Quick answer: Newport Operating, LLC has 221 Texas/Oklahoma drilling permits in the last ten years, 9 of them in the last 12 complete months (+80.0% year over year). Its most-permitted county is Wichita (96.8% of permits) and leading target is Palo Duro Basin (86.9%).
The most recent permit month is the current, partial month, which the 12-month count does not include yet.
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 27 | 104 |
| 2018 | 60 | 105 |
| 2019 | 50 | 103 |
| 2020 | 27 | 106 |
| 2021 | 9 | 133 |
| 2022 | 12 | 106 |
| 2023 | 14 | 150 |
| 2024 | 7 | 132 |
| 2025 | 8 | 106 |
| 2026 | 4 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Palo Duro Basin | 159 | 86.9% |
| Barnett | 24 | 13.1% |
| Median permit → spud | 16 days |
| Median spud → first reported production | 49 days |
| Permits older than 12 months that were spudded | 65.4% |
| Spuds older than 12 months reporting production | 91.3% |
| Median lateral, last 24 months vs earlier | 106 ft vs 106 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 2026-09-29.
Newport Operating, LLC has 221 Texas/Oklahoma drilling permits in the last ten years, 9 of them in the last 12 complete months (+80.0% year over year). Its most-permitted county is Wichita (96.8% of permits) and leading target is Palo Duro Basin (86.9%).
Across its permits, the median time from permit to spud is 16 days and from spud to first reported production 49 days. 65.4% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 106 ft, versus 106 ft on earlier permits (0.0%).
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.