link rel="alternate" type="application/json+oembed" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.arescotx.com%2Ftexas-drilling-permits-up-sharply-in-2017-vs-2016%2F"/> <link rel="alternate" type="text/xml+oembed" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.arescotx.com%2Ftexas-drilling-permits-up-sharply-in-2017-vs-2016%2F&format=xml"/> <style id="ubermenu-custom-generated-css"> /** UberMenu Responsive Styles (Breakpoint Setting) **/ @media screen and (min-width: 1421px){ .ubermenu{ display:block !important; } .ubermenu-responsive .ubermenu-item.ubermenu-hide-desktop{ display:none !important; } .ubermenu-responsive.ubermenu-retractors-responsive .ubermenu-retractor-mobile{ display:none; } /* Force current submenu always open but below others */ .ubermenu-force-current-submenu .ubermenu-item-level-0.ubermenu-current-menu-item > .ubermenu-submenu-drop, .ubermenu-force-current-submenu .ubermenu-item-level-0.ubermenu-current-menu-ancestor > .ubermenu-submenu-drop { display: block!important; opacity: 1!important; visibility: visible!important; margin: 0!important; top: auto!important; height: auto; z-index:19; } /* Invert Horizontal menu to make subs go up */ .ubermenu-invert.ubermenu-horizontal .ubermenu-item-level-0 > .ubermenu-submenu-drop{ top:auto; bottom:100%; } .ubermenu-invert.ubermenu-horizontal.ubermenu-sub-indicators .ubermenu-item-level-0.ubermenu-has-submenu-drop > .ubermenu-target:after{ content:"\f106"; } /* Make second level flyouts fly up */ .ubermenu-invert.ubermenu-horizontal .ubermenu-submenu .ubermenu-item.ubermenu-active > .ubermenu-submenu-type-flyout{ top:auto; bottom:0; } /* Clip the submenus properly when inverted */ .ubermenu-invert.ubermenu-horizontal .ubermenu-item-level-0 > .ubermenu-submenu-drop{ clip: rect(-5000px,5000px,auto,-5000px); } /* Invert Vertical menu to make subs go left */ .ubermenu-invert.ubermenu-vertical .ubermenu-item-level-0 > .ubermenu-submenu-drop{ right:100%; left:auto; } .ubermenu-invert.ubermenu-vertical.ubermenu-sub-indicators .ubermenu-item-level-0.ubermenu-item-has-children > a.ubermenu-target:after{ right:auto; left:10px; margin-top:-7px; content:"\f104"; } .ubermenu-vertical.ubermenu-invert .ubermenu-item > .ubermenu-submenu-drop { clip: rect(-5000px,5000px,5000px,-5000px); } .ubermenu-responsive-toggle{ display:none; } } @media screen and (max-width: 1420px){ .ubermenu-responsive-toggle, .ubermenu-sticky-toggle-wrapper { display: block; } .ubermenu-responsive{ width:100%; max-height:500px; visibility:visible; overflow:visible; -webkit-transition:max-height 1s ease-in; transition:max-height .3s ease-in; } .ubermenu-responsive.ubermenu-items-align-center{ text-align:left; } .ubermenu-responsive.ubermenu{ margin:0; } .ubermenu-responsive.ubermenu .ubermenu-nav{ display:block; } .ubermenu-responsive.ubermenu-responsive-nocollapse, .ubermenu-repsonsive.ubermenu-no-transitions{ display:block; max-height:none; } .ubermenu-responsive.ubermenu-responsive-collapse{ max-height:none; visibility:visible; overflow:visible; } .ubermenu-responsive.ubermenu-responsive-collapse{ max-height:0; overflow:hidden !important; visibility:hidden; } .ubermenu-responsive.ubermenu-in-transition, .ubermenu-responsive.ubermenu-in-transition .ubermenu-nav{ overflow:hidden !important; visibility:visible; } .ubermenu-responsive.ubermenu-responsive-collapse:not(.ubermenu-in-transition){ border-top-width:0; border-bottom-width:0; } .ubermenu-responsive.ubermenu-responsive-collapse .ubermenu-item .ubermenu-submenu{ display:none; } .ubermenu-responsive .ubermenu-item-level-0{ width:50%; } .ubermenu-responsive.ubermenu-responsive-single-column .ubermenu-item-level-0{ float:none; clear:both; width:100%; } .ubermenu-responsive .ubermenu-item.ubermenu-item-level-0 > .ubermenu-target{ border:none; box-shadow:none; } .ubermenu-responsive .ubermenu-item.ubermenu-has-submenu-flyout{ position:static; } .ubermenu-responsive.ubermenu-sub-indicators .ubermenu-submenu-type-flyout .ubermenu-has-submenu-drop > .ubermenu-target:after{ content:"\f107"; } .ubermenu-responsive .ubermenu-nav .ubermenu-item .ubermenu-submenu.ubermenu-submenu-drop{ width:100%; min-width:100%; max-width:100%; top:auto; left:0 !important; } .ubermenu-responsive.ubermenu-has-border .ubermenu-nav .ubermenu-item .ubermenu-submenu.ubermenu-submenu-drop{ left: -1px !important; /* For borders */ } .ubermenu-responsive .ubermenu-submenu.ubermenu-submenu-type-mega > .ubermenu-item.ubermenu-column{ min-height:0; border-left:none; float:left; /* override left/center/right content alignment */ display:block; } .ubermenu-responsive .ubermenu-item.ubermenu-active > .ubermenu-submenu.ubermenu-submenu-type-mega{ max-height:none; height:auto;/*prevent overflow scrolling since android is still finicky*/ overflow:visible; } .ubermenu-responsive.ubermenu-transition-slide .ubermenu-item.ubermenu-in-transition > .ubermenu-submenu-drop{ max-height:1000px; /* because of slide transition */ } .ubermenu .ubermenu-submenu-type-flyout .ubermenu-submenu-type-mega{ min-height:0; } .ubermenu.ubermenu-responsive .ubermenu-column, .ubermenu.ubermenu-responsive .ubermenu-column-auto{ min-width:50%; } .ubermenu.ubermenu-responsive .ubermenu-autoclear > .ubermenu-column{ clear:none; } .ubermenu.ubermenu-responsive .ubermenu-column:nth-of-type(2n+1){ clear:both; } .ubermenu.ubermenu-responsive .ubermenu-submenu-retractor-top:not(.ubermenu-submenu-retractor-top-2) .ubermenu-column:nth-of-type(2n+1){ clear:none; } .ubermenu.ubermenu-responsive .ubermenu-submenu-retractor-top:not(.ubermenu-submenu-retractor-top-2) .ubermenu-column:nth-of-type(2n+2){ clear:both; } .ubermenu.ubermenu-responsive .ubermenu-tabs, .ubermenu.ubermenu-responsive .ubermenu-tabs-group, .ubermenu.ubermenu-responsive .ubermenu-tab, .ubermenu.ubermenu-responsive .ubermenu-tab-content-panel{ /** TABS SHOULD BE 100% ACCORDION */ width:100%; min-width:100%; max-width:100%; left:0; } .ubermenu.ubermenu-responsive .ubermenu-tabs, .ubermenu.ubermenu-responsive .ubermenu-tab-content-panel{ min-height:0 !important;/* Override Inline Style from JS */ } .ubermenu.ubermenu-responsive .ubermenu-tabs{ z-index:15; } .ubermenu.ubermenu-responsive .ubermenu-tab-content-panel{ z-index:20; } /* Tab Layering */ .ubermenu-responsive .ubermenu-tab{ position:relative; } .ubermenu-responsive .ubermenu-tab.ubermenu-active{ position:relative; z-index:20; } .ubermenu-responsive .ubermenu-tab > .ubermenu-target{ border-width:0 0 1px 0; } .ubermenu-responsive.ubermenu-sub-indicators .ubermenu-tabs > .ubermenu-tabs-group > .ubermenu-tab.ubermenu-has-submenu-drop > .ubermenu-target:after{ content:"\f107"; } .ubermenu-responsive .ubermenu-tabs > .ubermenu-tabs-group > .ubermenu-tab > .ubermenu-tab-content-panel{ top:auto; border-width:1px; } .ubermenu-responsive .ubermenu-tab-layout-bottom > .ubermenu-tabs-group{ /*position:relative;*/ } .ubermenu-reponsive .ubermenu-item-level-0 > .ubermenu-submenu-type-stack{ /* Top Level Stack Columns */ position:relative; } .ubermenu-responsive .ubermenu-submenu-type-stack .ubermenu-column, .ubermenu-responsive .ubermenu-submenu-type-stack .ubermenu-column-auto{ /* Stack Columns */ width:100%; max-width:100%; } .ubermenu-responsive .ubermenu-item-mini{ /* Mini items */ min-width:0; width:auto; float:left; clear:none !important; } .ubermenu-responsive .ubermenu-item.ubermenu-item-mini > a.ubermenu-target{ padding-left:20px; padding-right:20px; } .ubermenu-responsive .ubermenu-item.ubermenu-hide-mobile{ /* Hiding items */ display:none !important; } .ubermenu-responsive.ubermenu-hide-bkgs .ubermenu-submenu.ubermenu-submenu-bkg-img{ /** Hide Background Images in Submenu */ background-image:none; } .ubermenu.ubermenu-responsive .ubermenu-item-level-0.ubermenu-item-mini{ min-width:0; width:auto; } .ubermenu-vertical .ubermenu-item.ubermenu-item-level-0{ width:100%; } .ubermenu-vertical.ubermenu-sub-indicators .ubermenu-item-level-0.ubermenu-item-has-children > .ubermenu-target:after{ content:'\f107'; } .ubermenu-vertical .ubermenu-item.ubermenu-item-level-0.ubermenu-relative.ubermenu-active > .ubermenu-submenu-drop.ubermenu-submenu-align-vertical_parent_item{ top:auto; } .ubermenu-responsive-toggle{ display:block; } } @media screen and (max-width: 480px){ .ubermenu.ubermenu-responsive .ubermenu-item-level-0{ width:100%; } .ubermenu.ubermenu-responsive .ubermenu-column, .ubermenu.ubermenu-responsive .ubermenu-column-auto{ min-width:100%; } } /** UberMenu Custom Menu Styles (Customizer) **/ /* main */ .ubermenu-main { background-color:#000000; background:-webkit-gradient(linear,left top,left bottom,from(#000000),to(#000000)); background:-webkit-linear-gradient(top,#000000,#000000); background:-moz-linear-gradient(top,#000000,#000000); background:-ms-linear-gradient(top,#000000,#000000); background:-o-linear-gradient(top,#000000,#000000); background:linear-gradient(top,#000000,#000000); } .ubermenu-main .ubermenu-item-level-0 > .ubermenu-target { font-size:16px; text-transform:none; color:#ffffff; border:none; -webkit-box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); -moz-box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); -o-box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); padding-top:14px; padding-bottom:14px; padding-left:11px; padding-right:11px; } .ubermenu-main .ubermenu-nav .ubermenu-item.ubermenu-item-level-0 > .ubermenu-target { font-weight:normal; } .ubermenu.ubermenu-main .ubermenu-item-level-0:hover > .ubermenu-target, .ubermenu-main .ubermenu-item-level-0.ubermenu-active > .ubermenu-target { color:#00548d; } .ubermenu-main .ubermenu-item-level-0.ubermenu-current-menu-item > .ubermenu-target, .ubermenu-main .ubermenu-item-level-0.ubermenu-current-menu-parent > .ubermenu-target, .ubermenu-main .ubermenu-item-level-0.ubermenu-current-menu-ancestor > .ubermenu-target { color:#f29d27; } .ubermenu-main .ubermenu-item.ubermenu-item-level-0 > .ubermenu-highlight { color:#00548d; background:#f4f4f4; } .ubermenu-main .ubermenu-item-level-0.ubermenu-active > .ubermenu-target,.ubermenu-main .ubermenu-item-level-0:hover > .ubermenu-target { -webkit-box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); -moz-box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); -o-box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); box-shadow:inset 1px 0 0 0 rgba(255,255,255,0); } .ubermenu-main.ubermenu-sub-indicators .ubermenu-item-level-0.ubermenu-has-submenu-drop > .ubermenu-target:not(.ubermenu-noindicator) { padding-right:26px; } .ubermenu-main.ubermenu-sub-indicators .ubermenu-item-level-0.ubermenu-has-submenu-drop > .ubermenu-target.ubermenu-noindicator { padding-right:11px; } .ubermenu-main .ubermenu-item-normal > .ubermenu-target { color:#000000; font-size:14px; } .ubermenu.ubermenu-main .ubermenu-item-normal > .ubermenu-target:hover, .ubermenu.ubermenu-main .ubermenu-item-normal:hover > .ubermenu-target, .ubermenu.ubermenu-main .ubermenu-item-normal.ubermenu-active > .ubermenu-target { color:#00548d; } .ubermenu-main .ubermenu-item-normal.ubermenu-current-menu-item > .ubermenu-target { color:#f29d27; } .ubermenu.ubermenu-main .ubermenu-item-normal > .ubermenu-target:hover, .ubermenu.ubermenu-main .ubermenu-item-normal.ubermenu-active > .ubermenu-target { background-color:#e8e8e8; } .ubermenu-main .ubermenu-submenu-type-flyout > .ubermenu-item-normal > .ubermenu-target { border-bottom:1px solid #cccccc; } .ubermenu.ubermenu-main .ubermenu-tabs .ubermenu-tabs-group { background-color:#00548d; } .ubermenu.ubermenu-main .ubermenu-tab > .ubermenu-target { color:#ffffff; } .ubermenu.ubermenu-main .ubermenu-submenu .ubermenu-tab.ubermenu-active > .ubermenu-target { color:#ffffff; } .ubermenu.ubermenu-main .ubermenu-tab.ubermenu-active > .ubermenu-target { background-color:#00548d; } .ubermenu-responsive-toggle.ubermenu-responsive-toggle-main { font-size:16px; background:#ffffff; color:#000000; } .ubermenu-responsive-toggle.ubermenu-responsive-toggle-main:hover { background:#eaeaea; color:#000000; } /* Status: Loaded from Transient */ </style>  <script data-cfasync="false" data-pagespeed-no-defer>//<![CDATA[ var dataLayer_content = {"pagePostType":"post","pagePostType2":"single-post","pageCategory":["oil-and-gas-current-events","oil-and-gas-interesting-facts","permian-basin-oil-news","texas-oil-and-gas-investing","uncategorized"],"pageAttributes":["crude-oil","crude-oil-exports","crude-oil-prices","domestic-oil-production","drilling-technology","eagle-ford-shale","eagle-ford-shale-production","energy-information-administration-eia","fracking","investing-in-texas-oil","oil-and-gas-investing","oil-exploration","oil-production","permian-basin","texas-oil-production","texas-railroad-commission","u-s-oil-production","unconventional-drilling"],"pagePostAuthor":"SEOadmin"}; dataLayer.push( dataLayer_content );//]]> </script> <script data-cfasync="false">//<![CDATA[ (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= '//web.archive.org/web/20210919211324/https://www.googletagmanager.com/gtm.'