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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鈥檚 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="description" content="Booming energy production in the Permian Basin of Texas and New Mexico is driving one of the fastest growing regional economies in America. 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href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/wp-content/uploads/permian-basin-energy-production.jpg" rel="lightbox[gallery-0] lightbox-0"><img width="300" height="225" src="https://web.archive.org/web/20140325131115im_/http://www.arescotx.com/wp-content/uploads/permian-basin-energy-production-300x225.jpg" class="attachment-medium" alt="Permian Basin Energy Production"/></a></p> <p>Booming energy production in the Permian Basin of Texas and New Mexico is driving one of the fastest growing regional economies in America. Midland and Odessa Texas鈥攊n the heart of the Permian Basin鈥攁re the two of the nation鈥檚 fastest growing economies. Permian oil production is surging so resoundingly that it is not only surpassing the Eagle Ford Shale formation in South-Central, Texas; it is eclipsing production in North Dakota鈥檚 Bakken formation as well.</p> <p>For more see <a href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/permian-rising-booming-energy-production-driving-tx-nm-economies/">Permian Rising ~ Booming Energy Production Driving TX & NM Economies</a></p> <p><b></b></p> <p><b></b></p> </div> <div id="sidebar"> <p class="titles">Recent News</p> <ul> <li> <a href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/aresco-lp-announces-divestment-of-nine-east-texas-eagle-ford-shale-wells/">Aresco LP announces divestment of nine East Texas Eagle Ford Shale wells</a> </li> <li> <a href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/permian-rising-booming-energy-production-driving-tx-nm-economies/">Permian Rising ~ Booming Energy Production Driving TX & NM Economies</a> </li> <li> <a href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/eagle-ford-is-turning-texas-into-global-petroleum-powerhouse/">Eagle Ford is Turning Texas into Global Petroleum Powerhouse</a> </li> <li> <a href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/eagle-ford-shale-production-shattering-records-in-texas/">Eagle Ford Shale Production Shattering Records in Texas</a> </li> <li> <a href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/dallas-office-closed-monday-march-3rd/">Dallas office closed Monday, March 3rd</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-35" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/barnett-shale/" style="font-size:10px" title="1 topic">Barnett Shale</a> <a class="tag-link-20" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/brandon-laxton/" style="font-size:10px" title="1 topic">Brandon Laxton</a> <a class="tag-link-7" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/crude-oil-prices/" style="font-size:10px" title="1 topic">Crude Oil Prices</a> <a class="tag-link-5" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/drilling-technology/" style="font-size:24.5454545455px" title="9 topics">Drilling Technology</a> <a class="tag-link-10" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/eagle-ford-shale/" style="font-size:30px" title="12 topics">Eagle Ford Shale</a> <a class="tag-link-33" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/eagle-ford-shale-production/" style="font-size:11.8181818182px" title="2 topics">Eagle Ford Shale Production</a> 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href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/hydraulic-fracturing/" style="font-size:28.1818181818px" title="11 topics">Hydraulic Fracturing</a> <a class="tag-link-29" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/investing-in-texas-oil/" style="font-size:10px" title="1 topic">Investing in Texas Oil</a> <a class="tag-link-26" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/karnes-county-oil/" style="font-size:10px" title="1 topic">Karnes County Oil</a> <a class="tag-link-4" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/keystone-pipeline/" style="font-size:11.8181818182px" title="2 topics">Keystone Pipeline</a> <a class="tag-link-18" href="https://web.archive.org/web/20140325131115/http://www.arescotx.com/tag/natural-gas-production/" style="font-size:13.6363636364px" title="3 topics">Natural Gas Production</a> <a class="tag-link-13" 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