Quick answer: Ranger 40 Petroleum, LLC has 14 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 Reeves (100% of permits) and leading target is Avalon-Bone Spring (63.6%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| Other years combined (2 years) | 13 | — |
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 |
|---|---|---|
| Reeves (TX) | 14 | 100% |
| Formation / play | Permits | Share |
|---|---|---|
| Avalon-Bone Spring | 7 | 63.6% |
| Permian Basin | 4 | 36.4% |
| Median permit → spud | 597 days |
| Median spud → first reported production | — days |
| Permits older than 12 months that were spudded | 28.6% |
| Spuds older than 12 months reporting production | 0% |
| Median lateral, last 24 months vs earlier | — ft vs 153 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.
Ranger 40 Petroleum, LLC has 14 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 Reeves (100% of permits) and leading target is Avalon-Bone Spring (63.6%).
Across its permits, the median time from permit to spud is 597 days and from spud to first reported production — days. 28.6% 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.