Quick answer: Sage Natural Resources LLC has 115 Texas/Oklahoma drilling permits in the last ten years, 14 of them in the last 12 complete months (+55.6% year over year). Its most-permitted county is Wise (31.3% of permits) and leading target is Barnett (33%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2019 | 15 | 8,685 |
| 2020 | 7 | — |
| 2021 | 36 | 2,827 |
| 2022 | 23 | 3,501 |
| 2023 | 6 | 6,400 |
| 2025 | 9 | 12,143 |
| 2026 | 14 | 11,402 |
| 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 |
|---|---|---|
| Wise (TX) | 36 | 31.3% |
| Lee (TX) | 27 | 23.5% |
| Johnson (TX) | 24 | 20.9% |
| Tarrant (TX) | 24 | 20.9% |
| All other counties | 4 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Barnett | 30 | 33% |
| Gulf Coast Basin (La - Tx) | 29 | 31.9% |
| Strawn Basin | 19 | 20.9% |
| Fort Worth Syncline | 11 | 12.1% |
| All other / unclassified | 2 | — |
| Median permit → spud | 24 days |
| Median spud → first reported production | 66 days |
| Permits older than 12 months that were spudded | 16.8% |
| Spuds older than 12 months reporting production | 88.2% |
| Median lateral, last 24 months vs earlier | 12,068 ft vs 6,224 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.
Sage Natural Resources LLC has 115 Texas/Oklahoma drilling permits in the last ten years, 14 of them in the last 12 complete months (+55.6% year over year). Its most-permitted county is Wise (31.3% of permits) and leading target is Barnett (33%).
Across its permits, the median time from permit to spud is 24 days and from spud to first reported production 66 days. 16.8% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 12,068 ft, versus 6,224 ft on earlier permits (+93.9%).
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.