Quick answer: Deep Blue Operating I LLC has 100 Texas/Oklahoma drilling permits in the last ten years, 22 of them in the last 12 complete months (+340.0% year over year). Its most-permitted county is Martin (48% of permits) and leading target is Permian Basin (93%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 10 | 2,000 |
| 2018 | 12 | 1,173 |
| 2019 | 15 | 670 |
| 2020 | 5 | 898 |
| 2021 | 6 | 1,020 |
| 2022 | 10 | 1,354 |
| 2023 | 11 | 140 |
| 2024 | 3 | — |
| 2025 | 15 | 1,963 |
| 2026 | 11 | 1,388 |
| County | Permits | Share |
|---|---|---|
| Martin (TX) | 48 | 48% |
| Midland (TX) | 26 | 26% |
| Howard (TX) | 7 | 7% |
| Ector (TX) | 5 | 5% |
| Reagan (TX) | 5 | 5% |
| Upton (TX) | 5 | 5% |
| Glasscock (TX) | 3 | 3% |
| All other counties | 1 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 93 | 93% |
| Thirty-One Carbonate-Chert | 7 | 7% |
| Median permit → spud | 77 days |
| Median spud → first reported production | — days |
| Permits older than 12 months that were spudded | 98.8% |
| Spuds older than 12 months reporting production | 0% |
| Median lateral, last 24 months vs earlier | 1,963 ft vs 1,000 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.
Deep Blue Operating I LLC has 100 Texas/Oklahoma drilling permits in the last ten years, 22 of them in the last 12 complete months (+340.0% year over year). Its most-permitted county is Martin (48% of permits) and leading target is Permian Basin (93%).
Across its permits, the median time from permit to spud is 77 days and from spud to first reported production — days. 98.8% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 1,963 ft, versus 1,000 ft on earlier permits (+96.3%).
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.