+'js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-KCLCKNJ');//]]> </script>  <meta name="generator" content="Powered by WPBakery Page Builder - drag and drop page builder for WordPress."/> <link rel="icon" href="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/favicon.png" sizes="32x32"/> <link rel="icon" href="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/favicon.png" sizes="192x192"/> <link rel="apple-touch-icon" href="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/favicon.png"/> <meta name="msapplication-TileImage" content="https://www.arescotx.com/wp-content/uploads/favicon.png"/> <noscript><style> .wpb_animate_when_almost_visible { opacity: 1; }</style></noscript> </head> <body data-rsssl="1" class="post-template-default single single-post postid-16034 single-format-standard wpb-js-composer js-comp-ver-6.6.0 vc_responsive"> <script>(function(w,d,t,r,u){var f,n,i;w[u]=w[u]||[],f=function(){var o={ti:"5268574"};o.q=w[u],w[u]=new UET(o),w[u].push("pageLoad")},n=d.createElement(t),n.src=r,n.async=1,n.onload=n.onreadystatechange=function(){var s=this.readyState;s&&s!=="loaded"&&s!=="complete"||(f(),n.onload=n.onreadystatechange=null)},i=d.getElementsByTagName(t)[0],i.parentNode.insertBefore(n,i)})(window,document,"script","//web.archive.org/web/20210919211324/https://bat.bing.com/bat.js","uetq");</script><noscript><img src="//web.archive.org/web/20210919211324im_/https://bat.bing.com/action/0?ti=5268574&Ver=2" height="0" width="0" style="display:none; visibility: hidden;"/></noscript> <div id="header"> <div class="container-fluid"> <div class="row"> <div class="col-lg-2 col-md-3 col-sm-4 col-xs-8 logo"> <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/"><img src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/themes/aresco2021/images/aresco_lp_partners.jpg" width="243" height="84" alt="Aresco LP Energy"></a> </div> <div class="col-lg-2 col-lg-push-8 col-md-3 col-md-push-6 col-sm-3 col-sm-push-5 login"> <p><a href="https://web.archive.org/web/20210919211324/https://partners.arescotx.com/">PARTNER LOGIN</a></p> </div> <div class="col-lg-8 col-lg-pull-2 col-md-6 col-md-pull-3 col-sm-5 col-sm-pull-3 nav">  <a class="ubermenu-responsive-toggle ubermenu-responsive-toggle-main ubermenu-skin-vanilla ubermenu-loc-top-nav ubermenu-responsive-toggle-content-align-left ubermenu-responsive-toggle-align-full " data-ubermenu-target="ubermenu-main-3-top-nav"><i class="fa fa-bars"></i>Menu</a><nav id="ubermenu-main-3-top-nav" class="ubermenu ubermenu-nojs ubermenu-main ubermenu-menu-3 ubermenu-loc-top-nav ubermenu-responsive ubermenu-responsive-single-column ubermenu-responsive-1420 ubermenu-responsive-collapse ubermenu-horizontal ubermenu-transition-shift ubermenu-trigger-hover_intent ubermenu-skin-vanilla ubermenu-bar-align-full ubermenu-items-align-center ubermenu-bound ubermenu-disable-submenu-scroll ubermenu-sub-indicators ubermenu-retractors-responsive"><ul id="ubermenu-nav-main-3-top-nav" class="ubermenu-nav"><li id="menu-item-1997" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children ubermenu-item-1997 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/about-aresco/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">About</span></a><ul class="ubermenu-submenu ubermenu-submenu-id-1997 ubermenu-submenu-type-flyout ubermenu-submenu-drop ubermenu-submenu-align-left_edge_item"><li id="menu-item-25804" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-25804 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/about-aresco/"><span class="ubermenu-target-title ubermenu-target-text">About Us</span></a></li><li id="menu-item-6044" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-6044 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/leadership/"><span class="ubermenu-target-title ubermenu-target-text">Leadership</span></a></li><li id="menu-item-2587" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-2587 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/about-aresco/why-aresco/"><span class="ubermenu-target-title ubermenu-target-text">Why Aresco</span></a></li><li id="menu-item-2586" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-2586 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/about-aresco/why-invest-in-oil-and-gas/"><span class="ubermenu-target-title ubermenu-target-text">Why Oil & Gas</span></a></li><li id="menu-item-4950" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4950 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/about-aresco/oil-investing-tax-shelter/"><span class="ubermenu-target-title ubermenu-target-text">Oil Tax Breaks</span></a></li><li id="menu-item-25803" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-25803 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/about-aresco/well-informed-investors/"><span class="ubermenu-target-title ubermenu-target-text">Partner Communications</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fa fa-times"></i> Close</li></ul></li><li id="menu-item-2164" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-2164 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/oil-and-gas-investment-opportunities/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Projects</span></a></li><li id="menu-item-2126" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-2126 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/operations/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Areas of Interest</span></a></li><li id="menu-item-3132" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children ubermenu-item-3132 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" title="Texas Oil Well Photos & Videos" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Photos & Videos</span></a><ul class="ubermenu-submenu ubermenu-submenu-id-3132 ubermenu-submenu-type-flyout ubermenu-submenu-drop ubermenu-submenu-align-left_edge_item"><li id="menu-item-8067" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-8067 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/life-cycle-of-an-oil-well/"><span class="ubermenu-target-title ubermenu-target-text">Life Cycle of an Oil Well</span></a></li><li id="menu-item-4654" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4654 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/3d-rig-tour/"><span class="ubermenu-target-title ubermenu-target-text">Oil Rig 3D Virtual Tour</span></a></li><li id="menu-item-7222" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-7222 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/what-is-a-blowout-preventer/"><span class="ubermenu-target-title ubermenu-target-text">What is a blowout preventer?