CINXE.COM

<!DOCTYPE HTML> <html lang="en-US" prefix="og: https://ogp.me/ns#" <head> <meta charset="UTF-8"/> <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/us-shale-production-on-record-setting-pace/","20201031164740","https://web.archive.org/","web","/_static/", "1604162860"); </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" />  <title>US Shale Production on Record-Setting Pace</title> <meta name="viewport" content="width=device-width, initial-scale=1.0"> <link href="https://web.archive.org/web/20201031164740cs_/https://fonts.googleapis.com/css?family=Montserrat:400,700|Droid+Sans:400,700|Droid+Serif:400,400italic,700" rel="stylesheet" type="text/css"> <link rel="shortcut icon" href="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/themes/aresco2016/favicon.png"/> <style type="text/css" media="screen"> @import url( https://web.archive.org/web/20201031164740cs_/https://www.arescotx.com/wp-content/themes/aresco2016/style.css ); </style>    <link rel="alternate" type="application/rss+xml" title="RSS 2.0" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/feed/"/>    <script data-cfasync="false" data-pagespeed-no-defer>//<![CDATA[ var gtm4wp_datalayer_name = "dataLayer"; var dataLayer = dataLayer || []; //]]> </script>   <meta name="description" content="US shale production is on a record-setting pace, but is that good for oil investors or are domestic producers playing right into the hands of OPEC?"/> <meta name="keywords" content="us shale production"/> <script type="application/ld+json" class="aioseop-schema">{"@context":"https://web.archive.org/web/20201031164740/https://schema.org","@graph":[{"@type":"Organization","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/#organization","url":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/","name":"Aresco","sameAs":[]},{"@type":"WebSite","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/#website","url":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/","name":"Aresco","publisher":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/#organization"}},{"@type":"WebPage","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#webpage","url":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/","inLanguage":"en-US","name":"US Shale Production on Record-Setting Pace","isPartOf":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/#website"},"breadcrumb":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#breadcrumblist"},"description":"US shale production is on a record-setting pace, but is that good for oil investors or are domestic producers playing right into the hands of OPEC?","image":{"@type":"ImageObject","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#primaryimage","url":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg","width":450,"height":300},"primaryImageOfPage":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#primaryimage"},"datePublished":"2017-08-30T13:29:17+00:00","dateModified":"2018-01-17T15:50:52+00:00"},{"@type":"Article","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#article","isPartOf":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#webpage"},"author":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/author/seoadmin/#author"},"headline":"US Shale Production on Record-Setting Pace","datePublished":"2017-08-30T13:29:17+00:00","dateModified":"2018-01-17T15:50:52+00:00","commentCount":0,"mainEntityOfPage":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#webpage"},"publisher":{"@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/#organization"},"articleSection":"New Mexico Oil and Gas Investing, Oil and Gas Current Events, Oil and Gas Interesting Facts, Permian Basin Oil News, Texas Oil and Gas Investing, Anadarko Basin, Aresco LP, Bakken Shale, Barnett Shale, Brazos Basin, Crude Oil, Crude Oil Exports, Crude Oil Prices, Domestic Oil Production, Drilling Technology, Eagle Ford Shale, Eagle Ford Shale Production, Energy Information Administration (EIA), Energy Investing, Energy Production, Haynesville Shale, Horizontal Drilling, Investing in Texas Oil, Karnes County Oil, Light Sweet Crude, Noodle Canyon, Oil and Gas Investing, Oil Exploration, Oil Market, Oil Production, Oil Shale, OPEC, Permian Basin, Saudi Arabia, Shale Boom, Shale Oil, Shale Production, Sweet Crude Oil, Texas Oil Production, Unconventional Drilling, West Texas Intermediate","image":{"@type":"ImageObject","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#primaryimage","url":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg","width":450,"height":300}},{"@type":"Person","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/author/seoadmin/#author","name":"SEOadmin","sameAs":[],"image":{"@type":"ImageObject","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/#personlogo","url":"https://web.archive.org/web/20201031164740/https://secure.gravatar.com/avatar/c160f34d21ceac5d529346023740fb80?s=96&d=mm&r=g","width":96,"height":96,"caption":"SEOadmin"}},{"@type":"BreadcrumbList","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/#breadcrumblist","itemListElement":[{"@type":"ListItem","position":1,"item":{"@type":"WebPage","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/","url":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/","name":"Oil and Gas Investment Opportunities at Aresco LP"}},{"@type":"ListItem","position":2,"item":{"@type":"WebPage","@id":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/","url":"https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/","name":"US Shale Production on Record-Setting Pace"}}]}]}</script> <link rel="canonical" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/"/> <meta property="og:type" content="article"/> <meta property="og:title" content="US Shale Production on Record-Setting Pace"/> <meta property="og:description" content="US shale production is on a record-setting pace, but is that good for oil investors or are domestic producers playing right into the hands of OPEC?"