CINXE.COM
Texas Oil Production | Aresco
<!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("http://www.arescotx.com:80/tag/texas-oil-production/","20150405033919","https://web.archive.org/","web","/_static/", "1428205159"); </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" /> <!-- End Wayback Rewrite JS Include --> <meta charset="UTF-8"/> <!-- Mobile Specific Metas --> <meta name="viewport" content="width=device-width, initial-scale=1, maximum-scale=1"> <meta name="format-detection" content="telephone=no"> <title>Texas Oil Production | Aresco</title> <link href="https://web.archive.org/web/20150405033919cs_/http://fonts.googleapis.com/css?family=Titillium+Web:400,600,700" rel="stylesheet" type="text/css"> <style type="text/css" media="screen"> @import url( https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/themes/arescoA3K/style.css ); </style> <link rel="stylesheet" type"text css" href="/web/20150405033919cs_/http://www.arescotx.com/wp-content/themes/arescoA3K/print.css" media="print"> <!--[if lt IE 9]> <script src="//html5shiv.googlecode.com/svn/trunk/html5.js"></script> <![endif]--> <!--[if lt IE 9]> <script src="http://css3-mediaqueries-js.googlecode.com/svn/trunk/css3-mediaqueries.js"></script> <![endif]--> <link rel="alternate" type="application/rss+xml" title="RSS 2.0" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/feed/"/> <link rel="archives" title="April 2015" href="http://www.arescotx.com/2015/04/"/> <link rel="archives" title="March 2015" href="http://www.arescotx.com/2015/03/"/> <link rel="archives" title="February 2015" href="http://www.arescotx.com/2015/02/"/> <link rel="archives" title="January 2015" href="http://www.arescotx.com/2015/01/"/> <link rel="archives" title="December 2014" href="http://www.arescotx.com/2014/12/"/> <link rel="archives" title="November 2014" href="http://www.arescotx.com/2014/11/"/> <link rel="archives" title="October 2014" href="http://www.arescotx.com/2014/10/"/> <link rel="archives" title="September 2014" href="http://www.arescotx.com/2014/09/"/> <link rel="archives" title="August 2014" href="http://www.arescotx.com/2014/08/"/> <link rel="archives" title="July 2014" href="http://www.arescotx.com/2014/07/"/> <link rel="archives" title="June 2014" href="http://www.arescotx.com/2014/06/"/> <link rel="archives" title="May 2014" href="http://www.arescotx.com/2014/05/"/> <link rel="archives" title="April 2014" href="http://www.arescotx.com/2014/04/"/> <link rel="archives" title="March 2014" href="http://www.arescotx.com/2014/03/"/> <link rel="archives" title="February 2014" href="http://www.arescotx.com/2014/02/"/> <link rel="archives" title="January 2014" href="http://www.arescotx.com/2014/01/"/> <link rel="archives" title="December 2013" href="http://www.arescotx.com/2013/12/"/> <link rel="archives" title="November 2013" href="http://www.arescotx.com/2013/11/"/> <link rel="archives" title="October 2013" href="http://www.arescotx.com/2013/10/"/> <link rel="archives" title="September 2013" href="http://www.arescotx.com/2013/09/"/> <link rel="archives" title="June 2013" href="http://www.arescotx.com/2013/06/"/> <!-- All in One SEO Pack 2.2.6.1 by Michael Torbert of Semper Fi Web Design[240,282] --> <meta name="description" itemprop="description" content="Texas oil production articles, blogs, news, and videos at Aresco LP."/> <meta name="keywords" itemprop="keywords" content="bakken shale,crude oil prices,domestic oil production,drilling technology,eagle ford shale,fracking,horizontal drilling,hydraulic fracturing,oil production,opec,permian basin,saudi arabia,texas oil production,u.s. oil production,permian basin oil news,oil and gas,news,oil,oil and gas investing,shale oil,texas oil,production,eagle ford,texas shale,invest in texas oil,cline shale,us crude oil production,north dakota oil production,oklahoma oil production,california oil production,alaska oil production,gulf of mexico oil production,energy information administration (eia),investing in texas oil,eagle ford oil production,eagle ford shale oil,eagle ford shale oil production,barnett shale,eagle ford shale production,eagle ford oil,eagle ford natural gas,texas eagle ford,texas shale oil,texas hydraulic fracturing,oil exploration,oil investing,natural gas investing,north american energy,oil investment opportunities,natural gas production,north dakota oil,nd oil,nd oil production,texas railroad commission,crude oil production,us oil production,texas,north dakota,hydraulic fracturning,texas crude oil"/> <link rel="next" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-oil-production/page/2/"/> <link rel="canonical" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-oil-production/"/> <!-- /all in one seo pack --> <link rel="alternate" type="application/rss+xml" title="Aresco » Texas Oil Production Tag Feed" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-oil-production/feed/"/> <link rel="stylesheet" id="fancybox-css-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/fancybox/jquery.fancybox.css?ver=4.1.1" type="text/css" media="all"/> <link rel="stylesheet" id="style.css-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/google-language-translator/css/style.css?ver=4.1.1" type="text/css" media="all"/> <link rel="stylesheet" id="responsive-lightbox-swipebox-front-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/source/swipebox.css?ver=4.1.1" type="text/css" media="all"/> <link rel="stylesheet" id="responsive-video-light-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/responsive-video-light/css/responsive-videos.css?ver=20130111" type="text/css" media="all"/> <link rel="stylesheet" id="wpsr-socialbuttons-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/wp-socializer/public/css/wp-socializer-buttons-css.css?ver=2.4.9.8" type="text/css" media="all"/> <link rel="stylesheet" id="js_composer_custom_css-css" href="//web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/uploads/js_composer/custom.css?ver=4.4.3" type="text/css" media="screen"/> <link rel="stylesheet" id="ultimate-style-min-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/Ultimate_VC_Addons/assets/min-css/ultimate.min.css?ver=3.9.4" type="text/css" media="all"/> <link rel="stylesheet" id="bsf-Defaults-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/uploads/smile_fonts/Defaults/Defaults.css?ver=4.1.1" type="text/css" media="all"/> <link