Quick answer: Highmark Energy Operating, LLC has 48 Texas/Oklahoma drilling permits in the last ten years, 1 of them in the last 12 complete months (-88.9% year over year). Its most-permitted county is Montgomery (20.8% of permits) and leading target is Permian Basin (40.4%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 15 | 1,620 |
| 2018 | 5 | 2,532 |
| 2019 | 3 | 2,206 |
| 2022 | 5 | — |
| 2024 | 5 | — |
| 2025 | 7 | 2,288 |
| Other years combined (3 years) | 4 | — |
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 |
|---|---|---|
| Montgomery (TX) | 10 | 20.8% |
| Terry (TX) | 8 | 16.7% |
| Reagan (TX) | 7 | 14.6% |
| Henderson (TX) | 5 | 10.4% |
| Andrews (TX) | 4 | 8.3% |
| Lipscomb (TX) | 3 | 6.3% |
| All other counties | 11 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 19 | 40.4% |
| Gulf Coast Basin (La - Tx) | 10 | 21.3% |
| Cleveland | 5 | 10.6% |
| Gilmer Lime | 4 | 8.5% |
| South Oklahoma Folded Belt | 4 | 8.5% |
| All other / unclassified | 5 | — |
| Median permit → spud | 42 days |
| Median spud → first reported production | 52 days |
| Permits older than 12 months that were spudded | 89.4% |
| Spuds older than 12 months reporting production | 78% |
| Median lateral, last 24 months vs earlier | 2,013 ft vs 1,919 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.
Highmark Energy Operating, LLC has 48 Texas/Oklahoma drilling permits in the last ten years, 1 of them in the last 12 complete months (-88.9% year over year). Its most-permitted county is Montgomery (20.8% of permits) and leading target is Permian Basin (40.4%).
Across its permits, the median time from permit to spud is 42 days and from spud to first reported production 52 days. 89.4% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 2,013 ft, versus 1,919 ft on earlier permits (+4.9%).
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.