</span></a></li><li id="menu-item-4652" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4652 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/multi-formation-vertical-well-drilling-animation/"><span class="ubermenu-target-title ubermenu-target-text">Multi Formation Vertical Well Drilling Animation</span></a></li><li id="menu-item-4655" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4655 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/well-log-animation/"><span class="ubermenu-target-title ubermenu-target-text">Well Logging Animation</span></a></li><li id="menu-item-4656" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4656 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/salt-water-disposal-animation/"><span class="ubermenu-target-title ubermenu-target-text">Saltwater Disposal Wells Video Animation</span></a></li><li id="menu-item-4663" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4663 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/drilling-haskell-east-1-haskell-county-tx/"><span class="ubermenu-target-title ubermenu-target-text">Drilling Haskell East # 1 well</span></a></li><li id="menu-item-4662" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4662 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/dexter-trinidad-drilling-rig-houston-county/"><span class="ubermenu-target-title ubermenu-target-text">Dexter Trinidad Drilling Rig</span></a></li><li id="menu-item-4842" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4842 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/photos-videos/drilling-the-noodle-canyon-1-in-jones-county-texas/"><span class="ubermenu-target-title ubermenu-target-text">Noodle Canyon #1</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fa fa-times"></i> Close</li></ul></li><li id="menu-item-2334" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children ubermenu-item-2334 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/og-education-resources/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Resources</span></a><ul class="ubermenu-submenu ubermenu-submenu-id-2334 ubermenu-submenu-type-flyout ubermenu-submenu-drop ubermenu-submenu-align-left_edge_item"><li id="menu-item-4008" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4008 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/og-education-resources/frequently-asked-questions/"><span class="ubermenu-target-title ubermenu-target-text">Frequently Asked Oil and Gas Questions</span></a></li><li id="menu-item-4001" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4001 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/og-education-resources/oil-and-gas-quickfacts/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Facts – #QuickFacts</span></a></li><li id="menu-item-6343" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-6343 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/og-education-resources/self-directed-iras/"><span class="ubermenu-target-title ubermenu-target-text">Self-Directed IRA Alternative Investments</span></a></li><li id="menu-item-4002" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4002 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/og-education-resources/oil-and-gas-glossary/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Glossary of Terms</span></a></li><li id="menu-item-4003" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4003 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/og-education-resources/common-abbreviations/"><span class="ubermenu-target-title ubermenu-target-text">Common Abbreviations</span></a></li><li id="menu-item-9982" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-9982 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/og-education-resources/oil-and-gas-industry-quiz/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Industry Quiz</span></a></li><li id="menu-item-24660" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-24660 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/what-is-a-qib/"><span class="ubermenu-target-title ubermenu-target-text">QIB Definition</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fa fa-times"></i> Close</li></ul></li><li id="menu-item-5288" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children ubermenu-item-5288 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/oil-gas-industry-consulting-services/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Consulting</span></a><ul class="ubermenu-submenu ubermenu-submenu-id-5288 ubermenu-submenu-type-flyout ubermenu-submenu-drop ubermenu-submenu-align-left_edge_item"><li id="menu-item-5293" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5293 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/oil-gas-industry-consulting-services/oil-and-gas-investment-evaluation/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Investment Evaluation</span></a></li><li id="menu-item-5292" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5292 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/oil-gas-industry-consulting-services/geologic-field-appraisal/"><span class="ubermenu-target-title ubermenu-target-text">Geologic Field Appraisal</span></a></li><li id="menu-item-5291" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5291 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/oil-gas-industry-consulting-services/field-revitalization/"><span class="ubermenu-target-title ubermenu-target-text">Field Revitalization</span></a></li><li id="menu-item-5289" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5289 