Quick answer: Blackbeard Operating, LLC has 1,696 Texas/Oklahoma drilling permits in the last ten years, 118 of them in the last 12 complete months (-29.3% year over year). Its most-permitted county is Crane (75.9% of permits) and leading target is Permian Basin (52.5%).
The most recent permit month is the current, partial month, which the 12-month count does not include yet.
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 72 | 147 |
| 2018 | 68 | 670 |
| 2019 | 132 | 146 |
| 2020 | 122 | 146 |
| 2021 | 211 | 146 |
| 2022 | 345 | 1,702 |
| 2023 | 305 | 1,763 |
| 2024 | 194 | 7,598 |
| 2025 | 155 | 7,153 |
| 2026 | 89 | 6,889 |
| County | Permits | Share |
|---|---|---|
| Crane (TX) | 1,288 | 75.9% |
| Winkler (TX) | 384 | 22.6% |
| Ward (TX) | 11 | 0.6% |
| Atoka (OK) | 6 | 0.4% |
| Hemphill (TX) | 3 | 0.2% |
| Hughes (OK) | 3 | 0.2% |
| All other counties | 1 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 806 | 52.5% |
| Thirty-One Carbonate-Chert | 717 | 46.7% |
| Ouachita Folded Belt | 6 | 0.4% |
| Anadarko Basin | 4 | 0.3% |
| Chautauqua Platform | 3 | 0.2% |
| Median permit → spud | 42 days |
| Median spud → first reported production | 34 days |
| Permits older than 12 months that were spudded | 80.1% |
| Spuds older than 12 months reporting production | 90.1% |
| Median lateral, last 24 months vs earlier | 7,334 ft vs 603 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 2026-09-29.
Blackbeard Operating, LLC has 1,696 Texas/Oklahoma drilling permits in the last ten years, 118 of them in the last 12 complete months (-29.3% year over year). Its most-permitted county is Crane (75.9% of permits) and leading target is Permian Basin (52.5%).
Across its permits, the median time from permit to spud is 42 days and from spud to first reported production 34 days. 80.1% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 7,334 ft, versus 603 ft on earlier permits (+1116.3%).
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.