rel="stylesheet" id="UserAccessManagerAdmin-css" href="https://web.archive.org/web/20150405033919cs_/http://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/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/user-access-manager/css/uamLoginForm.css?ver=1.0" type="text/css" media="screen"/> <link rel="stylesheet" id="ubermenu-basic-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/ubermenu/standard/styles/basic.css?ver=2.3.0.2" type="text/css" media="all"/> <link rel="stylesheet" id="ubermenu-shiny-black-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/ubermenu/standard/styles/skins/shinyblack.css?ver=2.3.0.2" type="text/css" media="all"/> <link rel="stylesheet" id="new-royalslider-core-css-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/new-royalslider/lib/royalslider/royalslider.css?ver=3.0.93" type="text/css" media="all"/> <link rel="stylesheet" id="rsDefault-css-css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/new-royalslider/lib/royalslider/skins/default/rs-default.css?ver=3.0.93" type="text/css" media="all"/> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-includes/js/jquery/jquery.js?ver=1.11.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-includes/js/jquery/jquery-migrate.min.js?ver=1.2.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/fancybox/jquery.fancybox.pack.js?ver=4.1.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/hammer.min.js?ver=4.1.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/jcarousel/lib/jquery.jcarousel.min.js?ver=4.1.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://maps.googleapis.com/maps/api/js?sensor=false&libraries=geometry&ver=4.1.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/google-language-translator/js/flags.js?ver=4.1.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/source/jquery.swipebox.min.js?ver=4.1.1"></script> <script type="text/javascript"> /* <![CDATA[ */ var rlArgs = {"script":"swipebox","selector":"lightbox","custom_events":"","activeGalleries":"1","animation":"1","hideBars":"1","hideBarsDelay":"5000","videoMaxWidth":"1080"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/responsive-lightbox/js/front.js?ver=4.1.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/Ultimate_VC_Addons/assets/min-js/ultimate.min.js?ver=3.9.4"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/user-access-manager/js/functions.js?ver=4.1.1"></script> <link rel="EditURI" type="application/rsd+xml" title="RSD" href="http://www.arescotx.com/xmlrpc.php?rsd"/> <link rel="wlwmanifest" type="application/wlwmanifest+xml" href="http://www.arescotx.com/wp-includes/wlwmanifest.xml"/> <meta name="generator" content="WordPress 4.1.1"/> <link rel="stylesheet" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/flexi-quote-rotator/styles/" type="text/css" media="screen"/> <script type="text/javascript"> quoteRotator = { i: 1, quotes: ["<span id='quote'>As of mid 2013, Texas has approximately 830 active drilling rigs, which accounts for around 47 percent of all U.S. drilling rigs and one quarter of drilling rigs worldwide.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>Oil production in the Lone Star State has more than doubled in less than three years, from 1.142 million barrels of oil per day (BOPD) in July 2010 to 2.295 million BOPD in February 2013.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>The exponential increase in Texas oil output over roughly the last three years has completely reversed the previous 23-year decline in the state’s oil production that took place from 1986 to 2009.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", "<span id='quote'>In mid-2009, Texas was producing less than 20% of America’s domestic crude oil. The recent gusher of unconventional oil being produced in the Eagle Ford Shale and Permian Basin areas of Texas, thanks to breakthrough drilling technologies, has recently pushed the Lone Star State’s share of domestic crude oil above 30%.</span> <span id='quoteauthor'>Source: AEI Ideas</span>", ], numQuotes: 4, fadeDuration: 2, fadeoutDuration: 0, delay: 5, quotesInit: function(){ if (this.numQuotes < 1){ document.getElementById('quoterotator').innerHTML="No Quotes Found"; } else { this.quoteRotate(); setInterval('quoteRotator.quoteRotate()', (this.fadeDuration + this.fadeoutDuration + this.delay) * 1000); } }, quoteRotate: function(){ jQuery('#quoterotator').hide().html(this.quotes[this.i - 1]).fadeIn(this.fadeDuration * 1000).css('filter','').delay(this.delay * 1000).fadeOut(this.fadeoutDuration * 1000); this.i = this.i % (this.numQuotes) + 1; } } </script><style type="text/css">.goog-tooltip {display: none !important;}.goog-tooltip:hover {display: none !important;}.goog-text-highlight {background-color: transparent !important; border: none !important; box-shadow: none !important;}#google_language_translator a {display: none !important; }.goog-te-gadget {color:transparent !important;}.goog-te-gadget { font-size:0px !important; }.goog-branding { display:none; }#flags { display:none; }.goog-te-banner-frame{visibility:hidden !important;}body { top:0px !important;}</style><!-- <meta name="NextGEN" version="2.0.79" /> --> <!--Plugin WP Admin Bar Removal 2014.0816.0392 Active - Tag 74be16979710d4c4e7c6647856088456--> <!--Site Optimized to Speedup Control Panel Minimize Memory Consumption with Disabled Toolbar--> <!--[if lt IE 8]> <script src="http://ie7-js.googlecode.com/svn/version/2.1(beta4)/IE8.js"></script> <![endif]--> <meta name="generator" content="Powered by Visual Composer - drag and drop page builder for WordPress."/> <!--[if IE 8]><link rel="stylesheet" type="text/css" href="http://www.arescotx.com/wp-content/plugins/js_composer/assets/css/vc-ie8.css" media="screen"><![endif]--> <!--WP Socializer v2.4.9.8 - Scripts Loader--> <script type="text/javascript"> var wu=["https://web.archive.org/web/20150405033919/https://platform.twitter.com/widgets.js","https://web.archive.org/web/20150405033919/https://connect.facebook.net/en_US/all.js#xfbml=1","https://web.archive.org/web/20150405033919/https://apis.google.com/js/plusone.js","https://web.archive.org/web/20150405033919/https://platform.linkedin.com/in.js","https://web.archive.org/web/20150405033919/https://assets.pinterest.com/js/pinit.js"],wc=5; function wpsrload(){ for(var i=0;i<wc;i++){wpsrasync(wu[i]);} } function wpsrasync(u){var a=document.createElement("script");a.type="text/javascript";a.async=true;a.src=u;var s=document.getElementsByTagName("script")[0];s.parentNode.insertBefore(a,s);} wpsrload(); </script> <!