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/oil-gas-industry-consulting-services/submitting-an-investment-opportunity-evaluation-request/"><span class="ubermenu-target-title ubermenu-target-text">Investment Evaluation Request</span></a></li><li id="menu-item-5290" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5290 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/oil-gas-industry-consulting-services/submitting-a-prospect-review-request/"><span class="ubermenu-target-title ubermenu-target-text">Submit Prospect Review Request</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fa fa-times"></i> Close</li></ul></li><li id="menu-item-11034" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-11034 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/acquisitions/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Acquisitions</span></a></li><li id="menu-item-26053" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-current_page_parent ubermenu-item-26053 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/latest-news/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Blog</span></a></li><li id="menu-item-65" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-65 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/contact-us/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Contact</span></a></li></ul></nav>  </div> </div> </div> </div><div id="rotatortwo"> <div class="container"> <div class="row"> <div class="col-md-12 margintoptwo"> <h1>Texas Drilling Permits Up Sharply in 2017 Vs. 2016</h1> </div> </div> </div> </div> <script type="text/javascript"> var imgCount = 8; var dir = 'https://web.archive.org/web/20210919211324/https://www.arescotx.com/bgimages/'; var randomCount = Math.round(Math.random() * (imgCount - 1)) + 1; var images = new Array images[1] = "01.jpg", images[2] = "02.jpg", images[3] = "03.jpg", images[4] = "04.jpg", images[5] = "05.jpg", images[6] = "06.jpg", images[7] = "07.jpg", images[8] = "08.jpg", document.getElementById("rotatortwo").style.backgroundImage = "url(" + dir + images[randomCount] + ")"; </script> <div class="container content"> <div class="row"> <div class="col-lg-9 col-md-9 padright"> <p style="font-size:11px;margin-top:30px;">Monday, August 21st, 2017 and is filed under <a href="https://web.archive.org/web/20210919211324/https://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/20210919211324/https://www.arescotx.com/category/oil-and-gas-interesting-facts/" rel="category tag">Oil and Gas Fun Facts</a>, <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20210919211324/https://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/20210919211324/https://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <p><img loading="lazy" class="alignleft wp-image-16036" src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/drilling-permits.jpg" alt="Texas Drilling Permits Up in 2017 Vs 2016" width="325" height="171" srcset="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/drilling-permits.jpg 800w, https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/drilling-permits-300x158.jpg 300w, https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/drilling-permits-768x405.jpg 768w" sizes="(max-width: 325px) 100vw, 325px"/>Good news for Texas oil investors as Texas drilling permits rise sharply in 2017 versus 2016. According to Texas’ energy regulator, the Railroad Commission of Texas, original permits issued in July 2017 nearly doubled when compared to the same month in 2016. There were 1,011 original permits issued in July 2017 compared to 631 issued in July 2016. A majority of these were issued for the <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/the-history-of-permian-basin-oil/">Permian Basin</a>, one of the most desirable destinations for drilling. Texas holds the record in the United States for having the most productive drilling rigs. This trend will likely continue for as long as the outlook for U.S. gas and oil drilling remains strong. Texas oil producers will also continue to shell out additional capital to drill new wells.<span id="more-16034"></span></p> <p>The Permian Basin in Texas is the largest crude oil producing region in the United States. According to the <a href="https://web.archive.org/web/20210919211324/https://www.eia.gov/petroleum/drilling/?src=home-b1" target="_blank" rel="noopener noreferrer">Energy Information Administration</a>, production from the Permian Basin is expected to increase 2.5 percent, once the numbers from July come in, which translates to 2.5 million barrels per day. If the EIA’s prediction is proved to be on target, Eagle Ford production would also increase by about two percent to 1.38 million barrels per day.</p> <p><a href="https://web.archive.org/web/20210919211324/http://www.txoilinvestments.com/"><img loading="lazy" class="aligncenter size-full wp-image-4720" src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/investing-in-permian-basin-oil.jpg" alt="Investing in Texas Permian Basin Oil" width="600" height="200" srcset="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/investing-in-permian-basin-oil.jpg 600w, https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/investing-in-permian-basin-oil-300x100.jpg 300w" sizes="(max-width: 600px) 100vw, 600px"/></a></p> <p>The global consulting firm McKinsey & Co. reported that the high production of the Permian Basin, one of the most lucrative producers of shale oil in the country, could contribute to 20 percent of the growth by 2021 which will obviously lead to an increase in Texas drilling permits over the next few years. Improved efficiency will contribute to this growth in exploration.</p> <p>Noteworthy is the fact that although Texas drilling permits have sharply increased, well completions are down. Investors should, however, not be concerned. Producers may accumulate a large number of drilled, but uncompleted new wells at which point the viability of each well will be assessed on the basis of current crude prices, service costs, and production potential. Being able to make such an assessment gives producers an overview of which wells will be the most lucrative, allowing them to focus on those wells and delay production on wells that will not be as productive. By having a large number of uncompleted wells, production can be increased at the drop of a hat if demand or crude prices require such an increase.