/> <meta property="og:url" content="https://web.archive.org/web/20201031164740/https://www.arescotx.com/us-shale-production-on-record-setting-pace/"/> <meta property="og:site_name" content="Aresco"/> <meta property="og:image" content="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg"/> <meta property="fb:admins" content="510139499068554"/> <meta property="fb:app_id" content="348166552319392"/> <meta property="article:published_time" content="2017-08-30T13:29:17Z"/> <meta property="article:modified_time" content="2018-01-17T15:50:52Z"/> <meta property="og:image:secure_url" content="https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg"/> <meta name="twitter:card" content="summary_large_image"/> <meta name="twitter:site" content="@ArescoLP"/> <meta name="twitter:domain" content="arescotx.com"/> <meta name="twitter:title" content="US Shale Production on Record-Setting Pace"/> <meta name="twitter:description" content="US shale production is on a record-setting pace, but is that good for oil investors or are domestic producers playing right into the hands of OPEC?"/> <meta name="twitter:image" content="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg"/>  <link rel="dns-prefetch" href="//web.archive.org/web/20201031164740/https://maps.googleapis.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20201031164740/https://s.w.org/"/> <script type="text/javascript"> window._wpemojiSettings = {"baseUrl":"https:\/\/web.archive.org\/web\/20201031164740\/https:\/\/s.w.org\/images\/core\/emoji\/13.0.0\/72x72\/","ext":".png","svgUrl":"https:\/\/web.archive.org\/web\/20201031164740\/https:\/\/s.w.org\/images\/core\/emoji\/13.0.0\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/web.archive.org\/web\/20201031164740\/https:\/\/www.arescotx.com\/wp-includes\/js\/wp-emoji-release.min.js?ver=5.5.1"}}; !function(e,a,t){var r,n,o,i,p=a.createElement("canvas"),s=p.getContext&&p.getContext("2d");function c(e,t){var a=String.fromCharCode;s.clearRect(0,0,p.width,p.height),s.fillText(a.apply(this,e),0,0);var r=p.toDataURL();return s.clearRect(0,0,p.width,p.height),s.fillText(a.apply(this,t),0,0),r===p.toDataURL()}function l(e){if(!s||!s.fillText)return!1;switch(s.textBaseline="top",s.font="600 32px Arial",e){case"flag":return!c([127987,65039,8205,9895,65039],[127987,65039,8203,9895,65039])&&(!c([55356,56826,55356,56819],[55356,56826,8203,55356,56819])&&!c([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!c([55357,56424,8205,55356,57212],[55357,56424,8203,55356,57212])}return!1}function d(e){var t=a.createElement("script");t.src=e,t.defer=t.type="text/javascript",a.getElementsByTagName("head")[0].appendChild(t)}for(i=Array("flag","emoji"),t.supports={everything:!0,everythingExceptFlag:!0},o=0;o<i.length;o++)t.supports[i[o]]=l(i[o]),t.supports.everything=t.supports.everything&&t.supports[i[o]],"flag"!==i[o]&&(t.supports.everythingExceptFlag=t.supports.everythingExceptFlag&&t.supports[i[o]]);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()})),(r=t.source||{}).concatemoji?d(r.concatemoji):r.wpemoji&&r.twemoji&&(d(r.twemoji),d(r.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="wp-block-library-css" href="https://web.archive.org/web/20201031164740cs_/https://www.arescotx.com/wp-includes/css/dist/block-library/style.min.css?ver=5.5.1" type="text/css" media="all"/> <link rel="stylesheet" id="responsive-lightbox-swipebox-css" href="https://web.archive.org/web/20201031164740cs_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/swipebox.min.css?ver=2.2.3" type="text/css" media="all"/> <link rel="stylesheet" id="responsive-video-light-css" href="https://web.archive.org/web/20201031164740cs_/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="rs-plugin-settings-css" href="https://web.archive.org/web/20201031164740cs_/https://www.arescotx.com/wp-content/plugins/revslider/public/assets/css/rs6.css?ver=6.2.23" type="text/css" media="all"/> <style id="rs-plugin-settings-inline-css" type="text/css"> #rs-demo-id {} </style> <link rel="stylesheet" id="js_composer_custom_css-css" href="//web.archive.org/web/20201031164740cs_/https://www.arescotx.com/wp-content/uploads/js_composer/custom.css?ver=6.4.1" type="text/css" media="all"/> <link rel="stylesheet" id="ubermenu-css" href="https://web.archive.org/web/20201031164740cs_/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/20201031164740cs_/https://www.arescotx.com/wp-content/plugins/ubermenu/assets/css/skins/vanilla.css?ver=5.5.1" type="text/css" media="all"/> <link rel="stylesheet" id="ubermenu-font-awesome-css" href="https://web.archive.org/web/20201031164740cs_/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/20201031164740cs_/https://www.arescotx.com/wp-content/uploads/smile_fonts/Defaults/Defaults.css?ver=3.19.6" type="text/css" media="all"/> <link rel="stylesheet" id="UserAccessManagerAdmin-css" href="https://web.archive.org/web/20201031164740cs_/https://www.arescotx.com/wp-content/plugins/user-access-manager/css/uamAdmin.css?ver=1.0" type="text/css" media="screen"/> <link rel="stylesheet" id="UserAccessManagerLoginForm-css" href="https://web.archive.org/web/20201031164740cs_/https://www.arescotx.com/wp-content/plugins/user-access-manager/css/uamLoginForm.css?ver=1.0" type="text/css" media="screen"/> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-includes/js/jquery/jquery.js?ver=1.12.4-wp" id="jquery-core-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/jquery.swipebox.min.js?ver=2.2.3" id="responsive-lightbox-swipebox-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/infinitescroll/infinite-scroll.pkgd.min.js?ver=5.5.1" 