--End WP Socializer - Scripts Loader--> <script type="text/javascript">jQuery(document).ready(function(){ jQuery(".ult_modal-body iframe").each(function(index, element) { var st = '<style type="text/css" id="modal-css">'; st += ".fluid-width-video-wrapper{padding: 0 !important;}"; st += "</style>"; jQuery("head").append(st); }); });</script> <!-- Easy Columns 2.1.1 by Pat Friedl http://www.patrickfriedl.com --> <link rel="stylesheet" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/easy-columns/css/easy-columns.css" type="text/css" media="screen, projection"/> <!-- UberMenu CSS - Controlled through UberMenu Options Panel ================================================================ --> <style type="text/css" id="ubermenu-style-generator-css"> /* Image Text Padding */ #megaMenu .ss-nav-menu-with-img > a > .wpmega-link-title, #megaMenu .ss-nav-menu-with-img > a > .wpmega-link-description, #megaMenu .ss-nav-menu-with-img > a > .wpmega-item-description, #megaMenu .ss-nav-menu-with-img > span.um-anchoremulator > .wpmega-link-title, #megaMenu .ss-nav-menu-with-img > span.um-anchoremulator > .wpmega-link-description, #megaMenu .ss-nav-menu-with-img > span.um-anchoremulator > .wpmega-item-description{ padding-left: 23px; } </style> <!-- end UberMenu CSS --> <noscript><style> .wpb_animate_when_almost_visible { opacity: 1; }</style></noscript> <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/20150405033919/http://www.google-analytics.com/analytics.js','ga'); ga('create', 'UA-46107884-1', 'arescotx.com'); ga('send', 'pageview'); </script> </head> <body> <div class="wrapper"> <div class="logo"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/"><img src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/Aresco-Energy.png" width="241" height="82" alt="Aresco Energy" class="thelogo"/></a><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/"><img src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/myblacklogo.png" width="241" height="82" alt="Aresco Energy" class="myblacklogo"/></a></div><!-- end logo --> <div class="slogan"><p>A continuing legacy of superior performance</p></div><!-- end slogan --> <div class="login"><p><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/wp-login.php" title="Login">Partner Login</a></p></div><!-- end login --> <div id="topNav"> <div id="megaMenu" class="megaMenuContainer megaMenu-nojs wpmega-preset-shiny-black megaResponsive megaResponsiveToggle wpmega-withjs megaMenuOnHover megaFullWidth megaMenuHorizontal wpmega-noconflict megaMinimizeResiduals megaResetStyles"><div id="megaMenuToggle" class="megaMenuToggle">Menu <span class="megaMenuToggle-icon"></span></div><ul id="megaUber" class="megaMenu"><li id="menu-item-1997" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children mega-with-sub ss-nav-menu-item-0 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/about-aresco/"><span class="wpmega-link-title">About</span></a> <ul class="sub-menu sub-menu-1"> <li id="menu-item-6044" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/management-team/"><span class="wpmega-link-title">Management Team</span></a></li><li id="menu-item-2587" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/about-aresco/why-aresco/"><span class="wpmega-link-title">Why Aresco</span></a></li><li id="menu-item-2586" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/about-aresco/why-invest/"><span class="wpmega-link-title">Why Oil & Gas</span></a></li><li id="menu-item-4950" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/about-aresco/oil-investing-tax-shelter/"><span class="wpmega-link-title">Oil Investing Tax Shelter</span></a></li><li id="menu-item-5539" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/should-i-invest-in-oil-gas/"><span class="wpmega-link-title">Should I invest in oil & gas?</span></a></li></ul> </li><li id="menu-item-2164" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-1 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/featured-projects/"><span class="wpmega-link-title">Projects</span></a></li><li id="menu-item-2126" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-2 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/operations/"><span class="wpmega-link-title">Areas of Interest</span></a></li><li id="menu-item-3132" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children mega-with-sub ss-nav-menu-item-3 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a title="Texas Oil Well Photos & Videos" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/"><span class="wpmega-link-title">Photos & Videos</span></a> <ul class="sub-menu sub-menu-1"> <li id="menu-item-4654" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/3d-rig-tour/"><span class="wpmega-link-title">3D Rig Tour</span></a></li><li id="menu-item-4652" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/multi-formation-vertical-well-drilling-animation/"><span class="wpmega-link-title">Multi Formation Vertical Well Drilling Animation</span></a></li><li id="menu-item-4655" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/well-log-animation/"><span class="wpmega-link-title">Well Log Animation</span></a></li><li id="menu-item-4656" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/salt-water-disposal-animation/"><span class="wpmega-link-title">Salt Water Disposal Animation</span></a></li><li id="menu-item-4663" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/drilling-haskell-east-1-haskell-county-tx/"><span class="wpmega-link-title">Drilling Haskell East # 1 well</span></a></li><li id="menu-item-4662" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/dexter-trinidad-drilling-rig-houston-county/"><span class="wpmega-link-title">Dexter Trinidad Drilling Rig</span></a></li><li id="menu-item-4842" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/photos-videos/drilling-the-noodle-canyon-1-in-jones-county-texas/"><span class="wpmega-link-title">Noodle Canyon #1</span></a></li></ul> </li><li id="menu-item-2334" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children mega-with-sub ss-nav-menu-item-4 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/og-education-resources/"><span class="wpmega-link-title">Resources</span></a> <ul