CINXE.COM
Oil and Gas Industry Latest News | Aresco LP - Part 2
<!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/latest-news/page/2/","20150404233812","https://web.archive.org/","web","/_static/", "1428190692"); </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>Oil and Gas Industry Latest News | Aresco LP - Part 2</title> <link href="https://web.archive.org/web/20150404233812cs_/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/20150404233812cs_/http://www.arescotx.com/wp-content/themes/arescoA3K/style.css ); </style> <link rel="stylesheet" type"text css" href="/web/20150404233812cs_/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/20150404233812/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[240,273] --> <meta name="description" itemprop="description" content="At Aresco's new oil and gas industry blog, we post information from a wide variety of sources to bring you the latest news of the industry."/> <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,aresco lp,permian basin oil well photos,oil wells,photos,images,photo gallery,mud pit,oil exploration,bridgetex pipeline,bridgetex,texas,new mexico,colorado city,houston,gulf coast,energy information administration (eia),sweet crude oil,permian basin news,permian basin oil news,anadarko basin,canyon sandstone,oil drilling,brandon laxton,investing in texas oil,noodle canyon,oil and gas investing,oil,news,fracking boom,sasol,gas to liquids,energy production,fischer-tropsch,gas prices,natural gas production,invest in texas oil,invest in oil wells in texas,eagle ford,tax advantages"/> <link rel="prev" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/latest-news/"/> <link rel="next" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/latest-news/page/3/"/> <link rel="canonical" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/latest-news/page/2/"/> <!-- /all in one seo pack --> <link rel="stylesheet" id="fancybox-css-css" href="https://web.archive.org/web/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812cs_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812cs_/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/20150404233812/https://platform.twitter.com/widgets.js","https://web.archive.org/web/20150404233812/https://connect.facebook.net/en_US/all.js#xfbml=1","https://web.archive.org/web/20150404233812/https://apis.google.com/js/plusone.js","https://web.archive.org/web/20150404233812/https://platform.linkedin.com/in.js","https://web.archive.org/web/20150404233812/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/20150404233812cs_/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/20150404233812/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/20150404233812/http://www.arescotx.com/"><img src="https://web.archive.org/web/20150404233812im_/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/20150404233812/http://www.arescotx.com/"><img src="https://web.archive.org/web/20150404233812im_/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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-menu-item page_item page-item-1556 current_page_item 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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812im_/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/20150404233812/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/20150404233812/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/20150404233812/http://www.arescotx.com/we-have-moved/">We have moved!</a></h1> <p style="font-size:11px;margin-top:-20px;">Monday, November 24th, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <p>We recently relocated our corporate headquarters to Prosper, Texas. This move marks a significant milestone for Aresco as we begin construction on our new building in the Prosper Energy Center as early as January 2015. During construction, which is anticipated to last 9-12 months, we will office in the same business center where our commercial developer is located, which is a half mile away from the new office site. This way, we can stay focused on Aresco activities while staying close to the construction project. Our phone numbers and email addresses will remain the same, you’ll only need to update our address in your records. In the event you have recently mailed something to us, forwarding service is already in place so we should receive it soon.</p> <p>Until our new building is complete, our interim address is:</p> <p>861 N Coleman Rd. Ste 105 Prosper Texas 75078</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/20150404233812/http://www.arescotx.com/permian-basin-oil-well-photos/">Permian Basin Oil Well Photos</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, November 12th, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/category/texas-oil-and-gas-investing/" rel="category tag">Texas Oil and Gas Investing</a></p> <p>Just in case you don’t know a lot about the oil rig setup and drilling process, it is quite an operation. It can take anywhere from fifteen to twenty semi-truck loads just to deliver all rig components to the location. Here are a few photos to give you an up-close look at our Permian Basin oil project at Noodle Canyon. This oil well is in Jones County which is on the eastern edge of the Permian Basin shale