</p> <p><a href="https://web.archive.org/web/20210919211324/http://www.txoilinvestments.com/"><img loading="lazy" class="aligncenter size-full wp-image-4787" src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/uploads/permian-basin-investing-questions.gif" alt="Permian Basin Oil Investing Questions?" width="600" height="40"></a></p> <p>The Permian continues to attract new energy companies and this is great news for investors. Ryan Sitton, Commissioner for the Railroad Commission of Texas, predicts that crude prices will rise above <a href="https://web.archive.org/web/20210919211324/http://www.kiiitv.com/news/local/texas-railroad-commissioner-predicts-rise-in-price-of-oil/464955650" target="_blank" rel="noopener noreferrer">$60 per barrel</a> next year. That estimate has increased applications for Texas drilling permits as investors look to the future. Sitton goes on to predict that the Port of Corpus Christi will increase exports of crude from one million barrels per day to <a href="https://web.archive.org/web/20210919211324/http://www.kiiitv.com/news/local/texas-railroad-commissioner-predicts-rise-in-price-of-oil/464955650" target="_blank" rel="noopener noreferrer">three million</a> barrels per day. This would provide a much needed service to companies looking to sell their Texas sweet crude on the global market.</p> <p>Texas sets the standard in oil production that is recognized around the world. According to <a href="https://web.archive.org/web/20210919211324/https://medium.com/@RyanSitton/us-drilling-industry-particularly-in-texas-poised-for-burst-of-activity-growth-in-2017-e8085ddec8c8" target="_blank" rel="noopener noreferrer">Ryan Sitton</a>, Texas producers have developed new technologies and methodologies that have led to increased crude production thus enabling them to capitalize on opportunities that were once considered unobtainable. These innovations by Texas producers make the Permian Basin and Eagle Ford Shale attractive areas for oil and gas investors and with an expected rise in crude prices, this increases the positive outlook all the more.</p> <div class="nextpages"></div> <div style="padding-top:30px;"> <ul class="pager">  <li class="nav-previous"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/us-shale-production-on-record-setting-pace/" rel="next">Previous</a></li>  <li class="nav-bloghome"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/latest-news/"><span class="icon"></span>All Posts</a></li>  <li class="nav-next"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/trump-admin-removes-obama-era-fossil-fuels-valuation-rule/" rel="prev">Next</a></li> </ul> </div> <ul class="pager"> <li></li> <li></li> </ul> </div> <div class="col-lg-3 col-md-3 sidebar"> <p class="titles">Recent Posts</p> <ul> <li> <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/eagle-ford-shale-production-shattering-records-in-texas/">Eagle Ford Shale Production Numbers Luring Investors to the Region</a> </li> <li> <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/">Why invest in North American energy, and why now?</a> </li> <li> <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/texas-tops-oil-and-gas-investments/">Texas Tops Oil and Gas Investments</a> </li> <li> <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/vertical-wells-still-a-mainstay-of-oil-production-in-oklahoma/">Vertical Wells Still a Mainstay of Oil Production in Oklahoma</a> </li> <li> <a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/when-was-fracking-first-used/">When was fracking first used?</a> </li> </ul> <p class="titles">Categories</p> <ul> <li class="cat-item cat-item-14"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" title="New Mexico oil and gas investing news, blogs, and videos by Aresco LP. See why now is the time to invest in the oil and gas industry in New Mexico. ">New Mexico Oil and Gas Investing</a> </li> <li class="cat-item cat-item-6"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/category/oil-and-gas-current-events/" title="Aresco LP publishes oil and gas current events, technology news, and industry related news from around the world. Aresco is a privately held company. ">Oil and Gas Current Events</a> </li> <li class="cat-item cat-item-25"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/category/oil-and-gas-interesting-facts/" title="Oil and gas fun facts and interesting information. Each of these articles contain information sure to test your knowledge of the oil and gas industry. ">Oil and Gas Fun Facts</a> </li> <li class="cat-item cat-item-53"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/category/permian-basin-oil-news/" title="Get Permian Basin Oil News, articles, blogs, photos, and videos at Aresco LP! Aresco is a privately held oil and gas exploration and development company with working interests in Texas, New Mexico, Oklahoma, and the gulf coast region. ">Permian Basin Oil News</a> </li> <li class="cat-item cat-item-9"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/category/texas-oil-and-gas-investing/" title="Texas oil and gas investing news, blogs, and videos by Aresco LP. See why now is the time to invest in the oil and gas industry in the state of Texas. ">Texas Oil and Gas Investing</a> </li> <li class="cat-item cat-item-1"><a href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/category/uncategorized/" title="General blog category on Aresco LP's Oil and Gas Current Events blog.">Uncategorized</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-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/bakken-shale/" style="font-size:10.512820512821px" title="9 topics">Bakken Shale</a> <a class="tag-link-95 utcw-tag utcw-tag-crude-oil" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/crude-oil/" style="font-size:30px" title="47 topics">Crude Oil</a> <a class="tag-link-70 utcw-tag utcw-tag-crude-oil-export-ban" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/crude-oil-export-ban/" style="font-size:10px" title="8 topics">Crude Oil Export Ban</a> <a class="tag-link-105 utcw-tag