class="sub-menu sub-menu-1"> <li id="menu-item-4008" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/og-education-resources/frequently-asked-questions/"><span class="wpmega-link-title">Frequently Asked Questions</span></a></li><li id="menu-item-4001" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/og-education-resources/oil-and-gas-quickfacts/"><span class="wpmega-link-title">Oil and Gas #QuickFacts</span></a></li><li id="menu-item-4002" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/og-education-resources/glossary-terms/"><span class="wpmega-link-title">Glossary of Terms</span></a></li><li id="menu-item-4003" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/og-education-resources/common-abbreviations/"><span class="wpmega-link-title">Common Abbreviations</span></a></li></ul> </li><li id="menu-item-5288" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children mega-with-sub ss-nav-menu-item-5 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/oil-gas-industry-consulting-services/"><span class="wpmega-link-title">Consulting</span></a> <ul class="sub-menu sub-menu-1"> <li id="menu-item-5293" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/oil-gas-industry-consulting-services/oil-and-gas-investment-evaluation/"><span class="wpmega-link-title">Oil and Gas Investment Evaluation</span></a></li><li id="menu-item-5292" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/oil-gas-industry-consulting-services/geologic-field-appraisal/"><span class="wpmega-link-title">Geologic Field Appraisal</span></a></li><li id="menu-item-5291" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/oil-gas-industry-consulting-services/field-revitalization/"><span class="wpmega-link-title">Field Revitalization</span></a></li><li id="menu-item-5289" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/oil-gas-industry-consulting-services/submitting-an-investment-opportunity-evaluation-request/"><span class="wpmega-link-title">Investment Evaluation Request</span></a></li><li id="menu-item-5290" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-depth-1"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/oil-gas-industry-consulting-services/submitting-a-prospect-review-request/"><span class="wpmega-link-title">Submit Prospect Review Request</span></a></li></ul> </li><li id="menu-item-1558" class="menu-item menu-item-type-post_type menu-item-object-page current_page_parent ss-nav-menu-item-6 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/latest-news/"><span class="wpmega-link-title">News</span></a></li><li id="menu-item-65" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-7 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/contact-us/"><span class="wpmega-link-title">Contact</span></a></li></ul></div></div><!-- end topNav --> <div class="sidebarYellow"> </div><!-- end yellow --> <div class="sidebarWhite"> <div class="text"> <div id="content"> <!-- Start the Loop. --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/will-opec-fueled-price-crater-spell-permian-extinction-not-a-chance/">Will OPEC-Fueled Price Crater Spell Permian Extinction? Not a Chance</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, December 9th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <p><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/wp-content/uploads/permian-oil-field-roughnecks.jpg" target="_blank" rel="lightbox-0"><img class="alignleft wp-image-5219 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/uploads/permian-oil-field-roughnecks-300x242.jpg" alt="Permian Oil Field Roughnecks" width="300" height="242"/></a>Much has been made of the recent per barrel oil price plunge, currently hovering below $70. Some speculate OPEC’s recent decision to keep the crude spigot flowing is the cartel’s play to smother America’s great oil boom. Keeping prices low by steadily flushing the market with crude—the thinking goes—<a title="OPEC won't stop US oil production growth" href="https://web.archive.org/web/20150405033919/http://www.cnbc.com/id/102234051#." target="_blank">makes production via fracking and horizontal drilling less viable</a>, triggering a cascade of capital pullback in the oilfield.</p> <p>Sure, there’s room for worry. Oil prices have plummeted more than 30 percent over the last several months. Add in the conventional wisdom that says “tight” oil production from shale ceases to be economical once the $80 per barrel price floor is breached. Question: How low can prices go before North American unconventional investment is throttled and projects start shutting down? Follow-up: Is the conventional wisdom on price even relevant? <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/will-opec-fueled-price-crater-spell-permian-extinction-not-a-chance/#more-5215" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/this-week-in-permian-basin-oil-news-ending-july-5-2014/">This Week in Permian Basin Oil News – Ending July 5, 2014</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, July 8th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <ul> <li><a title="Permian Basin Economic Powerhouse" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/permian-basin-economic-powerhouse/" target="_blank">Permian Basin: Economic Powerhouse</a> – Aresco EXCLUSIVE</li> <li><a title="Texas, North Dakota produce nearly half of all U.S. crude oil" href="https://web.archive.org/web/20150405033919/http://www.bizjournals.com/dallas/news/2014/07/02/texas-north-dakota-produce-nearly-half-of-all-u-s.html" target="_blank">Texas, North Dakota produce nearly half of all U.S. crude oil</a> – Dallas Business Journal</li> <li><a title="Permian Basin rig count up 6 this week" href="https://web.archive.org/web/20150405033919/http://www.mrt.com/business/article_ca10a7ea-0589-11e4-8e7e-0019bb2963f4.html" target="_blank">Permian Basin rig count up six this week</a> – Midland Reporter-Telegram</li> <li><a title="Rising oil prices keep production pumping in the Permian Basin" href="https://web.archive.org/web/20150405033919/http://www.houstonchronicle.com/business/energy/article/Rising-prices-keep-production-pumping-in-the-5601020.php" target="_blank">Rising prices keep production pumping in the Permian Basin</a> – Houston Chronicle</li> <li><a title="Permian Basin and Eagle Ford are locked in an oil-production