Quick answer: Modern Exploration, Inc. has 16 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 Gonzales (31.3% of permits) and leading target is Gulf Coast Basin (La - Tx) (75%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2021 | 5 | — |
| 2022 | 3 | — |
| 2024 | 3 | 10,442 |
| Other years combined (3 years) | 5 | — |
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 |
|---|---|---|
| Gonzales (TX) | 5 | 31.3% |
| Lavaca (TX) | 5 | 31.3% |
| Jim Wells (TX) | 3 | 18.8% |
| All other counties | 3 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Gulf Coast Basin (La - Tx) | 9 | 75% |
| Austin Chalk | 3 | 25% |
| Median permit → spud | 41 days |
| Median spud → first reported production | 57 days |
| Permits older than 12 months that were spudded | 56.3% |
| Spuds older than 12 months reporting production | 100% |
| Median lateral, last 24 months vs earlier | — ft vs 9,452 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.
Modern Exploration, Inc. has 16 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 Gonzales (31.3% of permits) and leading target is Gulf Coast Basin (La - Tx) (75%).
Across its permits, the median time from permit to spud is 41 days and from spud to first reported production 57 days. 56.3% 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.