Quick answer: Rheaco Oil Company, Ltd. has 33 Texas/Oklahoma drilling permits in the last ten years, 2 of them in the last 12 complete months (-33.3% year over year). Its most-permitted county is Jefferson (78.8% of permits) and leading target is Gulf Coast Basin (La - Tx) (100%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2018 | 7 | — |
| 2019 | 6 | — |
| 2020 | 4 | — |
| 2022 | 6 | — |
| 2025 | 3 | — |
| Other years combined (4 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 |
|---|---|---|
| Gulf Coast Basin (La - Tx) | 27 | 100% |
| Median permit → spud | 119 days |
| Median spud → first reported production | 66 days |
| Permits older than 12 months that were spudded | 51.6% |
| Spuds older than 12 months reporting production | 75% |
| Median lateral, last 24 months vs earlier | — ft vs 454 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.
Rheaco Oil Company, Ltd. has 33 Texas/Oklahoma drilling permits in the last ten years, 2 of them in the last 12 complete months (-33.3% year over year). Its most-permitted county is Jefferson (78.8% of permits) and leading target is Gulf Coast Basin (La - Tx) (100%).
Across its permits, the median time from permit to spud is 119 days and from spud to first reported production 66 days. 51.6% 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.