CINXE.COM
Energy Information Administration (EIA) | 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/energy-information-administration-eia/","20140525154346","https://web.archive.org/","web","/_static/", "1401032626"); </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>Energy Information Administration (EIA) | Aresco</title> <link href="https://web.archive.org/web/20140525154346cs_/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/20140525154346cs_/http://www.arescotx.com/wp-content/themes/arescoA3K/style.css ); </style> <!--[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/20140525154346/http://www.arescotx.com/feed/"/> <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/"/> <!--Plugin Global Brute Force Toolbar 1.6.2 Active - Tag 74be16979710d4c4e7c6647856088456--> <!-- This website is patched against a big core annoyance since WordPress 3.3+ to date --> <link rel="alternate" type="application/rss+xml" title="Aresco » Energy Information Administration (EIA) Tag Feed" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/energy-information-administration-eia/feed/"/> <link rel="stylesheet" id="fancybox-css-css" href="https://web.archive.org/web/20140525154346cs_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/fancybox/jquery.fancybox.css?ver=3.9.1" type="text/css" media="all"/> <link rel="stylesheet" id="nextgen_gallery_related_images-css" href="https://web.archive.org/web/20140525154346cs_/http://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/nextgen_gallery_display/static/nextgen_gallery_related_images.css?ver=3.9.1" type="text/css" media="all"/> <link rel="stylesheet" id="responsive-lightbox-swipebox-front-css" href="https://web.archive.org/web/20140525154346cs_/http://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/source/swipebox.css?ver=3.9.1" type="text/css" media="all"/> <link rel="stylesheet" id="responsive-video-light-css" href="https://web.archive.org/web/20140525154346cs_/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="UserAccessManagerAdmin-css" href="https://web.archive.org/web/20140525154346cs_/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/20140525154346cs_/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/20140525154346cs_/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/20140525154346cs_/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/20140525154346cs_/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/20140525154346cs_/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"> /* <![CDATA[ */ var photocrati_ajax = {"url":"https:\/\/web.archive.org\/web\/20140525154346\/http:\/\/www.arescotx.com\/photocrati_ajax","wp_site_url":"https:\/\/web.archive.org\/web\/20140525154346\/http:\/\/www.arescotx.com","wp_site_static_url":"https:\/\/web.archive.org\/web\/20140525154346\/http:\/\/www.arescotx.com"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/ajax/static/ajax.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-includes/js/jquery/jquery.js?ver=1.11.0"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/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/20140525154346js_/http://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/ajax/static/persist.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/ajax/static/store.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/ajax/static/ngg_store.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/fancybox/jquery.fancybox.pack.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/hammer.min.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/jcarousel/lib/jquery.jcarousel.min.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://maps.googleapis.com/maps/api/js?sensor=false&libraries=geometry&ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/nextgen-gallery/products/photocrati_nextgen/modules/lightbox/static/lightbox_context.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/responsive-lightbox/assets/swipebox/source/jquery.swipebox.min.js?ver=3.9.1"></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/20140525154346js_/http://www.arescotx.com/wp-content/plugins/responsive-lightbox/js/front.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/user-access-manager/js/jquery.tools.min.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/user-access-manager/js/functions.js?ver=3.9.1"></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 3.9.1"/> <link rel="stylesheet" href="https://web.archive.org/web/20140525154346cs_/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><!-- <meta name="NextGEN" version="2.0.65" /> --> <!--[if lt IE 8]> <script src="http://ie7-js.googlecode.com/svn/version/2.1(beta4)/IE8.js"></script> <![endif]--> <!-- All in One SEO Pack 2.1.5 by Michael Torbert of Semper Fi Web Design[240,301] --> <meta name="description" content="Energy Information Administration (EIA) blogs, articles, news, and videos at Aresco LP."/> <link rel="canonical" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/energy-information-administration-eia/"/> <!-- /all in one seo pack --> <!