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ss-nav-menu-item-7 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/contact-us/"><span class="wpmega-link-title">Contact</span></a></li></ul></div></div> <div class="sidebarYellow"> </div> <div class="sidebarWhite"> <div class="text"> <div id="content">   <div class="entry"><h1><a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/u-s-shale-success-fueled-by-one-thing-yankee-knowhow/">U.S. Shale Success Fueled by One Thing: Yankee Knowhow</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, July 28th, 2014 and is filed under <a href="https://web.archive.org/web/20150405034422/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/20150405034422/http://www.arescotx.com/category/oil-and-gas-interesting-facts/" rel="category tag">Oil and Gas Interesting Facts</a></p> <p>It’s been roiling at a vigorous boil since 2008. That’s when U.S. tight-oil (light crude trapped in geological formations of low permeability) production exploded: <a title="U.S. oil production increase" href="https://web.archive.org/web/20150405034422/http://www.economist.com/news/united-states/21596553-benefits-shale-oil-are-bigger-many-americans-realise-policy-has-yet-catch" target="_blank">from 600,000 to 3.5 million barrels</a> per day at the start of 2014. Thanks to the deluge of hydrocarbon resources from shale formations, petroleum is once again turbocharging U.S. economic growth.</p> <p>Thank the innovative technologies of hydraulic fracturing (“fracking”) and horizontal drilling for this success. The boom began in the 1990s, when the late oil and gas pioneer <a title="George P. Mitchell" href="https://web.archive.org/web/20150405034422/http://www.forbes.com/profile/george-mitchell/" target="_blank">George P. Mitchell</a> perfected and deployed hydraulic fracking processes to crack open gas reserves in the <a title="Barnett Shale" href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/tag/barnett-shale/">Barnett Shale</a> field outside Fort Worth, Texas. Since then, the technology has burst the door open to shale development worldwide.</p> <p>Only it hasn’t. These new technologies have dramatically increased the recovery of shale petroleum reserves in the United States, almost to the exclusion of the rest of the world. Why? <a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/u-s-shale-success-fueled-by-one-thing-yankee-knowhow/#more-4213" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/boom-stresses-expose-rich-permian-opportunities/">Boom Stresses Expose Rich Permian Opportunities</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, May 14th, 2014 and is filed under <a href="https://web.archive.org/web/20150405034422/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/20150405034422/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/20150405034422/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p><a title="Permian Basin Energy Production" href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/permian-rising-booming-energy-production-driving-tx-nm-economies/permian-basin-energy-production/" target="_blank" rel="attachment wp-att-3586"><img class="alignleft wp-image-3586" style="border: 0px none; margin: 5px 10px;" alt="Permian Basin Energy Production" src="https://web.archive.org/web/20150405034422im_/http://www.arescotx.com/wp-content/uploads/permian-basin-energy-production-300x225.jpg" width="240" height="180"/></a>Increasing oil and gas production from the Eagle Ford formation and the Permian Basin has propelled Texas passed yet another petroleum milestone. If it were its own “kingdom,” the Lone Star State would rank as the <a title="Oil and Gas Boom in Texas" href="https://web.archive.org/web/20150405034422/http://www.forbes.com/sites/davidblackmon/2014/01/09/oil-gas-boom-2014-a-great-time-to-be-a-texan/" target="_blank">9th largest oil-producing nation in the world</a>.</p> <p>Texas leapt passed oil giants like Nigeria, Mexico, Kuwait, Brazil and Venezuela moving solidly into the oil producing top ten in the twelve months preceding September 2013. Texas is on deck to surpass OPEC giants Iran, Iraq, and the United Arab Emirates if current production trends maintain their momentum.</p> <p>Much of this success is owing to the geologically opportune <strong><a title="Permian Basin" href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/tag/permian-basin/">Permian Basin</a></strong>, where crude production is expanding rapidly. <a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/boom-stresses-expose-rich-permian-opportunities/#more-3803" class="more-link">Read More</a></p> </div>   <div class="entry"><h1><a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/unconventional-processes-are-driving-permian-basin-riches/">Unconventional Processes are Driving Permian Basin Riches</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, April 21st, 2014 and is filed under <a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a></p> <p><a title="Permian Basin Shale Oil Unconventional Drilling" href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/permian-basin-on-track-to-be-top-shale-oil-producer/permian-basin-shale-oil/" target="_blank" rel="attachment wp-att-3039"><img class="alignleft size-full wp-image-3039" style="border: 0px none; margin: 5px 10px;" alt="Permian Basin Shale Oil Unconventional Drilling" src="https://web.archive.org/web/20150405034422im_/http://www.arescotx.com/wp-content/uploads/permian-basin-shale-oil.jpg" width="225" height="225"/></a>Orthodoxy is slowly being jettisoned in the <a title="Permian Basin" href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/tag/permian-basin/">Permian Basin</a>. As the oldest and most prolific hydrocarbon-producing region in the United States, the Permian is undergoing a surge in <a title="Unconventional Drilling" href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/tag/unconventional-drilling/">unconventional drilling</a>. Traditional vertical rigs represented 80 percent of the regions rig count in February 2011. That figure plunged <a title="Permian Basin Overview" href="https://web.archive.org/web/20150405034422/http://www.energyeconomist.com/a6257783p/exploration/detail/permian/Permian_Basin_Overview.html" target="_blank">to just 42 percent</a> by the end of the second week of April 2014.</p> <p>What’s driving the surge in unconventional production? Higher oil prices coupled with rich opportunities to significantly boost resource extraction are transforming the region, which began producing more than 90 years ago. To this add a cascade of technological breakthroughs that have dramatically shifted the production equation over the last half-decade. <a href="https://web.archive.org/web/20150405034422/http://www.arescotx.com/unconventional-processes-are-driving-permian-basin-riches/#more-3693" class="more-link">Read More</a></p> </div>  </div> <div id="sidebar"> <div id="flags" class="size"><ul id="sortable" class="ui-sortable" style="float:left"><li id="English"><a title="English" class="notranslate flag en"></a></li></ul></div><div id="google_language_translator"></div> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/http://www.arescotx.com/permian-basin-drilling/">Permian Basin Drilling</a> </li> <li> <a href="https://web.archive.org/web/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/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/20150405034422/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10.8px" title="2 topics">Tax 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