Quick answer: Conocophillips Company has 275 Texas/Oklahoma drilling permits in the last ten years, 27 of them in the last 12 complete months (-40.0% year over year). Its most-permitted county is Reeves (53.1% of permits) and leading target is Permian Basin (55.7%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 17 | 11,068 |
| 2018 | 32 | 10,352 |
| 2019 | 20 | 10,063 |
| 2020 | 42 | 10,321 |
| 2021 | 11 | 10,035 |
| 2022 | 24 | 10,322 |
| 2023 | 24 | 10,131 |
| 2024 | 40 | 10,201 |
| 2025 | 45 | 10,381 |
| 2026 | 13 | 9,538 |
| County | Permits | Share |
|---|---|---|
| Reeves (TX) | 146 | 53.1% |
| Culberson (TX) | 90 | 32.7% |
| Reagan (TX) | 24 | 8.7% |
| Ector (TX) | 8 | 2.9% |
| All other counties | 7 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 142 | 55.7% |
| Avalon-Bone Spring | 104 | 40.8% |
| Thirty-One Carbonate-Chert | 6 | 2.4% |
| All other / unclassified | 3 | — |
| Median permit → spud | 105 days |
| Median spud → first reported production | 358 days |
| Permits older than 12 months that were spudded | 84.4% |
| Spuds older than 12 months reporting production | 89.3% |
| Median lateral, last 24 months vs earlier | 10,177 ft vs 10,258 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.
Conocophillips Company has 275 Texas/Oklahoma drilling permits in the last ten years, 27 of them in the last 12 complete months (-40.0% year over year). Its most-permitted county is Reeves (53.1% of permits) and leading target is Permian Basin (55.7%).
Across its permits, the median time from permit to spud is 105 days and from spud to first reported production 358 days. 84.4% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 10,177 ft, versus 10,258 ft on earlier permits (-0.8%).
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.