Quick answer: Foundation Energy Management LLC has 72 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (0.0% year over year). Its most-permitted county is Hughes (43.1% of permits) and leading target is Woodford-Caney (38.2%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 15 | 7,236 |
| 2018 | 15 | 7,309 |
| 2019 | 9 | — |
| 2020 | 4 | 8,846 |
| 2022 | 15 | 6,045 |
| 2023 | 3 | — |
| 2024 | 5 | 1,188 |
| 2026 | 3 | 1,207 |
| Other years combined (2 years) | 3 | — |
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 |
|---|---|---|
| Hughes (OK) | 31 | 43.1% |
| Hardin (TX) | 15 | 20.8% |
| Coal (OK) | 9 | 12.5% |
| Newton (TX) | 6 | 8.3% |
| Texas (OK) | 5 | 6.9% |
| Howard (TX) | 3 | 4.2% |
| All other counties | 3 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Woodford-Caney | 26 | 38.2% |
| Gulf Coast Basin (La - Tx) | 20 | 29.4% |
| Chautauqua Platform | 9 | 13.2% |
| Anadarko Basin | 8 | 11.8% |
| Arkoma Basin | 5 | 7.4% |
| Median permit → spud | 8 days |
| Median spud → first reported production | 210 days |
| Permits older than 12 months that were spudded | 80.9% |
| Spuds older than 12 months reporting production | 80.7% |
| Median lateral, last 24 months vs earlier | 2,113 ft vs 6,924 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.
Foundation Energy Management LLC has 72 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (0.0% year over year). Its most-permitted county is Hughes (43.1% of permits) and leading target is Woodford-Caney (38.2%).
Across its permits, the median time from permit to spud is 8 days and from spud to first reported production 210 days. 80.9% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 2,113 ft, versus 6,924 ft on earlier permits (-69.5%).
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.