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class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-8067 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/photos-videos/life-cycle-of-an-oil-well/"><span class="ubermenu-target-title ubermenu-target-text">Life Cycle of an Oil Well</span></a></li><li id="menu-item-4654" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4654 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/photos-videos/3d-rig-tour/"><span class="ubermenu-target-title ubermenu-target-text">Oil Rig 3D Virtual Tour</span></a></li><li id="menu-item-7222" class="ubermenu-item ubermenu-item-type-post_type 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ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4655 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/photos-videos/well-log-animation/"><span class="ubermenu-target-title ubermenu-target-text">Well Logging Animation</span></a></li><li id="menu-item-4656" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4656 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/photos-videos/salt-water-disposal-animation/"><span class="ubermenu-target-title ubermenu-target-text">Saltwater Disposal Wells Video Animation</span></a></li><li id="menu-item-4663" class="ubermenu-item 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class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4842 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/photos-videos/drilling-the-noodle-canyon-1-in-jones-county-texas/"><span class="ubermenu-target-title ubermenu-target-text">Noodle Canyon #1</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fa fa-times"></i> Close</li></ul></li><li id="menu-item-2334" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children ubermenu-item-2334 ubermenu-item-level-0 ubermenu-column ubermenu-column-auto ubermenu-has-submenu-drop ubermenu-has-submenu-flyout"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/og-education-resources/" tabindex="0"><span class="ubermenu-target-title ubermenu-target-text">Resources</span></a><ul class="ubermenu-submenu ubermenu-submenu-id-2334 ubermenu-submenu-type-flyout ubermenu-submenu-drop ubermenu-submenu-align-left_edge_item"><li id="menu-item-4008" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4008 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/og-education-resources/frequently-asked-questions/"><span class="ubermenu-target-title ubermenu-target-text">Frequently Asked Oil and Gas Questions</span></a></li><li id="menu-item-4001" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-4001 ubermenu-item-auto ubermenu-item-normal 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class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/og-education-resources/oil-and-gas-industry-quiz/"><span class="ubermenu-target-title ubermenu-target-text">Oil and Gas Industry Quiz</span></a></li><li id="menu-item-24660" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-24660 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/what-is-a-qib/"><span class="ubermenu-target-title ubermenu-target-text">QIB Definition</span></a></li><li class="ubermenu-retractor ubermenu-retractor-mobile"><i class="fa fa-times"></i> Close</li></ul></li><li id="menu-item-5288" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-has-children 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class="ubermenu-target-title ubermenu-target-text">Oil and Gas Investment Evaluation</span></a></li><li id="menu-item-5292" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5292 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/oil-gas-industry-consulting-services/geologic-field-appraisal/"><span class="ubermenu-target-title ubermenu-target-text">Geologic Field Appraisal</span></a></li><li id="menu-item-5291" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5291 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/oil-gas-industry-consulting-services/field-revitalization/"><span class="ubermenu-target-title ubermenu-target-text">Field Revitalization</span></a></li><li id="menu-item-5289" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5289 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target ubermenu-item-layout-default ubermenu-item-layout-text_only" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/oil-gas-industry-consulting-services/submitting-an-investment-opportunity-evaluation-request/"><span class="ubermenu-target-title ubermenu-target-text">Investment Evaluation Request</span></a></li><li id="menu-item-5290" class="ubermenu-item