Quick answer: Covenant Operating, LLC has 38 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 Wilbarger (23.7% of permits) and leading target is Palo Duro Basin (40%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 9 | 116 |
| 2018 | 7 | 121 |
| 2019 | 9 | 107 |
| 2021 | 5 | — |
| Other years combined (3 years) | 6 | — |
Years with fewer than three permits are combined with at least one other year, so no single year's count is published.
| County | Permits | Share |
|---|---|---|
| Wilbarger (TX) | 9 | 23.7% |
| Clay (TX) | 6 | 15.8% |
| King (TX) | 6 | 15.8% |
| Wichita (TX) | 6 | 15.8% |
| Knox (TX) | 4 | 10.5% |
| Dickens (TX) | 3 | 7.9% |
| All other counties | 4 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Palo Duro Basin | 14 | 40% |
| Permian Basin | 14 | 40% |
| Barnett | 6 | 17.1% |
| All other / unclassified | 1 | — |
| Median permit → spud | 15 days |
| Median spud → first reported production | 34 days |
| Permits older than 12 months that were spudded | 55.3% |
| Spuds older than 12 months reporting production | 71.4% |
| Median lateral, last 24 months vs earlier | — ft vs 116 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 2026-10-25.
Covenant Operating, LLC has 38 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 Wilbarger (23.7% of permits) and leading target is Palo Duro Basin (40%).
Across its permits, the median time from permit to spud is 15 days and from spud to first reported production 34 days. 55.3% 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.