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\/20201031164740\/https:\/\/www.arescotx.com\/wp-admin\/admin-ajax.php","nonce":"066ceda56e"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-content/plugins/responsive-lightbox/js/front.js?ver=2.2.3" id="responsive-lightbox-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-content/plugins/revslider/public/assets/js/rbtools.min.js?ver=6.2.23" id="tp-tools-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-content/plugins/revslider/public/assets/js/rs6.min.js?ver=6.2.23" id="revmin-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-content/plugins/duracelltomi-google-tag-manager/js/gtm4wp-form-move-tracker.js?ver=1.11.5" id="gtm4wp-form-move-tracker-js"></script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/https://www.arescotx.com/wp-content/plugins/user-access-manager/js/functions.js?ver=5.5.1" id="UserAccessManagerFunctions-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/20201031164740/https://www.arescotx.com/wp-json/wp/v2/posts/16105"/><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="prev" title="Texas Drilling Permits Up Sharply in 2017 Vs. 2016" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/"/> <link rel="next" title="Permian Crude Fuels Oil Exports from Corpus Christi & Houston" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/permian-crude-fuels-oil-exports-from-corpus-christi-houston/"/> <link rel="shortlink" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/?p=16105"/> <link rel="alternate" type="application/json+oembed" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.arescotx.com%2Fus-shale-production-on-record-setting-pace%2F"/> <link rel="alternate" type="text/xml+oembed" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fwww.arescotx.com%2Fus-shale-production-on-record-setting-pace%2F&format=xml"/> <style id="ubermenu-custom-generated-css"> /** UberMenu Custom Menu Styles (Customizer) **/ /* main */ .ubermenu-main { background:#ffffff; } .ubermenu-main .ubermenu-item-level-0 > .ubermenu-target { font-size:14px; text-transform:uppercase; color:#000000; -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:15px; padding-bottom:15px; padding-left:12px; padding-right:12px; } .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:#00548d; } .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:27px; } .ubermenu-main.ubermenu-sub-indicators .ubermenu-item-level-0.ubermenu-has-submenu-drop > .ubermenu-target.ubermenu-noindicator { padding-right:12px; } .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:#727272; } .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":["new-mexico-oil-and-gas-investing","oil-and-gas-current-events","oil-and-gas-interesting-facts","permian-basin-oil-news","texas-oil-and-gas-investing"],"pageAttributes":["anadarko-basin","aresco-lp","bakken-shale","barnett-shale","brazos-basin","crude-oil","crude-oil-exports","crude-oil-prices","domestic-oil-production","drilling-technology","eagle-ford-shale","eagle-ford-shale-production","energy-information-administration-eia","energy-investing","energy-production","haynesville-shale","horizontal-drilling","investing-in-texas-oil","karnes-county-oil","light-sweet-crude","noodle-canyon","oil-and-gas-investing","oil-exploration","oil-market","oil-production","oil-shale","opec","permian-basin","saudi-arabia","shale-boom","shale-oil","shale-production","sweet-crude-oil","texas-oil-production","unconventional-drilling","west-texas-intermediate"],"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/20201031164740/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."/> <meta name="generator" content="Powered by Slider Revolution 6.2.23 - responsive, Mobile-Friendly Slider Plugin for WordPress with comfortable drag and drop interface."/> <script type="text/javascript">function setREVStartSize(e){ //window.requestAnimationFrame(function() { window.RSIW = window.RSIW===undefined ? window.innerWidth : window.RSIW; window.RSIH = window.RSIH===undefined ? window.innerHeight : window.RSIH; try { var pw = document.getElementById(e.c).parentNode.offsetWidth, newh; pw = pw===0 || isNaN(pw) ? window.RSIW : pw; e.tabw = e.tabw===undefined ? 0 : parseInt(e.tabw); e.thumbw = e.thumbw===undefined ? 0 : parseInt(e.thumbw); e.tabh = e.tabh===undefined ? 0 : parseInt(e.tabh); e.thumbh = e.thumbh===undefined ? 0 : parseInt(e.thumbh); e.tabhide = e.tabhide===undefined ? 0 : parseInt(e.tabhide); e.thumbhide = e.thumbhide===undefined ? 0 : parseInt(e.thumbhide); e.mh = e.mh===undefined || e.mh=="" || e.mh==="auto" ? 0 : parseInt(e.mh,0); if(e.layout==="fullscreen" || e.l==="fullscreen") newh = Math.max(e.mh,window.RSIH); else{ e.gw = Array.isArray(e.gw) ? e.gw : [e.gw]; for (var i in e.rl) if (e.gw[i]===undefined || e.gw[i]===0) e.gw[i] = e.gw[i-1]; e.gh = e.el===undefined || e.el==="" || (Array.isArray(e.el) && e.el.length==0)? e.gh : e.el; e.gh = Array.isArray(e.gh) ? e.gh : [e.gh]; for (var i in e.rl) if (e.gh[i]===undefined || e.gh[i]===0) e.gh[i] = e.gh[i-1]; var nl = new Array(e.rl.length), ix = 0, sl; e.tabw = e.tabhide>=pw ? 0 : e.tabw; e.thumbw = e.thumbhide>=pw ? 0 : e.thumbw; e.tabh = e.tabhide>=pw ? 0 : e.tabh; e.thumbh = e.thumbhide>=pw ? 0 : e.thumbh; for (var i in e.rl) nl[i] = e.rl[i]<window.RSIW ? 0 : e.rl[i]; sl = nl[0]; for (var i in nl) if (sl>nl[i] && nl[i]>0) { sl = nl[i]; ix=i;} var m = pw>(e.gw[ix]+e.tabw+e.thumbw) ? 