Quick answer: Hexp Operating, LLC has 38 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (-100.0% year over year). Its most-permitted county is Crosby (89.5% of permits) and leading target is Permian Basin (94.7%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 10 | 870 |
| 2018 | 3 | — |
| 2019 | 4 | — |
| Other years combined (4 years) | 6 | — |
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 |
|---|---|---|
| Crosby (TX) | 34 | 89.5% |
| All other counties | 4 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 36 | 94.7% |
| All other / unclassified | 2 | — |
| Median permit → spud | 35 days |
| Median spud → first reported production | 17 days |
| Permits older than 12 months that were spudded | 92.1% |
| Spuds older than 12 months reporting production | 94.3% |
| Median lateral, last 24 months vs earlier | 129 ft vs 878 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.
Hexp Operating, LLC has 38 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (-100.0% year over year). Its most-permitted county is Crosby (89.5% of permits) and leading target is Permian Basin (94.7%).
Across its permits, the median time from permit to spud is 35 days and from spud to first reported production 17 days. 92.1% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 129 ft, versus 878 ft on earlier permits (-85.3%).
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.