ubermenu-item-type-post_type ubermenu-item-object-page ubermenu-item-5290 ubermenu-item-auto ubermenu-item-normal ubermenu-item-level-1"><a class="ubermenu-target 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Hurricane Harvey</h1> </div> </div> </div> </div> <script type="text/javascript"> var imgCount = 8; var dir = 'https://web.archive.org/web/20210919204639/https://www.arescotx.com/bgimages/'; var randomCount = Math.round(Math.random() * (imgCount - 1)) + 1; var images = new Array images[1] = "01.jpg", images[2] = "02.jpg", images[3] = "03.jpg", images[4] = "04.jpg", images[5] = "05.jpg", images[6] = "06.jpg", images[7] = "07.jpg", images[8] = "08.jpg", document.getElementById("rotatortwo").style.backgroundImage = "url(" + dir + images[randomCount] + ")"; </script> <div class="container content"> <div class="row"> <div class="col-lg-9 col-md-9 padright"> <p style="font-size:11px;margin-top:30px;">Tuesday, September 26th, 2017 and is filed under <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" rel="category tag">New Mexico Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/oil-and-gas-current-events/" rel="category tag">Oil and Gas Current Events</a>, <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/oil-and-gas-interesting-facts/" rel="category tag">Oil and Gas Fun Facts</a>, <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a>, <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <p><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/wp-content/uploads/hurricane-harvey-houston-flooding-85743219_s.jpg" data-rel="lightbox-image-0" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="alignleft wp-image-16313" src="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/hurricane-harvey-houston-flooding-85743219_s.jpg" alt="Hurricane Harvey Houston Flooding" width="375" height="250" srcset="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/hurricane-harvey-houston-flooding-85743219_s.jpg 450w, https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/hurricane-harvey-houston-flooding-85743219_s-300x200.jpg 300w" sizes="(max-width: 375px) 100vw, 375px"/></a>The <a href="https://web.archive.org/web/20210919204639/https://www.iea.org/oilmarketreport/omrpublic/" target="_blank">International Energy Agency</a> (IEA) reported a sharp increase in the demand for oil in the second quarter of 2017 with growth at 2.4 percent or 2.3 million barrels per day. The agency’s 2017 growth estimate has been revised upwards to 1.6 million barrels per day. The IEA is predicting the growth will continue into 2018 at the rate of 1.4 percent.<span id="more-16310"></span></p> <p>Neil Atkinson, head of the IEA’s oil industry and markets division, indicated that a rebalancing of the market is underway as demand is “pretty robust”. This optimistic prediction comes as global oil supplies decreased in August. The reduction in supply was caused by multilateral measures to reduce excess stock in addition to unplanned outages caused by Hurricane Harvey.</p> <p><a href="https://web.archive.org/web/20210919204639/https://www.facebook.com/arescolp/" target="_blank"><img loading="lazy" class="aligncenter wp-image-17060 size-full" src="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png" sizes="(max-width: 728px) 100vw, 728px" srcset="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook.png 728w, https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/follow-aresco-on-facebook-300x16.png 300w" alt="Follow Aresco on Facebook to Stay Up-to-Date on the Oil and Gas Industry" width="728" height="40"></a></p> <p>U.S. <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/oil-production/">crude production</a> was temporarily disrupted by about 800,000 barrels per day in the aftermath of <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/hurricane-harvey/">Hurricane Harvey</a> primarily in the <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/eagle-ford-shale/">Texas Eagle Ford Shale</a> area. According to <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/opec/">OPEC</a>‘s <a href="https://web.archive.org/web/20210919204639/http://www.opec.org/opec_web/en/publications/338.htm" target="_blank">Monthly Oil Market Report</a>, “existing high stock levels and the restart of refineries and pipelines after Harvey allowed gasoline futures prices to quickly return to previous levels and the shortfall of U.S. products exports to nearby destinations has been accommodated by cargoes from other regions.” Harvey impacted the NYMEX WTI values showing a slip from 5 percent from the previous week to $45.96 per barrel. This slip can be attributed to the fact that lasting damage to offshore facilities was not expected. Also, the U.S. supply is less vulnerable to storms with the development of the U.S. <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/shale-production/">shale industry</a>.