1 : (pw-(e.tabw+e.thumbw)) / (e.gw[ix]); newh = (e.gh[ix] * m) + (e.tabh + e.thumbh); } if(window.rs_init_css===undefined) window.rs_init_css = document.head.appendChild(document.createElement("style")); document.getElementById(e.c).height = newh+"px"; window.rs_init_css.innerHTML += "#"+e.c+"_wrapper { height: "+newh+"px }"; } catch(e){ console.log("Failure at Presize of Slider:" + e) } //}); };</script> <noscript><style> .wpb_animate_when_almost_visible { opacity: 1; }</style></noscript> </head> <body data-rsssl="1" class="post-template-default single single-post postid-16105 single-format-standard wpb-js-composer js-comp-ver-6.4.1 vc_responsive ">  <noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-KCLCKNJ" height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript> <br style="display:none;"> <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/20201031164740/https://bat.bing.com/bat.js","uetq");</script><noscript><img src="//web.archive.org/web/20201031164740im_/https://bat.bing.com/action/0?ti=5268574&Ver=2" height="0" width="0" style="display:none; visibility: hidden;"/></noscript> <header> <div class="container"> <div class="row"> <div class="col-md-4 col-sm-4 col-xs-8 logo"> <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/"><img src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/themes/aresco2016/images/aresco-energy.png" width="265" height="91" alt="Aresco Energy"></a> </div> <div class="col-md-8 col-sm-8 col-xs-4 login"> <p style="text-align: right"><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-login.php" title="Login">Partner Login</a></p> </div> </div> </div> <div id="thenav"> <div class="container"> <div class="row"> <div class="col-md-12">  <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-default ubermenu-responsive-collapse ubermenu-horizontal ubermenu-transition-shift ubermenu-trigger-hover_intent ubermenu-skin-vanilla ubermenu-bar-align-full ubermenu-items-align-left 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/20201031164740/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-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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/https://www.arescotx.com/about-aresco/oil-investing-tax-shelter/"><span class="ubermenu-target-title ubermenu-target-text">Oil Investing Tax Breaks</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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/https://www.arescotx.com/photos-videos/3d-rig-tour/"><span class="ubermenu-target-title ubermenu-target-text">3D Rig 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/20201031164740/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/20201031164740/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/20201031164740/https://www.arescotx.com/photos-videos/well-log-animation/"><span class="ubermenu-target-title ubermenu-target-text">Well Log 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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/https://www.arescotx.com/og-education-resources/self-directed-iras/"><span class="ubermenu-target-title ubermenu-target-text">Self-Directed IRAs 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/20201031164740/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/20201031164740/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/20201031164740/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 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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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/20201031164740/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-1558" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-current_page_parent ubermenu-item-1558 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/20201031164740/https://www.arescotx.com/latest-news/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">News</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/20201031164740/https://www.arescotx.com/contact-us/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Contact</span></a></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/20201031164740/https://www.arescotx.com/acquisitions/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Acquisitions</span></a></li></ul></nav>  </div> </div> </div> </div> </header><div id="rotator"> </div> <script type="text/javascript"> var imgCount = 8; var dir = 'https://web.archive.org/web/20201031164740/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("rotator").style.backgroundImage = "url(" + dir + images[randomCount] + ")"; </script> <div class="container content"> <div class="row"> <div class="col-lg-9 col-md-9 padright"> <h1 class="blogtitle">US Shale Production on Record-Setting Pace</h1> <p style="font-size:11px;">Wednesday, August 30th, 2017 and is filed under <a href="https://web.archive.org/web/20201031164740/https://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/20201031164740/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/20201031164740/https://www.arescotx.com/category/oil-and-gas-interesting-facts/" rel="category tag">Oil and Gas Interesting Facts</a>, <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20201031164740/https://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/20201031164740/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg" data-rel="lightbox-image-0" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="alignleft wp-image-16124" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg" alt="Texas Shale Oil Production" width="350" height="233" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s.jpg 450w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-oil-13218525_s-300x200.jpg 300w" sizes="(max-width: 350px) 100vw, 350px"/></a>US shale production is up. Not only is it up, but it’s been on a mostly continuous uptick for several months now. Is this good news for <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/investing-in-texas-oil/">Texas oil investors</a>? Well, it depends where pricing goes over the next couple of years––and surging <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/u-s-oil-production/">US oil production</a> will play a big part in that (but not in the way you might think).