-- Easy Columns 2.1.1 by Pat Friedl http://www.patrickfriedl.com --> <link rel="stylesheet" href="https://web.archive.org/web/20140525154346cs_/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 --> <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/20140525154346/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/20140525154346/http://www.arescotx.com/"><img src="https://web.archive.org/web/20140525154346im_/http://www.arescotx.com/wp-content/themes/arescoA3K/images/Aresco-Energy.png" width="241" height="82" alt="Aresco Energy"/></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/20140525154346/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-1559" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-0 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/"><span class="wpmega-link-title">Home</span></a></li><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-1 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20140525154346/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-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/20140525154346/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/20140525154346/http://www.arescotx.com/about-aresco/why-invest/"><span class="wpmega-link-title">Why 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-2 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20140525154346/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-3 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20140525154346/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 ss-nav-menu-item-4 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/photos-videos/"><span class="wpmega-link-title">Photos & Videos</span></a></li><li id="menu-item-2334" class="menu-item menu-item-type-post_type menu-item-object-page ss-nav-menu-item-5 ss-nav-menu-item-depth-0 ss-nav-menu-reg"><a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/og-education-resources/"><span class="wpmega-link-title">Resources</span></a></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/20140525154346/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/20140525154346/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/20140525154346/http://www.arescotx.com/mexicos-eagle-ford-gain-to-reap-texas-reward/">Mexico’s Eagle Ford Gain to Reap Texas Reward</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, April 23rd, 2014 and is filed under <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p><a title="Mexico Eagle Ford Shale Oil Production" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/mexicos-eagle-ford-gain-to-reap-texas-reward/mexico-eagle-ford-shale/" target="_blank" rel="attachment wp-att-3706"><img class="alignleft size-full wp-image-3706" style="border: 0px none; margin: 5px 10px;" alt="mexico-eagle-ford-shale" src="https://web.archive.org/web/20140525154346im_/http://www.arescotx.com/wp-content/uploads/mexico-eagle-ford-shale.jpg" width="275" height="200"/></a>Two potentially propitious forces are converging in Eagle Ford: one geological, the other political. This revolutionary convergence could be a boon for Texas.</p> <p>Though most of it lies underground in the Lone Star State, the rich Eagle Ford Shale formation doesn’t terminate at the border. It extends well into Mexico. Now, as <a title="Eagle Ford Shale" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/eagle-ford-shale/">Eagle Ford</a> and other vast shale plays in Mexico are tapped, U.S. companies and their concomitant technologies—as well as the state of Texas itself—stand to reap huge rewards.</p> <p>What’s driving this shift? <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/mexicos-eagle-ford-gain-to-reap-texas-reward/#more-3701" 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/20140525154346/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/20140525154346/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/category/texas-oil-and-gas-investing/" title="View all posts in 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/20140525154346/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/20140525154346/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/20140525154346/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in 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/20140525154346/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/20140525154346im_/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/20140525154346/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/20140525154346/http://www.arescotx.com/new-eia-publication-provides-insight-and-analysis-on-domestic-production-trends/">New EIA publication provides insight and analysis on domestic production trends</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, October 29th, 2013 and is filed under <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/category/oil-and-gas-current-events/" title="View all posts in Oil and Gas Current Events" rel="category tag">Oil and Gas Current Events</a></p> <p>The Energy Information Administration (EIA) has begun publishing a new report to provide detailed, region-specific insights and analysis into rig efficiency, new well productivity, decline rates at previously existing wells, and overall production trends.