Quick answer: Lario Oil & Gas Company has 66 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 Martin (69.7% of permits) and leading target is Permian Basin (97.8%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2019 | 18 | 9,966 |
| 2020 | 19 | 4,992 |
| 2021 | 8 | — |
| 2022 | 13 | 10,222 |
| Other years combined (2 years) | 8 | — |
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 | 45 | 97.8% |
| All other / unclassified | 1 | — |
| Median permit → spud | 226 days |
| Median spud → first reported production | 106 days |
| Permits older than 12 months that were spudded | 59.1% |
| Spuds older than 12 months reporting production | 25.6% |
| Median lateral, last 24 months vs earlier | — ft vs 10,174 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.
Lario Oil & Gas Company has 66 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 Martin (69.7% of permits) and leading target is Permian Basin (97.8%).
Across its permits, the median time from permit to spud is 226 days and from spud to first reported production 106 days. 59.1% 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.