<span id="more-16105"></span></p> <p><strong>OPEC’s Diminishing Impact on Pricing</strong></p> <p>Whereas <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/opec/">OPEC</a> used to be firmly in the driver’s seat when it came to controlling access to oil (and manipulating pricing), the rise in US shale production is literally changing the world.</p> <p>The most recent surge in US production growth occurs ahead of <a href="https://web.archive.org/web/20201031164740/https://www.reuters.com/article/usa-taser-911call-idUSKCN1B21AK" target="_blank">OPEC talks</a> to consider extending or ending production cuts originally enacted in Fall 2016. From mid-2014 through OPEC’s decision to curtail production in November 2016, oil pricing was in seeming free-fall, dipping at times below the $30 per barrel mark. Despite low oil pricing’s effect on OPEC kingpin Saudi Arabia’s purse, <a href="https://web.archive.org/web/20201031164740/http://www.investopedia.com/ask/answers/030315/why-did-oil-prices-drop-so-much-2014.asp#ixzz4qiHqEu9O" target="_blank">according to Investopedia</a>, “when faced with a decision between letting prices continue to drop or ceding <a href="https://web.archive.org/web/20201031164740/http://www.investopedia.com/terms/m/marketshare.asp" target="_blank">market share</a> by cutting production in an effort to send prices upward again, <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/saudi-arabia/">Saudi Arabia</a> kept its production stable, deciding that low oil prices offered more of a long-term benefit than giving up market share.”</p> <p><a href="https://web.archive.org/web/20201031164740/http://www.txoilinvestments.com/"><img loading="lazy" class="aligncenter size-full wp-image-5412" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/why-now-is-the-time-to-invest-in-oil.png" alt="Why now is the time to invest in oil..." width="600" height="40" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/why-now-is-the-time-to-invest-in-oil.png 600w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/why-now-is-the-time-to-invest-in-oil-300x20.png 300w" sizes="(max-width: 600px) 100vw, 600px"/></a></p> <p>The more hardline interpretation behind OPEC’s stance? It’s speculated that OPEC held its ground to keep more oil in the market than demand could bear in an effort to drive US shale producers out of business.</p> <p>“More oil on the market” did not go as planned.</p> <p>After an initial dip driven by rock bottom oil pricing, US domestic oil production began to rise again, driven (once again) by technological innovation. The US oil industry continues to innovate and create new ways of extracting hydrocarbons, faster and cheaper. This means US producers can compete even as oil prices remain depressed––pumping more and more oil despite OPEC’s attempts to meddle in their business.</p> <p><a href="https://web.archive.org/web/20201031164740/https://www.facebook.com/arescolp/" target="_blank"><img loading="lazy" class="aligncenter wp-image-17060 size-full" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" sizes="(max-width: 728px) 100vw, 728px" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40"></a></p> <p>The continual onslaught of US production potential now has OPEC, OPEC-affiliates, and even Russia back on their heels again––despite strict adherence to production cuts. With their failure to curtail US oil production, these petrostates have lost much of their ability to manipulate the market, which puts them at a tremendous disadvantage at home. With prices below $65––and, for some, $85––per barrel, they can no longer comfortably fund their social policies and political machines.</p> <p>So, while the <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/shale-boom/">US shale revolution</a> continues onward becoming more and more competitive at lower price points, OPEC and the like <em>need higher pricing</em>––or face potential unrest on the home front.</p> <p>It’s a changing world, indeed.</p> <p><strong><a href="https://web.archive.org/web/20201031164740/http://www.txoilinvestments.com/"><img loading="lazy" class="aligncenter size-full wp-image-7301" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/oil-investment-opportunities.png" alt="Oil & Gas Investment Opportunities in Texas, the Gulf Coast, and Beyond" width="693" height="200" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/oil-investment-opportunities.png 693w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/oil-investment-opportunities-300x87.png 300w" sizes="(max-width: 693px) 100vw, 693px"/></a></strong></p> <p><strong>The Continuous Rise of Shale Oil Output</strong></p> <p>Despite OPEC’s attempts to keep it down, US shale oil output continues to grow and set records. Driving much of this growth is the Texas Permian Basin along with the output from the Eagle Ford and Bakken regions.</p> <p>Every month, the <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/energy-information-administration-eia/">EIA</a> forecast called for more barrels, and every month the number of barrels increased. Next month, that trend looks to continue with US shale production ramping up to new record levels. The EIA also estimates 2.6 million of the estimated 6.15 million barrels a day will come from the Texas Permian Basin.</p> <p><strong><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-content/uploads/us-shale-production.png" data-rel="lightbox-image-1" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="aligncenter size-full wp-image-16111" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/us-shale-production.png" alt="US Shale Production in the 7 Top Areas - Chart" width="642" height="419" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/us-shale-production.png 642w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/us-shale-production-300x196.png 300w" sizes="(max-width: 642px) 100vw, 642px"/></a></strong></p> <p><strong>The US Shale Forecast Continues to Expand</strong></p> <p>In even more bad news for OPEC, the EIA forecast has grown to include even more shale regions throughout the Lower 48. The more successful shale plays are, the more shale plays show up. The most recent <a href="https://web.archive.org/web/20201031164740/https://www.eia.gov/petroleum/drilling/#tabs-summary-2" target="_blank">Drilling Productivity Report</a> from the EIA shows growth by thousands of barrels a day in seven main regions.