race" href="https://web.archive.org/web/20150405033919/http://www.bizjournals.com/sanantonio/blog/eagle-ford-shale-insight/2014/06/permian-basin-and-eagle-ford-are-locked-in-an-oil.html?page=all" target="_blank">Permian Basin and Eagle Ford are locked in an oil-production race</a> – San Antonio Business Journal</li> </ul> <p> <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/this-week-in-permian-basin-oil-news-ending-july-5-2014/#more-4053" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/permian-basin-economic-powerhouse/">Permian Basin: Economic Powerhouse</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, June 17th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/permian-basin-economic-powerhouse/permian-basin-oil-rig/" target="_blank" rel="attachment wp-att-3932"><img class="alignleft wp-image-3932 size-full" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/uploads/permian-basin-oil-rig.jpg" alt="Permian Basin Oil Rig" width="175" height="236"/></a>Energy booms power people. Texas derives fully one-third of its economic might and approximately 2.1 million jobs from the oil and gas industry, according to recent data. Oil and gas firms <a title="Texas Oil and Gas Jobs" href="https://web.archive.org/web/20150405033919/http://www.chron.com/jobs/article/Oil-and-gas-industry-looks-bright-for-Lone-Star-5235724.php" target="_blank">generated an estimated 389,000 high-quality, high-paying jobs</a> in the Lone Star State in 2012, <a title="Texas Oil & Gas Job Wages" href="https://web.archive.org/web/20150405033919/http://keeptexasworking.org/texas-accounts-for-39-of-u-s-oil-and-gas-jobs-study-finds/" target="_blank">earning an average of $128,100 annually</a>. That compares to an average of $54,995 per year for the rest of the private sector workforce.</p> <p>But that’s just the beginning. As a result of large purchases—as well as the high pay—the industry triggers substantial economic multiplier effects. These indirect gains account for another 1.8 million Texas jobs in supporting industries and consumer sectors, resulting in <a title="Texas Energy Jobs" href="https://web.archive.org/web/20150405033919/http://www.chron.com/jobs/article/Oil-and-gas-industry-looks-bright-for-Lone-Star-5235724.php" target="_blank">a total of over 2.1 million Texas jobs</a>. <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/permian-basin-economic-powerhouse/#more-3929" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/five-states-and-the-gulf-of-mexico-produce-more-than-80-of-u-s-crude-oil/">Five states and the Gulf of Mexico produce more than 80% of U.S. crude oil</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, April 10th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p>Crude oil production in Texas has grown from 25% of U.S. oil production to 35%. Production in the Permian Basin has been the driving factor behind this substantial increase.</p> <p>North Dakota’s Bakken Shale area is also a major producer in U.S. oil production with a 12% share overall. <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/five-states-and-the-gulf-of-mexico-produce-more-than-80-of-u-s-crude-oil/#more-3654" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/eagle-ford-is-turning-texas-into-global-petroleum-powerhouse/">Eagle Ford is Turning Texas into Global Petroleum Powerhouse</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, March 5th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p>In the realm of <a title="Texas Oil Production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-oil-production/" target="_blank">Texas oil and gas production</a> the year 2013 was a big. Very big. According to the <a title="Texas Petro Index" href="https://web.archive.org/web/20150405033919/http://texasalliance.org/texas-petro-index-sets-record/" target="_blank">Texas Petro Index</a>, the Lone Star State churned out $110 billion in oil and gas production. The index, a composite measure based on several exploration and production economic indicators, hit 295.0 in December 2013, up 6.7 percent from the previous year and shattering the previous high of 287.6 set in October 2008.</p> <p>Just about all of that growth was driven by crude oil, which totaled 856.8 million barrels for all of 2013— 31 percent of all U.S. oil production and the highest statewide total since 1985. But that bottom line figure enjoyed a boost from higher wellhead prices for natural gas as well. <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/eagle-ford-is-turning-texas-into-global-petroleum-powerhouse/#more-3543" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/eagle-ford-shale-production-shattering-records-in-texas/">Eagle Ford Shale Production Shattering Records in Texas</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, March 3rd, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p>The <span style="font-size: medium;"><strong>Eagle Ford Shale</strong></span> of south Texas is pushing the state closer to the world’s top oil producer spot. In fact Texas has already passed Mexico and Iraq to become the eighth biggest oil producer in the world. Though we still don’t know just how much the Eagle Ford is capable of producing, it is clear that production in the <strong>Eagle Ford Shale</strong>, and other regions like it, are putting the United States on the path to energy independence. <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/eagle-ford-shale-production-shattering-records-in-texas/#more-3533" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/">Why invest in North American energy, and why now?</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, February 18th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" rel="category tag">New Mexico Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a title="Investing in Texas Oil" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/investing-in-texas-oil/" target="_blank" rel="attachment wp-att-3508"><img class="alignleft wp-image-3508" style="border: 0px none; margin: 5px 10px;" alt="Investing in Texas Oil" src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/uploads/investing-in-texas-oil.jpg" width="175" height="263"/></a>As 2014 opens, the North American energy revolution continues to help our economy and provide compelling investment opportunities across the energy value chain.