</p> <h2>According to EIA.gov: <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/new-eia-publication-provides-insight-and-analysis-on-domestic-production-trends/#more-3074" class="more-link">Read More</a></h2> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> </div><!-- end content --> <div id="sidebar"> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/eagle-ford-shale-boom-may-soon-cross-mexican-border/">Eagle Ford Shale Boom May Soon Cross Mexican Border</a> </li> <li> <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/aresco-lp-purchases-position-in-halcon-wells-in-southeast-texas-brazos-basin/">Aresco LP purchases position in Halcón wells in Southeast Texas’ Brazos Basin</a> </li> <li> <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/boom-stresses-expose-rich-permian-opportunities/">Boom Stresses Expose Rich Permian Opportunities</a> </li> <li> <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/mexicos-eagle-ford-gain-to-reap-texas-reward/">Mexico’s Eagle Ford Gain to Reap Texas Reward</a> </li> <li> <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/unconventional-processes-are-driving-permian-basin-riches/">Unconventional Processes are Driving Permian Basin Riches</a> </li> </ul> <style scoped type="text/css">.utcw-b1fq2ep {word-wrap:break-word}.utcw-b1fq2ep span,.utcw-b1fq2ep a{border-width:0px}.utcw-b1fq2ep span:hover,.utcw-b1fq2ep a:hover{border-width:0px}</style><p class="titles">Tag Cloud</p><div class="utcw-b1fq2ep tagcloud"><a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/bakken-shale/" style="font-size:10px" title="1 topic">Bakken Shale</a> <a class="tag-link-35 utcw-tag utcw-tag-barnett-shale" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/barnett-shale/" style="font-size:10px" title="1 topic">Barnett Shale</a> <a class="tag-link-20 utcw-tag utcw-tag-brandon-laxton" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:10px" title="1 topic">Brandon Laxton</a> <a class="tag-link-46 utcw-tag utcw-tag-brazos-basin" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/brazos-basin/" style="font-size:10px" title="1 topic">Brazos Basin</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:10px" title="1 topic">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/domestic-oil-production/" style="font-size:11.5384615385px" title="2 topics">Domestic Oil Production</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/drilling-technology/" style="font-size:23.8461538462px" title="10 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:30px" title="14 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:13.0769230769px" title="3 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/20140525154346/http://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14.6153846154px" title="4 topics">Energy Information Administration (EIA)</a> <a class="tag-link-36 utcw-tag utcw-tag-energy-production" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/energy-production/" style="font-size:10px" title="1 topic">Energy Production</a> <a class="tag-link-27 utcw-tag utcw-tag-fayetteville-shale" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/fayetteville-shale/" style="font-size:10px" title="1 topic">Fayetteville Shale</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/fracking/" style="font-size:10px" title="1 topic">Fracking</a> <a class="tag-link-30 utcw-tag utcw-tag-gas-prices" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/gas-prices/" style="font-size:10px" title="1 topic">Gas Prices</a> <a class="tag-link-48 utcw-tag utcw-tag-halcon" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/halcon/" style="font-size:10px" title="1 topic">Halcón</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/horizontal-drilling/" style="font-size:14.6153846154px" title="4 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:28.4615384615px" title="13 topics">Hydraulic Fracturing</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:11.5384615385px" title="2 topics">Investing in Texas Oil</a> <a class="tag-link-26 utcw-tag utcw-tag-karnes-county-oil" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/karnes-county-oil/" style="font-size:10px" title="1 topic">Karnes County Oil</a> <a class="tag-link-4 utcw-tag utcw-tag-keystone-pipeline" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:11.5384615385px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-49 utcw-tag utcw-tag-mexico-eagle-ford" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/mexico-eagle-ford/" style="font-size:10px" title="1 topic">Mexico Eagle Ford</a> <a class="tag-link-45 utcw-tag utcw-tag-mexico-national-hydrocarbons-commission" href="https://web.archive.org/web/20140525154346/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/20140525154346/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:13.0769230769px" title="3 topics">Natural Gas Production</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:20.7692307692px" title="8 topics">Oil and Gas Investing</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/oil-exploration/" style="font-size:13.0769230769px" title="3 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/oil-production/" style="font-size:22.3076923077px" title="9 