Quick answer: 1859 Operating LLC has 142 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (— year over year). Its most-permitted county is Medina (83.8% of permits) and leading target is Ouachita Folded Belt (96.9%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2022 | 94 | 127 |
| 2023 | 37 | 127 |
| 2024 | 6 | 500 |
| Other years combined (2 years) | 5 | — |
Years with fewer than three permits are combined with at least one other year, so no single year's count is published.
| Formation / play | Permits | Share |
|---|---|---|
| Ouachita Folded Belt | 126 | 96.9% |
| Austin Chalk | 4 | 3.1% |
| Median permit → spud | 18 days |
| Median spud → first reported production | 93 days |
| Permits older than 12 months that were spudded | 78.2% |
| Spuds older than 12 months reporting production | 100% |
| Median lateral, last 24 months vs earlier | — ft vs 127 ft |
Groups with fewer than three permits are folded into "all other". Computed by Valor from public oil and gas data; refreshed weekly. Data as of 2026-11-01.
1859 Operating LLC has 142 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (— year over year). Its most-permitted county is Medina (83.8% of permits) and leading target is Ouachita Folded Belt (96.9%).
Across its permits, the median time from permit to spud is 18 days and from spud to first reported production 93 days. 78.2% of its permits older than a year have been spudded.
There are not enough permits with a recorded lateral length to compute a trend.
No. Valor publishes permit activity as statistics — counts by year, county and formation groupings of three or more permits, lateral trends and cycle times — rather than individual permit records.
These statistics are computed by Valor from public oil and gas data. © Valor, all rights reserved.