Quick answer: Joint Resources Company has 21 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (— year over year). Its most-permitted county is Gaines (76.2% of permits) and leading target is Permian Basin (95%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 3 | — |
| 2018 | 6 | 5,599 |
| 2019 | 5 | 7,720 |
| 2023 | 3 | 6,508 |
| 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.
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 19 | 95% |
| All other / unclassified | 1 | — |
| Median permit → spud | 18 days |
| Median spud → first reported production | 120 days |
| Permits older than 12 months that were spudded | 95.2% |
| Spuds older than 12 months reporting production | 75% |
| Median lateral, last 24 months vs earlier | — ft vs 5,875 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.
Joint Resources Company has 21 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (— year over year). Its most-permitted county is Gaines (76.2% of permits) and leading target is Permian Basin (95%).
Across its permits, the median time from permit to spud is 18 days and from spud to first reported production 120 days. 95.2% 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.