Quick answer: Fortay, Inc. has 14 Texas/Oklahoma drilling permits in the last ten years, 1 of them in the last 12 complete months (— year over year). Its most-permitted county is Hartley (78.6% of permits) and leading target is Palo Duro Basin (83.3%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2018 | 3 | 140 |
| 2019 | 3 | — |
| 2021 | 3 | — |
| 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 |
|---|---|---|
| Hartley (TX) | 11 | 78.6% |
| All other counties | 3 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Palo Duro Basin | 10 | 83.3% |
| All other / unclassified | 2 | — |
| Median permit → spud | 28 days |
| Median spud → first reported production | 58 days |
| Permits older than 12 months that were spudded | 61.5% |
| Spuds older than 12 months reporting production | 77.8% |
| Median lateral, last 24 months vs earlier | — ft vs 137 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 2026-10-18.
Fortay, Inc. has 14 Texas/Oklahoma drilling permits in the last ten years, 1 of them in the last 12 complete months (— year over year). Its most-permitted county is Hartley (78.6% of permits) and leading target is Palo Duro Basin (83.3%).
Across its permits, the median time from permit to spud is 28 days and from spud to first reported production 58 days. 61.5% 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.