Quick answer: Quail Ridge Operating LLC has 24 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (-55.6% year over year). Its most-permitted county is Montague (62.5% of permits) and leading target is Fort Worth Syncline (95.7%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2023 | 6 | 8,932 |
| 2024 | 9 | 1,169 |
| 2025 | 4 | 6,151 |
| 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.
| Formation / play | Permits | Share |
|---|---|---|
| Fort Worth Syncline | 22 | 95.7% |
| All other / unclassified | 1 | — |
| Median permit → spud | 6 days |
| Median spud → first reported production | 167 days |
| Permits older than 12 months that were spudded | 100% |
| Spuds older than 12 months reporting production | 81% |
| Median lateral, last 24 months vs earlier | 9,730 ft vs 7,416 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.
Quail Ridge Operating LLC has 24 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (-55.6% year over year). Its most-permitted county is Montague (62.5% of permits) and leading target is Fort Worth Syncline (95.7%).
Across its permits, the median time from permit to spud is 6 days and from spud to first reported production 167 days. 100% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 9,730 ft, versus 7,416 ft on earlier permits (+31.2%).
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.