area. <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-oil-well-photos/#more-4964" 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/20150404233812/http://www.arescotx.com/bridgetex-relieving-the-permian-basin-squeeze/">BridgeTex: Relieving the Permian Basin Squeeze</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, October 21st, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/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/20150404233812/http://www.arescotx.com/bridgetex-relieving-the-permian-basin-squeeze/bridgetex-pipeline/" target="_blank" rel="attachment wp-att-4845"><img class="alignleft wp-image-4845 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150404233812im_/http://www.arescotx.com/wp-content/uploads/bridgetex-pipeline-300x229.png" alt="BridgeTex Pipeline" width="300" height="229"/></a>Is the Permian Basin a victim of its own stunning success? Oil production in the Permian, that petroleum rich landmass straddling Texas and New Mexico, has been wrestling with takeaway capacity over the last 18 months. Production consistently outpaces the ability of Permian producers to deliver the commodity to shippers and refineries. That, coupled with <a title="Refinery shutdowns" href="https://web.archive.org/web/20150404233812/http://www.bloomberg.com/news/2014-09-25/refinery-shutdowns-threaten-to-raise-u-s-pump-prices.html" target="_blank">recent refinery outages</a>, has forced West Texas producers to swallow deep discounts whenever current pipeline capacity is squeezed.</p> <p>But that bottleneck conundrum may soon be lifting. <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/bridgetex-relieving-the-permian-basin-squeeze/#more-4806" 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/20150404233812/http://www.arescotx.com/permian-basin-news/">Permian Basin News</a></h1> <p style="font-size:11px;margin-top:-20px;">Friday, October 17th, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/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/20150404233812/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/permian-basin-canyon-sandstone/" target="_blank" rel="attachment wp-att-4699"><img class="alignleft wp-image-4699 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150404233812im_/http://www.arescotx.com/wp-content/uploads/permian-basin-canyon-sandstone-225x300.jpg" alt="Permian Basin Canyon Sandstone Project" width="225" height="300"/></a>The Permian Basin, one of the most productive oil producing areas in the world, is buzzing with activity. Here is the latest in Permian Basin news.</p> <p><strong><a title="Permian Basin Canyon Sandstone Project Begins" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/">Permian Basin Canyon Sandstone Project Begins</a></strong></p> <p>(Dallas, Texas) –– Aresco LP, a privately held exploration and production company, today announced drilling has begun on the Noodle Canyon #1-H in Jones County, Texas. The 4,500’ vertical development project targets the Canyon Sandstone, a conventional stacked play featuring five intervals along with three other potential pay zones. <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-news/#more-4786" 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/20150404233812/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/">Permian Basin Canyon Sandstone Project Begins</a></h1> <p style="font-size:11px;margin-top:-20px;">Tuesday, October 7th, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150404233812/http://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/20150404233812/http://www.arescotx.com/category/uncategorized/" rel="category tag">Uncategorized</a></p> <h3>Aresco LP begins Permian Basin field-extension project targeting the Canyon Sandstone</h3> <p><a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/permian-basin-canyon-sandstone/" target="_blank" rel="attachment wp-att-4699"><img class="alignleft wp-image-4699 size-medium" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150404233812im_/http://www.arescotx.com/wp-content/uploads/permian-basin-canyon-sandstone-225x300.jpg" alt="Permian Basin Canyon Sandstone Project" width="225" height="300"/></a>(Dallas, Texas) –– Aresco LP, a privately held exploration and production company, today announced drilling has begun on the Noodle Canyon #1-H in Jones County, Texas. The 4,500’ vertical development project targets the <a title="Canyon Sandstone" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/tag/canyon-sandstone/">Canyon Sandstone</a>, a conventional stacked play featuring five intervals along with three other potential pay zones.