Quick answer: R. Lacy Services, Ltd. has 81 Texas/Oklahoma drilling permits in the last ten years, 13 of them in the last 12 complete months (+30.0% year over year). Its most-permitted county is Panola (100% of permits) and leading target is East Texas Basin (58.3%).
The most recent permit month is the current, partial month, which the 12-month count does not include yet.
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2018 | 5 | 8,466 |
| 2019 | 7 | 10,840 |
| 2020 | 10 | 9,831 |
| 2021 | 11 | 9,935 |
| 2022 | 15 | 10,713 |
| 2024 | 3 | — |
| 2025 | 14 | 12,051 |
| 2026 | 9 | 13,309 |
| Other years combined (2 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 |
|---|---|---|
| Panola (TX) | 81 | 100% |
| Formation / play | Permits | Share |
|---|---|---|
| East Texas Basin | 42 | 58.3% |
| Travis Peak | 30 | 41.7% |
| Median permit → spud | 98 days |
| Median spud → first reported production | 250 days |
| Permits older than 12 months that were spudded | 88.2% |
| Spuds older than 12 months reporting production | 95.1% |
| Median lateral, last 24 months vs earlier | 11,675 ft vs 10,011 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.
R. Lacy Services, Ltd. has 81 Texas/Oklahoma drilling permits in the last ten years, 13 of them in the last 12 complete months (+30.0% year over year). Its most-permitted county is Panola (100% of permits) and leading target is East Texas Basin (58.3%).
Across its permits, the median time from permit to spud is 98 days and from spud to first reported production 250 days. 88.2% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 11,675 ft, versus 10,011 ft on earlier permits (+16.6%).
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.