</p> <p><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-content/uploads/shale-regions-eia.png" data-rel="lightbox-image-2" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="alignright size-full wp-image-16109" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-regions-eia.png" alt="Top Producing US Shale Regions" width="575" height="363" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-regions-eia.png 575w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/shale-regions-eia-300x189.png 300w" sizes="(max-width: 575px) 100vw, 575px"/></a></p> <ul> <li><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/permian-basin/">Permian</a></li> <li><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/eagle-ford-shale/">Eagle Ford</a></li> <li><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/bakken-shale/">Bakken</a></li> <li>Niobrara</li> <li><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/anadarko-basin/">Anadarko</a></li> <li>Appalachia</li> <li><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/haynesville-shale/">Haynesville</a></li> </ul> <p>Each region will see an uptick in gas and oil production between August and September.</p> <p><strong>How This Affects Texas Oil Investors</strong></p> <p>Many investors fear US shale production will continue to glut the <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/oil-market/">oil market</a> and keep prices down––especially if OPEC members opt to kill agreed-upon cuts and further flood the market. But as explained above, OPEC and other states that depend on hydrocarbon revenue are already walking a fine line keeping their budgets out of the red. How much oil can they afford to let flood the market knowing that doing so may drive prices even lower?</p> <p>Outside of OPEC’s decision to cut or not this November, two key factors will continue to impact individuals and companies looking to invest in domestic oil production––especially in Texas.</p> <p><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-content/uploads/pump-jack-8243461_s.jpg" data-rel="lightbox-image-3" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="alignright wp-image-16127" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/pump-jack-8243461_s.jpg" alt="Pump Jack" width="375" height="250" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/pump-jack-8243461_s.jpg 450w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/pump-jack-8243461_s-300x200.jpg 300w" sizes="(max-width: 375px) 100vw, 375px"/></a>The first key factor is <a href="https://web.archive.org/web/20201031164740/https://www.forbes.com/sites/judeclemente/2017/05/29/the-steady-drumbeat-of-more-global-oil-demand/#208ed90a5e2d" target="_blank">ever-rising demand</a> for oil. In a recent article for Forbes.com, Oil & Gas industry contributor Jude Clemente writes:</p> <p style="padding-left: 30px;"><em>“As the world’s most important fuel, the most traded commodity, and the enabling force of globalization, the demand for oil is ever-growing. <strong>Every year, oil demand rises by around 1.3 million per day, or 1-2%.</strong></em></p> <p style="padding-left: 30px;"><em>This is an extra 55 million gallons of oil being added to global consumption every 12 months. And it’s easy to see why: around 97% of transportation is powered by oil, and global economic growth is tied to petroleum because it’s our primary fuel. Rising incomes mean more oil demand.”</em></p> <p>To help meet this demand, US producers can now <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/crude-oil-exports/">export oil</a> worldwide––and none more easily so than those producing oil in Texas. According to a recent article in the <a href="https://web.archive.org/web/20201031164740/http://www.houstonchronicle.com/business/energy/article/IHS-Most-new-Permian-oil-will-be-exported-from-11942964.php">Houston Chronicle</a>:</p> <p style="padding-left: 30px;"><em>“… while domestic oil consumption is rising only slightly, the foreign demand for U.S. oil is booming, spurred by the 2015 end to a decades-old ban on crude exports. The U.S. today ships out almost 1 million barrels of oil each day compared with about 520,000 barrels in 2016. </em></p> <p style="padding-left: 30px;"><em>U.S. oil exports are expected to triple to about 3 million barrels a day by 2025, said Kurt Barrow, a vice president of oil markets for IHS. That oil will be fed primarily by Permian production and shipped from ports in <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/houston/">Houston</a> and Corpus Christi.”</em></p> <p><a href="https://web.archive.org/web/20201031164740/http://www.txoilinvestments.com/"><img loading="lazy" class="aligncenter size-full wp-image-4941" src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/oil-investing-tax-shelter.png" alt="" width="693" height="200" srcset="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/oil-investing-tax-shelter.png 693w, https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/uploads/oil-investing-tax-shelter-300x86.png 300w" sizes="(max-width: 693px) 100vw, 693px"/></a></p> <p>The second key factor affecting Texas oil investing is ever-advancing <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/drilling-technology/">drilling and oil-field technology</a>, which continually drives the price of production down. This is especially true of the Permian, where some large investors are tying a lot of money into <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/shale-oil/">shale plays</a> with long-term plans––locking in opportunity now when prices are low knowing they can’t stay low forever. Given the fact that <a href="https://web.archive.org/web/20201031164740/https://www.forbes.com/sites/judeclemente/2017/05/29/the-steady-drumbeat-of-more-global-oil-demand/#208ed90a5e2d" target="_blank">output from currently known fields is estimated to fall over 45 million barrels per day</a> over the next 25 years, timely investment today can yield the potential for tremendous dividends tomorrow.