</p> <p>“The <a title="Noodle Canyon" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/tag/noodle-canyon/">Noodle Canyon</a> #1 is just one of several conventional projects underway for us in Texas,” said <a title="Brandon Laxton" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/tag/brandon-laxton/">Brandon Laxton</a>, President and CEO of Aresco LP. “While unconventional exploration may get all the headlines, we are finding success exploiting conventional fields with years of proven production, which helps manage the exploration risk for our operating and capital partners. We benefit from the decades of production and decline curve data available in the area and increase our overall potential with the addition of modern efficiencies in drilling and completion.” <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/#more-4696" 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/20150404233812/http://www.arescotx.com/permian-basin-oil-news-3/">Permian Basin Oil News</a></h1> <p style="font-size:11px;margin-top:-20px;">Saturday, September 27th, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <h3>Latest Permian Basin Oil News</h3> <ul> <li><a title="Permian Basin Canyon Sandstone Project Begins" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-canyon-sandstone-project-begins/">Aresco LP begins Permian Basin field-extension project targeting the Canyon Sandstone</a> – <strong>Aresco EXCLUSIVE</strong></li> <li><a title="Energy Activity in Permian Basin grows Midland" href="https://web.archive.org/web/20150404233812/http://www.rigzone.com/news/oil_gas/a/135314/Booming_Energy_Activity_in_Permian_Basin_Grows_Midland_Jobs_Economy" target="_blank">Booming Energy Activity in Permian Basin Grows Midland Jobs, Economy</a> – RigZone.com</li> <li><a title="Permian Basin oil boom has sizable economic impact on Lubbock" href="https://web.archive.org/web/20150404233812/http://lubbockonline.com/education/2014-09-04/study-permian-basin-oil-boom-has-sizable-economic-impact-lubbock#.VBbtMxZuX2J" target="_blank">Study: Permian Basin oil boom has sizable economic impact on Lubbock</a> – LubbockOnline.com</li> <li><a title="Fracking Boom Driving Massive Industrialization in Louisiana" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/" target="_blank">Fracking Boom Driving Massive Industrialization in Louisiana</a> – <strong>Aresco EXCLUSIVE</strong></li> <li><a title="7 Reasons to Invest in Texas Permian Basin Oil" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/" target="_blank">7 Reasons to Invest in Permian Basin Oil</a> – <strong>Aresco EXCLUSIVE</strong></li> <li><a title="Professor releases Permian Basin Report" href="https://web.archive.org/web/20150404233812/http://www.dailytoreador.com/news/professor-releases-permian-basin-report/article_3bd5fe08-37ca-11e4-af1d-001a4bcf6878.html" target="_blank">Professor releases Permian Basin report</a> – DailyToReader.com</li> </ul> <p> <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-oil-news-3/#more-4555" 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/20150404233812/http://www.arescotx.com/permian-basin-oil-news-2/">Permian Basin Oil News</a></h1> <p style="font-size:11px;margin-top:-20px;">Saturday, September 13th, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a></p> <h3>Latest Permian Basin Oil News</h3> <ul> <li><a title="Fracking Boom Driving Massive Industrialization in Louisiana" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/" target="_blank">Fracking Boom Driving Massive Industrialization in Louisiana</a> – <strong>Aresco EXCLUSIVE</strong></li> <li><a title="Permian Basin in Texas to Drive Down Oil Prices" href="https://web.archive.org/web/20150404233812/http://online.wsj.com/articles/permian-basin-in-texas-to-drive-down-oil-prices-1409613682" target="_blank">Permian Basin in Texas to Drive Down Oil Prices</a> – Wall Street Journal</li> <li><a title="What's fueling crude oil production growth for EOG" href="https://web.archive.org/web/20150404233812/http://www.forbes.com/sites/greatspeculations/2014/09/02/whats-fueling-crude-oil-production-growth-for-eog-resources/" target="_blank">What’s Fueling Crude Oil Production Growth For EOG Resources?</a> – Forbes.com</li> </ul> <p> <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/permian-basin-oil-news-2/#more-4530" 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/20150404233812/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/">Fracking Boom Driving Massive Industrialization in Louisiana</a></h1> <p style="font-size:11px;margin-top:-20px;">Wednesday, September 3rd, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/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/20150404233812/http://www.arescotx.com/category/permian-basin-oil-news/" rel="category tag">Permian Basin Oil News</a>, <a href="https://web.archive.org/web/20150404233812/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/20150404233812/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/sasol-gas-to-liquids-plant-lake-charles/" rel="attachment wp-att-4535"><img class="alignleft size-medium wp-image-4535" style="border: 0px none; margin: 5px 10px;" src="https://web.archive.org/web/20150404233812im_/http://www.arescotx.com/wp-content/uploads/sasol-gas-to-liquids-plant-lake-charles-300x181.jpg" alt="Sasol Gas to Liquids Plant Lake Charles" width="300" height="181"/></a>Resource riches from Texas’ shale boom are <a title="Are we underestimating America's fracking boom?" href="https://web.archive.org/web/20150404233812/http://online.wsj.com/articles/are-we-underestimating-americas-fracking-boom-1401234486" target="_blank">reverberating in massive, game-changing ways</a>. Here’s one: South African energy giant Sasol’s vast gas-to-liquids plant in Lake Charles, Louisiana. Enticed by the prospect of cheap, abundant natural gas, <a title="Sasol" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/tag/sasol/" target="_blank">Sasol</a> is sinking $21 billion into the largest manufacturing project in Louisiana history. Sasol’s venture may also end up as the largest single foreign investment project in U.S. history.