</p> <p>North American crude oil production topped 8 million barrels per day (bbl/d) in 2013 and production is on pace to reach 9.3 bbl/d by 2015, the highest level in 43 years. At the same time, the U.S. is now producing enough natural gas to meet its needs independent of imports. This results in improving business fundamentals for companies spanning the energy value chain — from the exploration and productions companies producing these valuable resources to the pipeline and related infrastructure companies that transport oil and gas to the end users. <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/#more-3506" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/forget-north-dakota-texas-is-no-1-for-oil/">Forget North Dakota, Texas is No. 1 for Oil</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, February 13th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p><em>By Daniel J. Graeber for OilPrice.com</em></p> <p>Advances in <a title="Drilling Technology" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/drilling-technology/">drilling technology</a> are expected to help North Dakota hit the 1 million barrel per day mark at some point this year. But it’s Texas that still holds the leadership position in terms of oil production. Don’t mess with Texas.</p> <p>The <a title="Texas Railroad Commission" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-railroad-commission/">Texas Railroad Commission</a>, the state’s energy regulator, <a href="https://web.archive.org/web/20150405033919/http://www.rrc.state.tx.us/data/production/" target="_blank" rel="nofollow">said</a> 54.4 million barrels of oil were produced in the state in November, the last full month for which data are available. While only 1.5 percent greater year-on-year, that figure is 82 percent higher than five years ago. <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/forget-north-dakota-texas-is-no-1-for-oil/#more-3501" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/us-crude-oil-production-forecasts-strong-growth-through-2015/">US Crude Oil Production Forecasts Strong Growth Through 2015</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, January 29th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p><a title="US Crude Oil Production Chart" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/wp-content/uploads/us-crude-oil-production-chart.png" target="_blank" rel="lightbox-0"><img class="alignleft size-full wp-image-3429" style="border: 0px none; margin: 5px 10px;" alt="US Crude Oil Production Chart" src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/uploads/us-crude-oil-production-chart.png" width="336" height="224"/></a>Strong growth in U.S. crude oil production, primarily attributable to growing volumes of light crude oil produced from onshore tight oil formations, has reshaped global oil markets in recent years. EIA expects this growth trend to continue for the next two years, as forecast in this month’s Short-Term Energy Outlook (STEO).</p> <p>EIA estimates that U.S. crude oil production averaged 7.5 million barrels per day (bbl/d) in 2013, the highest annual average rate of production since 1989, and a 1.0-million-bbl/d increase from 2012 (Figure 1). In the January STEO, which extends the forecast period through 2015, EIA expects continued strong production growth. EIA projects crude oil production to average 8.5 million bbl/d in 2014 and 9.3 million bbl/d in 2015, which would be the highest annual rate of crude oil production since 1972. The record highest annual average crude oil production was 9.6 million bbl/d in 1970. <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/us-crude-oil-production-forecasts-strong-growth-through-2015/#more-3428" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <!-- Display the Title as a link to the Post's permalink. --> <div class="entry"><h1><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/texas-share-of-domestic-oil-production-tops-30/">Texas’ share of domestic oil production tops 30%</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, January 15th, 2014 and is filed under <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/category/oil-and-gas-interesting-facts/" rel="category tag">Oil and Gas Interesting Facts</a></p> <p><span style="font-size: x-large;"><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/wp-content/uploads/oil-quick-facts-002.gif" target="_blank" rel="lightbox-0"><img class="alignleft wp-image-3260" style="border: 0px none; margin: 5px 10px;" alt="Texas Oil Production tops 30% of Domestic" src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/uploads/oil-quick-facts-002.gif" width="200" height="200"/></a>In mid-2009, Texas was producing less than 20% of America’s domestic crude oil. The recent gusher of unconventional oil being produced in the Eagle Ford Shale and Permian Basin areas of Texas, thanks to breakthrough drilling technologies, has recently pushed the Lone Star State’s share of domestic crude oil above 30%.</span></p> <p><em><span style="font-size: large;">Source: AEI Ideas</span></em></p> <p><a title="Oil and Gas #QuickFacts" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/og-education-resources/oil-and-gas-quickfacts/">More Oil & Gas Quick Facts</a></p> <p><a title="Oil & Gas Interests Explored – Pathways to Profit" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/oil-gas-interests-explored-pathways-to-profit/" target="_blank">If you are interested in oil & gas investment opportunities, click here.</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-oil-production/page/2/">Next Page »</a></div><!