</p> <p>So, is the record-setting pace in US shale production good for Texas <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/oil-and-gas-investing/">oil investors</a>? Certain signs point to “yes” once you take a look at all the players––and bet on US drive and innovation to win the day, any day.</p> <div class="nextpages"></div> <div style="padding-top:30px;"> <ul class="pager">  <li class="nav-previous"><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/permian-crude-fuels-oil-exports-from-corpus-christi-houston/" rel="next">Previous</a></li>  <li class="nav-bloghome"><a href="https://web.archive.org/web/20201031164740/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/20201031164740/https://www.arescotx.com/texas-drilling-permits-up-sharply-in-2017-vs-2016/" 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/20201031164740/https://www.arescotx.com/microwave-technology-the-new-fracking/">Microwave Fracking: The New Hydraulic Fracturing?</a> </li> <li> <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/market-indicates-us-oil-exports-to-soar-this-summer/">Market Indicates US Oil Exports to Soar This Summer</a> </li> <li> <a href="https://web.archive.org/web/20201031164740/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/20201031164740/https://www.arescotx.com/permian-pipeline-projects-look-to-bypass-looming-bottleneck/">Permian Pipeline Projects Look to Bypass Looming Bottleneck</a> </li> <li> <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/texas-oil-production-breaks-the-billion-barrel-mark-in-2017/">Texas Oil Production Breaks the Billion Barrel Mark in 2017</a> </li> </ul> <p class="titles">Categories</p> <ul> <li class="cat-item cat-item-14"><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" title="New Mexico Oil and Gas investing articles, blogs, news, and videos at Aresco LP.">New Mexico Oil and Gas Investing</a> </li> <li class="cat-item cat-item-6"><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/category/oil-and-gas-current-events/" title="Oil and Gas current events and related articles, blogs, news, and videos at Aresco LP.">Oil and Gas Current Events</a> </li> <li class="cat-item cat-item-25"><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/category/oil-and-gas-interesting-facts/" title="Oil and gas interesting facts provided by Aresco LP.">Oil and Gas Interesting Facts</a> </li> <li class="cat-item cat-item-53"><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/category/permian-basin-oil-news/" title="Get the latest Permian Basin Oil News, articles, blogs, photos, and videos at Aresco LP!">Permian Basin Oil News</a> </li> <li class="cat-item cat-item-9"><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/category/texas-oil-and-gas-investing/" title="Texas oil and gas investing articles, blogs, news, and videos at Aresco LP.">Texas Oil and Gas Investing</a> </li> <li class="cat-item cat-item-1"><a href="https://web.archive.org/web/20201031164740/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-65 utcw-tag utcw-tag-aresco-lp" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/aresco-lp/" style="font-size:10px" title="7 topics">Aresco LP</a> <a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/bakken-shale/" style="font-size:11px" title="9 topics">Bakken Shale</a> <a class="tag-link-95 utcw-tag utcw-tag-crude-oil" href="https://web.archive.org/web/20201031164740/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/20201031164740/https://www.arescotx.com/tag/crude-oil-export-ban/" style="font-size:10.5px" 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/20201031164740/https://www.arescotx.com/tag/crude-oil-exports/" style="font-size:11px" 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/20201031164740/https://www.arescotx.com/tag/crude-oil-prices/" style="font-size:15px" 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/20201031164740/https://www.arescotx.com/tag/domestic-oil-production/" style="font-size:16px" 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/20201031164740/https://www.arescotx.com/tag/donald-j-trump/" style="font-size:10.5px" title="8 topics">Donald J Trump</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/drilling-technology/" style="font-size:14px" title="15 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:21px" 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/20201031164740/https://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:11px" title="9 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/20201031164740/https://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14.5px" title="16 topics">Energy Information Administration (EIA)</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/fracking/" style="font-size:12px" title="11 topics">Fracking</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/horizontal-drilling/" style="font-size:12.5px" title="12 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:18px" 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/20201031164740/https://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:11.5px" 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/20201031164740/https://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:15px" 