Quick answer: Admiral Permian Operating LLC has 147 Texas/Oklahoma drilling permits in the last ten years, 67 of them in the last 12 complete months (+103.0% year over year). Its most-permitted county is Loving (76.9% of permits) and leading target is Permian Basin (100%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2022 | 11 | 10,596 |
| 2023 | 10 | 4,648 |
| 2024 | 28 | 10,554 |
| 2025 | 34 | 7,965 |
| 2026 | 64 | 4,344 |
| County | Permits | Share |
|---|---|---|
| Loving (TX) | 113 | 76.9% |
| Reeves (TX) | 10 | 6.8% |
| Andrews (TX) | 6 | 4.1% |
| Midland (TX) | 5 | 3.4% |
| Ward (TX) | 5 | 3.4% |
| Ector (TX) | 4 | 2.7% |
| Upton (TX) | 4 | 2.7% |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 140 | 100% |
| Median permit → spud | 40 days |
| Median spud → first reported production | 196 days |
| Permits older than 12 months that were spudded | 87.5% |
| Spuds older than 12 months reporting production | 90.2% |
| Median lateral, last 24 months vs earlier | 5,769 ft vs 10,003 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.
Admiral Permian Operating LLC has 147 Texas/Oklahoma drilling permits in the last ten years, 67 of them in the last 12 complete months (+103.0% year over year). Its most-permitted county is Loving (76.9% of permits) and leading target is Permian Basin (100%).
Across its permits, the median time from permit to spud is 40 days and from spud to first reported production 196 days. 87.5% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 5,769 ft, versus 10,003 ft on earlier permits (-42.3%).
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.