</p> <p><a href="https://web.archive.org/web/20210919204639/http://www.txoilinvestments.com/"><img loading="lazy" class="aligncenter size-full wp-image-7301" src="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/oil-investment-opportunities.png" alt="Oil & Gas Investment Opportunities in Texas, the Gulf Coast, and Beyond" width="693" height="200" srcset="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/oil-investment-opportunities.png 693w, https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/oil-investment-opportunities-300x87.png 300w" sizes="(max-width: 693px) 100vw, 693px"/></a></p> <p>In the wake of Harvey, oil producers have been dealing with disruptions in shipping, pipeline operations and refining along the Gulf Coast. <a href="https://web.archive.org/web/20210919204639/http://www.mysanantonio.com/business/eagle-ford-energy/article/Eagle-Ford-shale-production-slowly-comes-back-12178406.php" target="_blank">Mysanantonio.com</a> reported that even if the usual amount of oil was pumped, refiners weren’t buying it. Several refineries from <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/corpus-christi/">Corpus Christi</a> to Port Arthur were shut down for several days following Hurricane Harvey. However, the Eagle Ford area was able to bounce back quickly after the extreme weather. EOG Resources, the largest oil producer in the Eagle Ford, expects its oil production to drop slightly by roughly 15,000 barrels for that quarter. The company, however, expects to offset that drop by adjusting its drilling schedule, making the prediction that it could produce the 332,000 to 338,000 barrels it had expected to produce pre-storm. <a href="https://web.archive.org/web/20210919204639/http://news.ihsmarkit.com/press-release/energy-power-media/ihs-markit-hurricane-harvey-update-september-6-2017" target="_blank">IHS Market</a> stated that in the wake of Hurricane Harvey, key Eagle Ford operators are reporting a quick ramp up in production nearly reaching pre-storm levels. Indications were good that production would continue to increase as there had been no reports of damage to crude-producing operations as personnel were completing inspections and resuming operations.</p> <p><a href="https://web.archive.org/web/20210919204639/http://www.txoilinvestments.com/"><img loading="lazy" class="aligncenter size-full wp-image-4941" src="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/oil-investing-tax-shelter.png" alt="Oil Investing Opportunities" width="693" height="200" srcset="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/oil-investing-tax-shelter.png 693w, https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/oil-investing-tax-shelter-300x86.png 300w" sizes="(max-width: 693px) 100vw, 693px"/></a></p> <p><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/wp-content/uploads/texas-strong-85259739_s.jpg" data-rel="lightbox-image-1" data-rl_title="" data-rl_caption="" title=""><img loading="lazy" class="alignright wp-image-16314" src="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/texas-strong-85259739_s.jpg" alt="Texas Strong - #TexasStrong" width="400" height="400" srcset="https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/texas-strong-85259739_s.jpg 450w, https://web.archive.org/web/20210919204639im_/https://www.arescotx.com/wp-content/uploads/texas-strong-85259739_s-300x300.jpg 300w" sizes="(max-width: 400px) 100vw, 400px"/></a>Although operators in the Eagle Ford have recovered remarkably well after Harvey and production is on track, it should be noted that the <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/permian-basin/">Permian Basin</a> area can easily provide enough oil for increased demand. The <a href="https://web.archive.org/web/20210919204639/https://www.eia.gov/todayinenergy/detail.php?id=7030" target="_blank">Energy Information Administration</a> describes the Permian Basin area as a long-time oil and natural gas producing region in west Texas and eastern New Mexico. Oil production in the Permian Basin continues to increase making it a reliable source even if Eagle Ford producers are unable to keep up with demand.