Quick answer: First Ascent Operating LLC has 5 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 Love (60% of permits) and leading target is South Oklahoma Folded Belt (100%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| Other years combined (4 years) | 5 | — |
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 |
|---|---|---|
| Love (OK) | 3 | 60% |
| All other counties | 2 | — |
| Formation / play | Permits | Share |
|---|---|---|
| South Oklahoma Folded Belt | 5 | 100% |
| Median permit → spud | 47 days |
| Median spud → first reported production | 258 days |
| Permits older than 12 months that were spudded | 100% |
| Spuds older than 12 months reporting production | 80% |
| Median lateral, last 24 months vs earlier | — ft vs 543 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.
First Ascent Operating LLC has 5 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 Love (60% of permits) and leading target is South Oklahoma Folded Belt (100%).
Across its permits, the median time from permit to spud is 47 days and from spud to first reported production 258 days. 100% 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.