According to a December report in the Fiscal Times, oil production in Texas will surpass extraction of offshore oil reserves in the UAE and Kuwait in 2015. Although Texas has always been a good place to drill for black gold, scientists and engineers are setting their sights on West Texas, which has seen a quick boom in drilling permits from 2009 to 2012. While approximately 90 drilling permits were issued in 2009, more than 5,000 permits were approved in 2012.
Additionally, Oklahoma represents the 5th largest Oil Boom state currently and a primary target area for Texas Energy Mutual. With Oil reserves in Oklahoma being virtually beyond calculable due to early drilling without the available technological advances of today - the company anticipates tremendous success. Currently Texas Energy Mutual is embarking on a 5-well program in Creek and Okfuskee Counties, OK.