Quick answer: Fossil Petroleum LLC has 16 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 Cass (18.8% of permits) and leading target is Permian Basin (54.5%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2018 | 3 | — |
| 2021 | 3 | — |
| 2022 | 3 | — |
| Other years combined (6 years) | 7 | — |
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 |
|---|---|---|
| Cass (TX) | 3 | 18.8% |
| Irion (TX) | 3 | 18.8% |
| Schleicher (TX) | 3 | 18.8% |
| Tom Green (TX) | 3 | 18.8% |
| All other counties | 4 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 6 | 54.5% |
| East Texas Basin | 3 | 27.3% |
| All other / unclassified | 2 | — |
| Median permit → spud | 46 days |
| Median spud → first reported production | 153 days |
| Permits older than 12 months that were spudded | 53.3% |
| Spuds older than 12 months reporting production | 62.5% |
| Median lateral, last 24 months vs earlier | — ft vs 254 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.
Fossil Petroleum LLC has 16 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 Cass (18.8% of permits) and leading target is Permian Basin (54.5%).
Across its permits, the median time from permit to spud is 46 days and from spud to first reported production 153 days. 53.3% 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.