-- end content --> <div id="sidebar"> <div id="flags" class="size"><ul id="sortable" class="ui-sortable" style="float:left"><li id="English"><a title="English" class="notranslate flag en"></a></li></ul></div><div id="google_language_translator"></div> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/arescos-1st-horizontal-well-targeting-woodbine-sand/">Aresco’s 1st Horizontal Well Targeting Woodbine Sand</a> </li> <li> <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/our-office-will-be-closed-friday-april-3rd/">Our office will be closed Friday, April 3rd</a> </li> <li> <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/aresco-vp-supporting-homes-for-our-troops/">Aresco VP Supporting Homes for Our Troops</a> </li> <li> <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/permian-basin-drilling/">Permian Basin Drilling</a> </li> <li> <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/office-closed-march-5th/">Office Closed – March 5th</a> </li> </ul> <style scoped type="text/css">.utcw-b1fq2ep {word-wrap:break-word}.utcw-b1fq2ep span,.utcw-b1fq2ep a{border-width:0px}.utcw-b1fq2ep span:hover,.utcw-b1fq2ep a:hover{border-width:0px}</style><p class="titles">Tag Cloud</p><div class="utcw-b1fq2ep tagcloud"><a class="tag-link-54 utcw-tag utcw-tag-anadarko-basin" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/anadarko-basin/" style="font-size:10.8px" title="2 topics">Anadarko Basin</a> <a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/bakken-shale/" style="font-size:13.2px" title="5 topics">Bakken Shale</a> <a class="tag-link-35 utcw-tag utcw-tag-barnett-shale" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/barnett-shale/" style="font-size:11.6px" title="3 topics">Barnett Shale</a> <a class="tag-link-68 utcw-tag utcw-tag-bradley-winton" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/bradley-winton/" style="font-size:10.8px" title="2 topics">Bradley Winton</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:12.4px" title="4 topics">Brandon Laxton</a> <a class="tag-link-46 utcw-tag utcw-tag-brazos-basin" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10.8px" title="2 topics">Brazos Basin</a> <a class="tag-link-63 utcw-tag utcw-tag-bridgetex-pipeline" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/bridgetex-pipeline/" style="font-size:10px" title="1 topic">BridgeTex Pipeline</a> <a class="tag-link-61 utcw-tag utcw-tag-canyon-sandstone" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/canyon-sandstone/" style="font-size:10.8px" title="2 topics">Canyon Sandstone</a> <a class="tag-link-51 utcw-tag utcw-tag-corpus-christi" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/corpus-christi/" style="font-size:10px" title="1 topic">Corpus Christi</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:13.2px" title="5 topics">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/domestic-oil-production/" style="font-size:13.2px" title="5 topics">Domestic Oil Production</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/drilling-technology/" style="font-size:18px" title="11 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:26px" title="21 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:12.4px" title="4 topics">Eagle Ford Shale Production</a> <a class="tag-link-16 utcw-tag utcw-tag-energy-information-administration-eia" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14px" title="6 topics">Energy Information Administration (EIA)</a> <a class="tag-link-36 utcw-tag utcw-tag-energy-production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/energy-production/" style="font-size:10.8px" title="2 topics">Energy Production</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/fracking/" style="font-size:13.2px" title="5 topics">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/gas-prices/" style="font-size:10.8px" title="2 topics">Gas Prices</a> <a class="tag-link-58 utcw-tag utcw-tag-gas-to-liquids" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/gas-to-liquids/" style="font-size:10px" title="1 topic">Gas to Liquids</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:17.2px" title="10 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:22.8px" title="17 topics">Hydraulic Fracturing</a> <a class="tag-link-67 utcw-tag utcw-tag-international-energy-agency" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/international-energy-agency/" style="font-size:10px" title="1 topic">International Energy Agency</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:12.4px" title="4 topics">Investing in Texas Oil</a> <a class="tag-link-4 utcw-tag utcw-tag-keystone-pipeline" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:10.8px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-49 utcw-tag utcw-tag-mexico-eagle-ford" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:11.6px" title="3 topics">Mexico Eagle Ford</a> <a class="tag-link-45 utcw-tag utcw-tag-mexico-national-hydrocarbons-commission" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/mexico-national-hydrocarbons-commission/" style="font-size:10px" title="1 topic">Mexico National Hydrocarbons Commission</a> <a class="tag-link-18 utcw-tag utcw-tag-natural-gas-production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:12.4px" title="4 topics">Natural Gas Production</a> <a class="tag-link-62 utcw-tag utcw-tag-noodle-canyon" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/noodle-canyon/" style="font-size:10px" title="1 topic">Noodle Canyon</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:18px" title="11 topics">Oil and Gas Investing</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/oil-exploration/" style="font-size:14px" title="6 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/oil-production/" style="font-size:21.2px" title="15 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/opec/" style="font-size:13.2px" title="5 topics">OPEC</a> <a class="tag-link-44 utcw-tag utcw-tag-pemex" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/pemex/" style="font-size:10.8px" title="2 topics">Pemex</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/permian-basin/" style="font-size:30px" title="26 topics">Permian Basin</a> <a class="tag-link-57 utcw-tag utcw-tag-shale-oil" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/shale-oil/" style="font-size:10px" title="1 topic">Shale Oil</a> <a class="tag-link-38 utcw-tag utcw-tag-sweet-crude-oil" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/sweet-crude-oil/" style="font-size:10.8px" title="2 topics">Sweet Crude Oil</a> <a class="tag-link-23 utcw-tag utcw-tag-tax-advantages" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10.8px" title="2 topics">Tax Advantages</a> <a class="tag-link-24 utcw-tag utcw-tag-tax-incentives" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/tax-incentives/" style="font-size:10px" title="1 topic">Tax Incentives</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-oil-production/" style="font-size:22px" title="16 topics">Texas Oil Production</a> <a class="tag-link-12 utcw-tag utcw-tag-texas-railroad-commission" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/texas-railroad-commission/" style="font-size:11.6px" title="3 topics">Texas Railroad