</p> <p>Texas leads the way when it comes to oil production and associated technologies. The oil producers of Texas consistently develop new and innovative technologies in oil production that are recognized worldwide. Therefore, it is no surprise that these same oil producers have found a way to bounce back and resume operations after Hurricane Harvey and many are optimistic that production levels will reach pre-storm levels in the very near future. Although Texas was hit hard by Harvey and is still dealing with the aftermath, it has proven its ability to bounce back quickly after such a hard blow, illustrating what is meant by the saying, “Texas Strong.”</p> <div class="nextpages"></div> <div style="padding-top:30px;"> <ul class="pager">  <li class="nav-previous"><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/fiber-optic-pipeline-leak-detection-systems/" rel="next">Previous</a></li>  <li class="nav-bloghome"><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/latest-news/"><span class="icon"></span>All Posts</a></li>  <li class="nav-next"><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/us-a-net-exporter-of-oil-by-2023-says-sp-global-platts/" rel="prev">Next</a></li> </ul> </div> <ul class="pager"> <li></li> <li></li> </ul> </div> <div class="col-lg-3 col-md-3 sidebar"> <p class="titles">Recent Posts</p> <ul> <li> <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/eagle-ford-shale-production-shattering-records-in-texas/">Eagle Ford Shale Production Numbers Luring Investors to the Region</a> </li> <li> <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/why-invest-in-north-american-energy-and-why-now/">Why invest in North American energy, and why now?</a> </li> <li> <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/texas-tops-oil-and-gas-investments/">Texas Tops Oil and Gas Investments</a> </li> <li> <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/vertical-wells-still-a-mainstay-of-oil-production-in-oklahoma/">Vertical Wells Still a Mainstay of Oil Production in Oklahoma</a> </li> <li> <a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/when-was-fracking-first-used/">When was fracking first used?</a> </li> </ul> <p class="titles">Categories</p> <ul> <li class="cat-item cat-item-14"><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/new-mexico-oil-and-gas-investing/" title="New Mexico oil and gas investing news, blogs, and videos by Aresco LP. See why now is the time to invest in the oil and gas industry in New Mexico. ">New Mexico Oil and Gas Investing</a> </li> <li class="cat-item cat-item-6"><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/oil-and-gas-current-events/" title="Aresco LP publishes oil and gas current events, technology news, and industry related news from around the world. Aresco is a privately held company. ">Oil and Gas Current Events</a> </li> <li class="cat-item cat-item-25"><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/oil-and-gas-interesting-facts/" title="Oil and gas fun facts and interesting information. Each of these articles contain information sure to test your knowledge of the oil and gas industry. 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">Texas Oil and Gas Investing</a> </li> <li class="cat-item cat-item-1"><a href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/category/uncategorized/" title="General blog category on Aresco LP's Oil and Gas Current Events blog.">Uncategorized</a> </li> </ul> <style scoped type="text/css">.utcw-b1fq2ep {word-wrap:break-word}.utcw-b1fq2ep span,.utcw-b1fq2ep a{border-width:0px}.utcw-b1fq2ep span:hover,.utcw-b1fq2ep a:hover{border-width:0px}</style><p class="titles">Tag Cloud</p><div class="utcw-b1fq2ep tagcloud"><a class="tag-link-43 utcw-tag utcw-tag-bakken-shale" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/bakken-shale/" style="font-size:10.512820512821px" title="9 topics">Bakken Shale</a> <a class="tag-link-95 utcw-tag utcw-tag-crude-oil" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/crude-oil/" style="font-size:30px" title="47 topics">Crude Oil</a> <a class="tag-link-70 utcw-tag utcw-tag-crude-oil-export-ban" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/crude-oil-export-ban/" style="font-size:10px" title="8 topics">Crude Oil Export Ban</a> <a class="tag-link-105 utcw-tag utcw-tag-crude-oil-exports" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/crude-oil-exports/" style="font-size:10.512820512821px" title="9 topics">Crude Oil Exports</a> <a class="tag-link-7 utcw-tag utcw-tag-crude-oil-prices" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/crude-oil-prices/" style="font-size:14.615384615385px" title="17 topics">Crude Oil Prices</a> <a