Quick answer: Magnolia Oil & Gas Operating LLC has 740 Texas/Oklahoma drilling permits in the last ten years, 81 of them in the last 12 complete months (+6.6% year over year). Its most-permitted county is Karnes (35.7% of permits) and leading target is Gulf Coast Basin (La - Tx) (48.8%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 51 | 4,171 |
| 2018 | 116 | 4,501 |
| 2019 | 124 | 4,516 |
| 2020 | 45 | 5,981 |
| 2021 | 56 | 7,473 |
| 2022 | 63 | 7,582 |
| 2023 | 65 | 6,836 |
| 2024 | 65 | 8,055 |
| 2025 | 74 | 7,068 |
| 2026 | 70 | 7,740 |
| County | Permits | Share |
|---|---|---|
| Karnes (TX) | 264 | 35.7% |
| Washington (TX) | 188 | 25.4% |
| Fayette (TX) | 106 | 14.3% |
| Milam (TX) | 52 | 7% |
| Lee (TX) | 49 | 6.6% |
| Burleson (TX) | 27 | 3.6% |
| De Witt (TX) | 16 | 2.2% |
| Gonzales (TX) | 15 | 2% |
| Zavala (TX) | 9 | 1.2% |
| Robertson (TX) | 8 | 1.1% |
| All other counties | 6 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Gulf Coast Basin (La - Tx) | 328 | 48.8% |
| Austin Chalk | 285 | 42.4% |
| Gilmer Lime | 50 | 7.4% |
| East Texas Basin | 5 | 0.7% |
| Stuart City-Edwards | 4 | 0.6% |
| Median permit → spud | 32 days |
| Median spud → first reported production | 119 days |
| Permits older than 12 months that were spudded | 88.8% |
| Spuds older than 12 months reporting production | 96.8% |
| Median lateral, last 24 months vs earlier | 7,353 ft vs 5,335 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.
Magnolia Oil & Gas Operating LLC has 740 Texas/Oklahoma drilling permits in the last ten years, 81 of them in the last 12 complete months (+6.6% year over year). Its most-permitted county is Karnes (35.7% of permits) and leading target is Gulf Coast Basin (La - Tx) (48.8%).
Across its permits, the median time from permit to spud is 32 days and from spud to first reported production 119 days. 88.8% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 7,353 ft, versus 5,335 ft on earlier permits (+37.8%).
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.