Commission</a> <a class="tag-link-37 utcw-tag utcw-tag-u-s-oil-production" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/u-s-oil-production/" style="font-size:13.2px" title="5 topics">U.S. Oil Production</a> <a class="tag-link-40 utcw-tag utcw-tag-unconventional-drilling" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/unconventional-drilling/" style="font-size:11.6px" title="3 topics">Unconventional Drilling</a> <a class="tag-link-41 utcw-tag utcw-tag-vertical-rigs" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/vertical-rigs/" style="font-size:10px" title="1 topic">Vertical Rigs</a> <a class="tag-link-50 utcw-tag utcw-tag-voestalpine" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/voestalpine/" style="font-size:10px" title="1 topic">Voestalpine</a> <a class="tag-link-47 utcw-tag utcw-tag-woodbine-sands" href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/tag/woodbine-sands/" style="font-size:10.8px" title="2 topics">Woodbine Sands</a></div><center><img src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/vision-opportunity-drive.png" width="144" height="138" alt="Vision Opportunity Drive" style="padding-top:15px;"/></center> </div><!-- end sidebar --><div class="clearFix"> </div><!-- end clearFix --> </div><!-- end text --> </div><!-- end white --> <div id="footer"><div class="text"><p>Aresco LP 861 N Coleman Road, Ste. 105 Prosper, TX 75078 <b>Phone: 972-992-3127</b> Fax: 972-992-3137 </p><div id="social"><a href="https://web.archive.org/web/20150405033919/https://www.facebook.com/pages/Aresco/510139499068554" target="_blank"><img src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/facebook.png" width="31" height="31" alt="Facebook"/></a><a href="https://web.archive.org/web/20150405033919/https://twitter.com/ArescoLP" target="_blank"><img src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/twitter.png" width="31" height="31" alt="Twitter"/></a><a href="https://web.archive.org/web/20150405033919/http://www.linkedin.com/company/aresco-lp" target="_blank"><img src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/linkedin.png" width="31" height="31" alt="LinkedIn"/></a><a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/feed/"><img src="https://web.archive.org/web/20150405033919im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/rss.png" width="31" height="31" alt="RSS"/></a></div><!-- end social --> </center> <div class="clearFix"> </div><!-- end clearFix --> </div><!-- end text --> </div><!-- end footer --> <div id="disclaimer"><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> <p class="copyright">Copyright © 2015<br>Aresco LP. All rights reserved.</p> <p class="credits">Site by <a href="https://web.archive.org/web/20150405033919/http://www.a3kdesign.com/" target="_blank" rel="nofollow">A3K Advertising, Inc.</a><br>Admin <a href="https://web.archive.org/web/20150405033919/http://www.arescotx.com/wp-login.php">Log in</a></p> </div><!-- end disclaimer --> </div><!-- end wrapper --> <!-- ngg_resource_manager_marker --><script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/ubermenu/core/js/hoverIntent.js?ver=4.1.1"></script> <script type="text/javascript"> /* <![CDATA[ */ var uberMenuSettings = {"speed":"300","trigger":"hoverIntent","orientation":"horizontal","transition":"slide","hoverInterval":"20","hoverTimeout":"400","removeConflicts":"on","autoAlign":"off","noconflict":"off","fullWidthSubs":"off","androidClick":"off","iOScloseButton":"on","loadGoogleMaps":"off","repositionOnLoad":"off"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/ubermenu/core/js/ubermenu.min.js?ver=4.1.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/new-royalslider/lib/royalslider/jquery.royalslider.min.js?ver=3.0.93"></script> <script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/map-instance.js"></script><script type="text/javascript" src="https://web.archive.org/web/20150405033919js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/tooltip.js"></script><link rel="stylesheet" type="text/css" href="https://web.archive.org/web/20150405033919cs_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/map.css"><div class="mpfy-popup"> <a href="#" class="close">Close</a> <div class="mpfy-popup-cnt"> </div> </div> <script> jQuery(document).ready(function($) { $("a.nturl").on("click",function() { default_lang = "en"; lang_prefix = $(this).attr("class").split(" ")[2]; if (lang_prefix == default_lang) { load_default(); } else { load_selected_language(); } function load_default() { doGoogleLanguageTranslator(default_lang + "|" + default_lang); } function load_selected_language() { doGoogleLanguageTranslator(default_lang + "|" + lang_prefix); } }); $("a.flag").on("click",function() { default_lang = "en"; lang_prefix = $(this).attr("class").split(" ")[2]; if (lang_prefix == default_lang) { load_default(); } else { load_selected_language(); } function load_default() { doGoogleLanguageTranslator(default_lang + "|" + default_lang); } function load_selected_language() { doGoogleLanguageTranslator(default_lang + "|" + lang_prefix); } }); if ($ ("body > #google_language_translator").length == 0) { $("#glt-footer").html("<div id='google_language_translator'></div>"); } }); </script> <div id="glt-footer"></div><script type="text/javascript">function GoogleLanguageTranslatorInit() { new google.translate.TranslateElement({pageLanguage: 'en', includedLanguages:'zh-CN,en,ko', autoDisplay: false}, 'google_language_translator');}</script><script type="text/javascript" src="//web.archive.org/web/20150405033919js_/http://translate.google.com/translate_a/element.js?cb=GoogleLanguageTranslatorInit"></script> <!--Plugin WP Admin Bar Removal 2014.0816.0392 Active - Tag 74be16979710d4c4e7c6647856088456--> <!--Site Optimized to Speedup Control Panel Minimize Memory Consumption with Disabled Toolbar--> </body> </html><!-- FILE ARCHIVED ON 03:39:19 Apr 05, 2015 AND RETRIEVED FROM THE INTERNET ARCHIVE ON 08:20:35 Dec 11, 2024. JAVASCRIPT APPENDED BY WAYBACK MACHINE, COPYRIGHT INTERNET ARCHIVE. ALL OTHER CONTENT MAY ALSO BE PROTECTED BY COPYRIGHT (17 U.S.C. SECTION 108(a)(3)). --> <!-- playback timings (ms): captures_list: 0.479 exclusion.robots: 0.032 exclusion.robots.policy: 0.023 esindex: 0.009 cdx.remote: 33.755 LoadShardBlock: 134.815 (3) PetaboxLoader3.datanode: 121.144 (4) PetaboxLoader3.resolve: 278.025 (2) load_resource: 328.569 -->