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/opec/" style="font-size:10px" title="1 topic">OPEC</a> <a class="tag-link-44 utcw-tag utcw-tag-pemex" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/pemex/" style="font-size:11.5384615385px" title="2 topics">Pemex</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/permian-basin/" style="font-size:28.4615384615px" title="13 topics">Permian Basin</a> <a class="tag-link-38 utcw-tag utcw-tag-sweet-crude-oil" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/sweet-crude-oil/" style="font-size:10px" title="1 topic">Sweet Crude Oil</a> <a class="tag-link-23 utcw-tag utcw-tag-tax-advantages" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/tax-advantages/" style="font-size:10px" title="1 topic">Tax Advantages</a> <a class="tag-link-24 utcw-tag utcw-tag-tax-incentives" href="https://web.archive.org/web/20140525154346/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/20140525154346/http://www.arescotx.com/tag/texas-oil-production/" style="font-size:28.4615384615px" title="13 topics">Texas Oil Production</a> <a class="tag-link-12 utcw-tag utcw-tag-texas-railroad-commission" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/texas-railroad-commission/" style="font-size:13.0769230769px" title="3 topics">Texas Railroad Commission</a> <a class="tag-link-28 utcw-tag utcw-tag-transcanada" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/transcanada/" style="font-size:10px" title="1 topic">TransCanada</a> <a class="tag-link-37 utcw-tag utcw-tag-u-s-oil-production" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/u-s-oil-production/" style="font-size:11.5384615385px" title="2 topics">U.S. Oil Production</a> <a class="tag-link-40 utcw-tag utcw-tag-unconventional-drilling" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/unconventional-drilling/" style="font-size:11.5384615385px" title="2 topics">Unconventional Drilling</a> <a class="tag-link-31 utcw-tag utcw-tag-venezuela-oil" href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/tag/venezuela-oil/" style="font-size:10px" title="1 topic">Venezuela Oil</a> <a class="tag-link-41 utcw-tag utcw-tag-vertical-rigs" href="https://web.archive.org/web/20140525154346/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/20140525154346/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/20140525154346/http://www.arescotx.com/tag/woodbine-sands/" style="font-size:10px" title="1 topic">Woodbine Sands</a></div><center><img src="https://web.archive.org/web/20140525154346im_/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 2805 Dallas Parkway Suite 220 Plano, Texas 75093 <b>Phone: 972-992-3127</b> Fax: 972-992-3137 </p><div id="social"><a href="https://web.archive.org/web/20140525154346/https://www.facebook.com/pages/Aresco/510139499068554" target="_blank"><img src="https://web.archive.org/web/20140525154346im_/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/20140525154346/https://twitter.com/ArescoLP" target="_blank"><img src="https://web.archive.org/web/20140525154346im_/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/20140525154346/http://www.linkedin.com/company/aresco-lp" target="_blank"><img src="https://web.archive.org/web/20140525154346im_/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/20140525154346/http://www.arescotx.com/feed/"><img src="https://web.archive.org/web/20140525154346im_/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 © 2014<br>Aresco LP. All rights reserved.</p> <p class="credits">Site by <a href="https://web.archive.org/web/20140525154346/http://www.a3kdesign.com/" target="_blank" rel="nofollow">A3K Advertising, Inc.</a><br>Admin <a href="https://web.archive.org/web/20140525154346/http://www.arescotx.com/wp-login.php">Log in</a> | Hostgator VPS</p> </div><!-- end disclaimer --> </div><!-- end wrapper --> <!-- ngg_resource_manager_marker --><script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/ubermenu/core/js/hoverIntent.js?ver=3.9.1"></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/20140525154346js_/http://www.arescotx.com/wp-content/plugins/ubermenu/core/js/ubermenu.min.js?ver=3.9.1"></script> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/new-royalslider/lib/royalslider/jquery.royalslider.min.js?ver=3.0.93"></script> <!--Plugin Global Brute Force Toolbar 1.6.2 Active - Tag 74be16979710d4c4e7c6647856088456--> <!-- This website is patched against a big core annoyance since WordPress 3.3+ to date --> <script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/map-instance.js"></script><script type="text/javascript" src="https://web.archive.org/web/20140525154346js_/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/20140525154346cs_/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></body> </html><!-- FILE ARCHIVED ON 15:43:46 May 25, 2014 AND RETRIEVED FROM THE INTERNET ARCHIVE ON 15:28:48 Nov 28, 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: 0.564 exclusion.robots: 0.029 exclusion.robots.policy: 0.018 esindex: 0.011 cdx.remote: 24.162 LoadShardBlock: 57.763 (3) PetaboxLoader3.datanode: 100.373 (4) load_resource: 89.557 PetaboxLoader3.resolve: 36.79 -->