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/20201031164740/https://www.arescotx.com/tag/oil-and-gas-technology/" style="font-size:10.5px" 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/20201031164740/https://www.arescotx.com/tag/oil-exploration/" style="font-size:10.5px" title="8 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/oil-production/" style="font-size:18.5px" title="24 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/opec/" style="font-size:16px" title="19 topics">OPEC</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/permian-basin/" style="font-size:28.5px" title="44 topics">Permian Basin</a> <a class="tag-link-57 utcw-tag utcw-tag-shale-oil" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/shale-oil/" style="font-size:10.5px" title="8 topics">Shale Oil</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/tag/texas-oil-production/" style="font-size:20px" 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/20201031164740/https://www.arescotx.com/tag/u-s-oil-production/" style="font-size:12px" 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/2018/06/"> June 2018 </option> <option value="https://www.arescotx.com/2018/05/"> May 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/2016/07/"> July 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"> <div class="col-md-12"> <center><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> </center> </div> </div> <div class="row" style="margin-top:20px;"> <div class="col-lg-6 col-md-6 col-sm-6"> <h3>Aresco LP</h3> <p>181 S Main Street, Suite 100 Prosper, TX 75078<br> Phone: 972-992-3127 / Fax: 972-992-3137</p> </div> <div class="col-lg-6 col-md-5 col-sm-6 copyright"> <p style="text-align: right"><a href="https://web.archive.org/web/20201031164740/https://www.facebook.com/Aresco-510139499068554/" target="_blank"><img src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/themes/aresco2016/images/facebook.png" width="32" height="32" alt="Facebook" class="social"></a><a href="https://web.archive.org/web/20201031164740/https://twitter.com/ArescoLP" target="_blank"><img src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/themes/aresco2016/images/twitter.png" width="32" height="32" alt="Twitter" class="social"></a><a href="https://web.archive.org/web/20201031164740/https://www.linkedin.com/company/aresco-lp" target="_blank"><img src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/themes/aresco2016/images/linked-in.png" width="32" height="32" alt="LinkedIn" class="social"></a><a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/feed/" target="_blank"><img src="https://web.archive.org/web/20201031164740im_/https://www.arescotx.com/wp-content/themes/aresco2016/images/rss.png" width="32" height="32" alt="RSS" class="social"></a></p> <p>© Copyright 2020 Aresco, LP. All rights reserved.<br> Site by <a href="https://web.archive.org/web/20201031164740/http://www.a3kdesign.com/" target="_blank" rel="nofollow">A3K Advertising, Inc</a><br> Admin <a href="https://web.archive.org/web/20201031164740/https://www.arescotx.com/wp-login.php">Log in</a></p> </div> </div> </div> </div> <script type="text/javascript" src="//web.archive.org/web/20201031164740js_/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":"959","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\/20201031164740\/https:\/\/www.arescotx.com\/wp-admin\/admin-ajax.php","plugin_url":"https:\/\/web.archive.org\/web\/20201031164740\/https:\/\/www.arescotx.com\/wp-content\/plugins\/ubermenu\/"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20201031164740js_/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/20201031164740js_/https://www.arescotx.com/wp-includes/js/wp-embed.min.js?ver=5.5.1" id="wp-embed-js"></script>    <script> window.__bp_session_timeout = '900'; window.__bp_session_freezing = 0; window.bizpanda||(window.bizpanda={}),window.bizpanda.bp_can_store_localy=function(){return!1},window.bizpanda.bp_ut_get_cookie=function(e){for(var n=e+"=",i=document.cookie.split(";"),o=0;o<i.length;o++){for(var t=i[o];" "==t.charAt(0);)t=t.substring(1);if(0==t.indexOf(n))return decodeURIComponent(t.substring(n.length,t.length))}return!1},window.bizpanda.bp_ut_set_cookie=function(e,n,i){var o=new Date;o.setTime(o.getTime()+24*i*60*60*1e3);var t="expires="+o.toUTCString();document.cookie=e+"="+encodeURIComponent(n)+"; "+t+"; path=/"},window.bizpanda.bp_ut_get_obj=function(e){var n=null;if(!(n=window.bizpanda.bp_can_store_localy()?window.localStorage.getItem("bp_ut_session"):window.bizpanda.bp_ut_get_cookie("bp_ut_session")))return!1;n=(n=n.replace(/\-c\-/g,",")).replace(/\-q\-/g,'"');try{n=JSON.parse(n)}catch(e){return!1}return n.started+1e3*e<(new Date).getTime()&&(n=null),n},window.bizpanda.bp_ut_set_obj=function(e,n){e.started&&window.__bp_session_freezing||(e.started=(new Date).getTime()),(e=JSON.stringify(e))&&(e=(e=e.replace(/\"/g,"-q-")).replace(/\,/g,"-c-")),window.bizpanda.bp_can_store_localy()?window.localStorage.setItem("bp_ut_session",e):window.bizpanda.bp_ut_set_cookie("bp_ut_session",e,5e3)},window.bizpanda.bp_ut_count_pageview=function(){var e=window.bizpanda.bp_ut_get_obj(window.__bp_session_timeout);e||(e={}),e.pageviews||(e.pageviews=0),0===e.pageviews&&(e.referrer=document.referrer,e.landingPage=window.location.href,e.pageviews=0),e.pageviews++,window.bizpanda.bp_ut_set_obj(e)},window.bizpanda.bp_ut_count_locker_pageview=function(){var e=window.bizpanda.bp_ut_get_obj(window.__bp_timeout);e||(e={}),e.lockerPageviews||(e.lockerPageviews=0),e.lockerPageviews++,window.bizpanda.bp_ut_set_obj(e)},window.bizpanda.bp_ut_count_pageview(); </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/20201031164740/https://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-46107884-1', 'arescotx.com'); ga('send', 'pageview'); </script> </body> </html>