Quick answer: Maximus Operating, Ltd. has 20 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (— year over year). Its most-permitted county is Smith (55% of permits) and leading target is Cotton Valley (44.4%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2019 | 7 | 1,205 |
| 2026 | 3 | — |
| Other years combined (7 years) | 10 | — |
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 |
|---|---|---|
| Cotton Valley | 8 | 44.4% |
| East Texas Basin | 8 | 44.4% |
| All other / unclassified | 2 | — |
| Median permit → spud | 43 days |
| Median spud → first reported production | 54 days |
| Permits older than 12 months that were spudded | 75% |
| Spuds older than 12 months reporting production | 53.8% |
| Median lateral, last 24 months vs earlier | — ft vs 675 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.
Maximus Operating, Ltd. has 20 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (— year over year). Its most-permitted county is Smith (55% of permits) and leading target is Cotton Valley (44.4%).
Across its permits, the median time from permit to spud is 43 days and from spud to first reported production 54 days. 75% 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.