</p> <p>Fed by gas harvested from the shale fields of Texas, the 3,034-acre energy complex—now breaking ground—will feature a $7 billion ethane cracker and a $14 billion <em><strong>gas to liquids plant</strong></em>. Operations are slated to begin in 2017 and once completed, the complex will produce 96,000 barrels of clean liquid fuels—primarily diesel—per day, and 1.5 million tons of ethylene annually. <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/fracking-boom-driving-massive-industrialization-in-louisiana/#more-4534" 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/20150404233812/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/">7 Reasons to Invest in Texas Oil</a></h1> <p style="font-size:11px;margin-top:-20px;">Thursday, August 21st, 2014 and is filed under <a href="https://web.archive.org/web/20150404233812/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/20150404233812/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/reasons-to-invest-in-texas-oil-1/" target="_blank" rel="attachment wp-att-4429"><img class="alignleft wp-image-4429 size-medium" style="border: 0px none; margin: 5px 10px;" title="#1 Reason to Invest in Texas Oil" src="https://web.archive.org/web/20150404233812im_/http://www.arescotx.com/wp-content/uploads/reasons-to-invest-in-texas-oil-1-300x300.gif" alt="reasons-to-invest-in-texas-oil-1" width="300" height="300"/></a>As investors grow restless in today’s economic turmoil and volatile stock market, many are more willing than ever to abandon the traditional investment mainstream in search of potential high return investment opportunities with ongoing return on investment.</p> <p><a title="Horizontal Drilling" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/tag/horizontal-drilling/" target="_blank">Horizontal drilling</a> and <a title="Hydraulic Fracturing" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/tag/hydraulic-fracturing/" target="_blank">hydraulic fracturing</a> (<a title="Fracking" href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/tag/fracking/" target="_blank">fracking</a>) have been widely credited as the primary vehicle responsible for keeping the U.S. economy afloat during what has been dubbed “the great recession.” These technological advances have opened up shale plays in Texas that were previously considered unrecoverable because of economic considerations. Now, Texas is leading the way and is the number one oil producing state in the U.S.</p> <p>So, what does that mean for investors? To answer that, we’ve put together a list of 7 reasons to invest in Texas oil. <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/7-reasons-to-invest-in-texas-oil/#more-4427" class="more-link">Read More</a></p> </div><!-- end entry --> <!-- Stop The Loop (but note the "else:" - see next line). --> <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/latest-news/">« Previous Page</a> — <a href="https://web.archive.org/web/20150404233812/http://www.arescotx.com/latest-news/page/3/">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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/http://www.arescotx.com/permian-basin-drilling/">Permian Basin Drilling</a> </li> <li> <a href="https://web.archive.org/web/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812/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/20150404233812im_/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/20150404233812/https://www.facebook.com/pages/Aresco/510139499068554" target="_blank"><img src="https://web.archive.org/web/20150404233812im_/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/20150404233812/https://twitter.com/ArescoLP" target="_blank"><img src="https://web.archive.org/web/20150404233812im_/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/20150404233812/http://www.linkedin.com/company/aresco-lp" target="_blank"><img src="https://web.archive.org/web/20150404233812im_/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/20150404233812/http://www.arescotx.com/feed/"><img src="https://web.archive.org/web/20150404233812im_/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/20150404233812/http://www.a3kdesign.com/" target="_blank" rel="nofollow">A3K Advertising, Inc.</a><br>Admin <a href="https://web.archive.org/web/20150404233812/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/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/20150404233812js_/http://www.arescotx.com/wp-content/plugins/MapifyPro/assets/js/map-instance.js"></script><script type="text/javascript" src="https://web.archive.org/web/20150404233812js_/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/20150404233812cs_/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/20150404233812js_/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 23:38:12 Apr 04, 2015 AND RETRIEVED FROM THE INTERNET ARCHIVE ON 09:51:48 Nov 24, 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: 0.697 exclusion.robots: 0.033 exclusion.robots.policy: 0.02 esindex: 0.012 cdx.remote: 5.961 LoadShardBlock: 163.622 (3) PetaboxLoader3.datanode: 95.14 (4) PetaboxLoader3.resolve: 135.298 (2) load_resource: 128.186 -->