class="tag-link-39 utcw-tag utcw-tag-domestic-oil-production" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/domestic-oil-production/" style="font-size:15.641025641026px" title="19 topics">Domestic Oil Production</a> <a class="tag-link-101 utcw-tag utcw-tag-donald-j-trump" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/donald-j-trump/" style="font-size:10px" title="8 topics">Donald J Trump</a> <a class="tag-link-5 utcw-tag utcw-tag-drilling-technology" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/drilling-technology/" style="font-size:13.589743589744px" title="15 topics">Drilling Technology</a> <a class="tag-link-10 utcw-tag utcw-tag-eagle-ford-shale" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:20.769230769231px" title="29 topics">Eagle Ford Shale</a> <a class="tag-link-33 utcw-tag utcw-tag-eagle-ford-shale-production" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:10.512820512821px" title="9 topics">Eagle Ford Shale Production</a> <a class="tag-link-100 utcw-tag utcw-tag-energy-independence" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/energy-independence/" style="font-size:10.512820512821px" title="9 topics">Energy Independence</a> <a class="tag-link-16 utcw-tag utcw-tag-energy-information-administration-eia" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/energy-information-administration-eia/" style="font-size:14.102564102564px" title="16 topics">Energy Information Administration (EIA)</a> <a class="tag-link-42 utcw-tag utcw-tag-fracking" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/fracking/" style="font-size:11.538461538462px" title="11 topics">Fracking</a> <a class="tag-link-34 utcw-tag utcw-tag-horizontal-drilling" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/horizontal-drilling/" style="font-size:12.051282051282px" title="12 topics">Horizontal Drilling</a> <a class="tag-link-8 utcw-tag utcw-tag-hydraulic-fracturing" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:17.692307692308px" title="23 topics">Hydraulic Fracturing</a> <a class="tag-link-29 utcw-tag utcw-tag-investing-in-texas-oil" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:11.025641025641px" title="10 topics">Investing in Texas Oil</a> <a class="tag-link-13 utcw-tag utcw-tag-oil-and-gas-investing" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/oil-and-gas-investing/" style="font-size:14.615384615385px" title="17 topics">Oil and Gas Investing</a> <a class="tag-link-115 utcw-tag utcw-tag-oil-and-gas-technology" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/oil-and-gas-technology/" style="font-size:10px" title="8 topics">Oil and Gas Technology</a> <a class="tag-link-19 utcw-tag utcw-tag-oil-exploration" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/oil-exploration/" style="font-size:10px" title="8 topics">Oil Exploration</a> <a class="tag-link-17 utcw-tag utcw-tag-oil-production" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/oil-production/" style="font-size:18.205128205128px" title="24 topics">Oil Production</a> <a class="tag-link-32 utcw-tag utcw-tag-opec" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/opec/" style="font-size:15.641025641026px" title="19 topics">OPEC</a> <a class="tag-link-11 utcw-tag utcw-tag-permian-basin" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/permian-basin/" style="font-size:28.461538461538px" title="44 topics">Permian Basin</a> <a class="tag-link-57 utcw-tag utcw-tag-shale-oil" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/shale-oil/" style="font-size:10px" title="8 topics">Shale Oil</a> <a class="tag-link-15 utcw-tag utcw-tag-texas-oil-production" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/texas-oil-production/" style="font-size:19.74358974359px" title="27 topics">Texas Oil Production</a> <a class="tag-link-37 utcw-tag utcw-tag-u-s-oil-production" href="https://web.archive.org/web/20210919204639/https://www.arescotx.com/tag/u-s-oil-production/" style="font-size:11.538461538462px" title="11 topics">U.S. Oil Production</a></div><p class="titles">Archives</p> <label class="screen-reader-text" for="archives-dropdown-3">Archives</label> <select id="archives-dropdown-3" name="archive-dropdown"> <option value="">Select Month</option> <option value="https://www.arescotx.com/2021/08/"> August 2021 </option> <option value="https://www.arescotx.com/2021/07/"> July 2021 </option> <option value="https://www.arescotx.com/2021/05/"> May 2021 </option> <option value="https://www.arescotx.com/2021/04/"> April 2021 </option> <option 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