Quick answer: Pitts Energy Co. has 42 Texas/Oklahoma drilling permits in the last ten years, 22 of them in the last 12 complete months (+214.3% year over year). Its most-permitted county is Ward (64.3% of permits) and leading target is Thirty-One Carbonate-Chert (75.6%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 4 | 1,984 |
| 2018 | 6 | — |
| 2025 | 10 | 146 |
| 2026 | 19 | 158 |
| Other years combined (2 years) | 3 | — |
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 |
|---|---|---|
| Ward (TX) | 27 | 64.3% |
| Gaines (TX) | 11 | 26.2% |
| Crane (TX) | 3 | 7.1% |
| All other counties | 1 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Thirty-One Carbonate-Chert | 31 | 75.6% |
| Permian Basin | 10 | 24.4% |
| Median permit → spud | — days |
| Median spud → first reported production | 49 days |
| Permits older than 12 months that were spudded | 75% |
| Spuds older than 12 months reporting production | 91.4% |
| Median lateral, last 24 months vs earlier | 146 ft vs 3,761 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.
Pitts Energy Co. has 42 Texas/Oklahoma drilling permits in the last ten years, 22 of them in the last 12 complete months (+214.3% year over year). Its most-permitted county is Ward (64.3% of permits) and leading target is Thirty-One Carbonate-Chert (75.6%).
Across its permits, the median time from permit to spud is — days and from spud to first reported production 49 days. 75% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 146 ft, versus 3,761 ft on earlier permits (-96.1%).
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.