utcw-tag-crude-oil-exports" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/crude-oil-exports/" style="font-size:10.512820512821px" title="9 topics">Crude Oil Exports</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/crude-oil-prices/" style="font-size:14.615384615385px" title="17 topics">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/domestic-oil-production/" style="font-size:15.641025641026px" title="19 topics">Domestic Oil Production</a> <a class="tag-link-101 utcw-tag utcw-tag-donald-j-trump" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/donald-j-trump/" style="font-size:10px" title="8 topics">Donald J Trump</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/drilling-technology/" style="font-size:13.589743589744px" title="15 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:20.769230769231px" title="29 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:10.512820512821px" title="9 topics">Eagle Ford Shale Production</a> <a class="tag-link-100 utcw-tag utcw-tag-energy-independence" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/energy-independence/" style="font-size:10.512820512821px" title="9 topics">Energy Independence</a> <a class="tag-link-16 utcw-tag utcw-tag-energy-information-administration-eia" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14.102564102564px" title="16 topics">Energy Information Administration (EIA)</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/fracking/" style="font-size:11.538461538462px" title="11 topics">Fracking</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/horizontal-drilling/" style="font-size:12.051282051282px" title="12 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:17.692307692308px" title="23 topics">Hydraulic Fracturing</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:11.025641025641px" title="10 topics">Investing in Texas Oil</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:14.615384615385px" title="17 topics">Oil and Gas Investing</a> <a class="tag-link-115 utcw-tag utcw-tag-oil-and-gas-technology" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/oil-and-gas-technology/" style="font-size:10px" title="8 topics">Oil and Gas Technology</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/oil-exploration/" style="font-size:10px" title="8 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/oil-production/" style="font-size:18.205128205128px" title="24 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/opec/" style="font-size:15.641025641026px" title="19 topics">OPEC</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/permian-basin/" style="font-size:28.461538461538px" title="44 topics">Permian Basin</a> <a class="tag-link-57 utcw-tag utcw-tag-shale-oil" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/shale-oil/" style="font-size:10px" title="8 topics">Shale Oil</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/texas-oil-production/" style="font-size:19.74358974359px" title="27 topics">Texas Oil Production</a> <a class="tag-link-37 utcw-tag utcw-tag-u-s-oil-production" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/tag/u-s-oil-production/" style="font-size:11.538461538462px" title="11 topics">U.S. Oil Production</a></div><p class="titles">Archives</p> <label class="screen-reader-text" for="archives-dropdown-3">Archives</label> <select id="archives-dropdown-3" name="archive-dropdown"> <option value="">Select Month</option> <option value="https://www.arescotx.com/2021/08/"> August 2021 </option> <option value="https://www.arescotx.com/2021/07/"> July 2021 </option> <option value="https://www.arescotx.com/2021/05/"> May 2021 </option> <option value="https://www.arescotx.com/2021/04/"> April 2021 </option> <option value="https://www.arescotx.com/2018/06/"> June 2018 </option> <option value="https://www.arescotx.com/2018/04/"> April 2018 </option> <option value="https://www.arescotx.com/2018/02/"> February 2018 </option> <option value="https://www.arescotx.com/2018/01/"> January 2018 </option> <option value="https://www.arescotx.com/2017/12/"> December 2017 </option> <option value="https://www.arescotx.com/2017/11/"> November 2017 </option> <option value="https://www.arescotx.com/2017/10/"> October 2017 </option> <option value="https://www.arescotx.com/2017/09/"> September 2017 </option> <option value="https://www.arescotx.com/2017/08/"> August 2017 </option> <option value="https://www.arescotx.com/2017/06/"> June 2017 </option> <option value="https://www.arescotx.com/2017/05/"> May 2017 </option> <option value="https://www.arescotx.com/2017/02/"> February 2017 </option> <option value="https://www.arescotx.com/2017/01/"> January 2017 </option> <option value="https://www.arescotx.com/2016/12/"> December 2016 </option> <option value="https://www.arescotx.com/2016/11/"> November 2016 </option> <option value="https://www.arescotx.com/2016/10/"> October 2016 </option> <option value="https://www.arescotx.com/2016/09/"> September 2016 </option> <option value="https://www.arescotx.com/2016/08/"> August 2016 </option> <option value="https://www.arescotx.com/2016/06/"> June 2016 </option> <option value="https://www.arescotx.com/2016/05/"> May 2016 </option> <option value="https://www.arescotx.com/2016/04/"> April 2016 </option> <option value="https://www.arescotx.com/2016/03/"> March 2016 </option> <option value="https://www.arescotx.com/2016/01/"> January 2016 </option> <option value="https://www.arescotx.com/2015/12/"> December 2015 </option> <option value="https://www.arescotx.com/2015/11/"> November 2015 </option> <option value="https://www.arescotx.com/2015/09/"> September 2015 </option> <option value="https://www.arescotx.com/2015/08/"> August 2015 </option> <option value="https://www.arescotx.com/2015/07/"> July 2015 </option> <option value="https://www.arescotx.com/2015/06/"> June 2015 </option> <option value="https://www.arescotx.com/2015/05/"> May 2015 </option> <option value="https://www.arescotx.com/2015/04/"> April 2015 </option> <option value="https://www.arescotx.com/2015/03/"> March 2015 </option> <option value="https://www.arescotx.com/2015/02/"> February 2015 </option> <option value="https://www.arescotx.com/2015/01/"> January 2015 </option> <option value="https://www.arescotx.com/2014/12/"> December 2014 </option> <option value="https://www.arescotx.com/2014/11/"> November 2014 </option> <option value="https://www.arescotx.com/2014/10/"> October 2014 </option> <option value="https://www.arescotx.com/2014/09/"> September 2014 </option> <option value="https://www.arescotx.com/2014/08/"> August 2014 </option> <option value="https://www.arescotx.com/2014/07/"> July 2014 </option> <option value="https://www.arescotx.com/2014/06/"> June 2014 </option> <option value="https://www.arescotx.com/2014/05/"> May 2014 </option> <option value="https://www.arescotx.com/2014/04/"> April 2014 </option> <option value="https://www.arescotx.com/2014/03/"> March 2014 </option> <option value="https://www.arescotx.com/2014/02/"> February 2014 </option> <option value="https://www.arescotx.com/2014/01/"> January 2014 </option> <option value="https://www.arescotx.com/2013/12/"> December 2013 </option> <option value="https://www.arescotx.com/2013/11/"> November 2013 </option> <option value="https://www.arescotx.com/2013/10/"> October 2013 </option> <option value="https://www.arescotx.com/2013/09/"> September 2013 </option> <option value="https://www.arescotx.com/2013/06/"> June 2013 </option> </select> <script type="text/javascript"> /* <![CDATA[ */ (function() { var dropdown = document.getElementById( "archives-dropdown-3" ); function onSelectChange() { if ( dropdown.options[ dropdown.selectedIndex ].value !== '' ) { document.location.href = this.options[ this.selectedIndex ].value; } } dropdown.onchange = onSelectChange; })(); /* ]]> */ </script> </div> </div> </div> <div id="footer"> <div class="container"> <div class="row" id="newdisclaimer"> <div class="col-md-12"> <p>This is not an offer to sell nor solicitation of an offer to buy any security. Such offer may only be made by a written prospectus in a jurisdiction wherein the offering is duly registered or exempt therefrom. This content is provided for informational purposes only. Nothing herein shall be construed as tax, legal, or accounting advice. Investing in oil and gas is highly speculative and could result in substantial losses. There are no guarantees that any returns will be achieved. Potential investors should consult their attorney, accountant, and financial advisors before investing in oil and gas.</p> </div> </div> <div class="row"> <div class="col-lg-3 col-md-6 col-sm-6"> <img src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/themes/aresco2021/images/aresco_lp_partners.jpg" width="243" height="84" alt="Aresco LP"> </div> <div class="col-lg-3 col-md-6 col-sm-6 newfooter"> <p>181 S Main Street, Suite 100<br> Prosper, TX 75078</p> </div> <div class="col-lg-4 col-md-6 col-sm-6 newfooter"> <p>Phone: 972-992-3127 / Fax: 972-992-3137</p> </div> <div class="col-lg-2 col-md-6 col-sm-6 newfooter socialmedia"> <a href="https://web.archive.org/web/20210919211324/https://www.facebook.com/Aresco-510139499068554/" target="_blank"><img src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/themes/aresco2021/images/facebook.png" width="44" height="43" alt="Facebook"></a><a href="https://web.archive.org/web/20210919211324/https://www.linkedin.com/company/aresco-lp" target="_blank"><img src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/themes/aresco2021/images/linkedin.png" width="44" height="43" alt="LinkedIn" class="social"></a><a href="https://web.archive.org/web/20210919211324/https://twitter.com/ArescoLP" target="_blank"><img src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/themes/aresco2021/images/twitter.png" width="44" height="43" alt="Twitter"></a> </p> </div> </div> </div> </div> <div id="newcopyright"> <p>© Copyright 2021 Aresco, LP. All rights reserved. Site by <a href="https://web.archive.org/web/20210919211324/https://www.a3kmarketing.com/" target="_blank" rel="nofollow">A3K Marketing.</a> Admin <a rel="nofollow" href="https://web.archive.org/web/20210919211324/https://www.arescotx.com/wp-login.php">Log in</a></div> <div id="wpfront-scroll-top-container"> <img src="https://web.archive.org/web/20210919211324im_/https://www.arescotx.com/wp-content/plugins/wpfront-scroll-top/images/icons/1.png" alt=""/> </div> <script type="text/javascript"> function wpfront_scroll_top_init() { if (typeof wpfront_scroll_top === "function" && typeof jQuery !== "undefined") { wpfront_scroll_top({"scroll_offset":100,"button_width":0,"button_height":0,"button_opacity":0.8000000000000000444089209850062616169452667236328125,"button_fade_duration":200,"scroll_duration":400,"location":1,"marginX":20,"marginY":20,"hide_iframe":false,"auto_hide":false,"auto_hide_after":2,"button_action":"top","button_action_element_selector":"","button_action_container_selector":"html, body","button_action_element_offset":0}); } else { setTimeout(wpfront_scroll_top_init, 100); } } wpfront_scroll_top_init(); </script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-content/plugins/wpfront-scroll-top/js/wpfront-scroll-top.min.js?ver=2.0.4.04013" id="wpfront-scroll-top-js"></script> <script type="text/javascript" src="//web.archive.org/web/20210919211324js_/https://maps.googleapis.com/maps/api/js" id="google-maps-js"></script> <script type="text/javascript" id="ubermenu-js-extra"> /* <![CDATA[ */ var ubermenu_data = {"remove_conflicts":"on","reposition_on_load":"off","intent_delay":"300","intent_interval":"100","intent_threshold":"7","scrollto_offset":"50","scrollto_duration":"1000","responsive_breakpoint":"1420","accessible":"on","retractor_display_strategy":"responsive","touch_off_close":"on","collapse_after_scroll":"on","v":"3.2.5","configurations":["main"],"ajax_url":"https:\/\/web.archive.org\/web\/20210919211324\/https:\/\/www.arescotx.com\/wp-admin\/admin-ajax.php","plugin_url":"https:\/\/web.archive.org\/web\/20210919211324\/https:\/\/www.arescotx.com\/wp-content\/plugins\/ubermenu\/"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-content/plugins/ubermenu/assets/js/ubermenu.min.js?ver=3.2.5" id="ubermenu-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20210919211324js_/https://www.arescotx.com/wp-includes/js/wp-embed.min.js?ver=5.7.2" id="wp-embed-js"></script> <script> (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script','//web.archive.org/web/20210919211324/https://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-46107884-1', 'arescotx.com'); ga('send', 'pageview'); </script> </body> </html>