Quick answer: Sem Operating Company LLC has 290 Texas/Oklahoma drilling permits in the last ten years, 23 of them in the last 12 complete months (+76.9% year over year). Its most-permitted county is Reagan (52.8% of permits) and leading target is Permian Basin (89.8%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 44 | 8,335 |
| 2018 | 57 | 9,198 |
| 2019 | 11 | 11,080 |
| 2020 | 22 | 9,082 |
| 2021 | 40 | 10,369 |
| 2022 | 31 | 8,704 |
| 2023 | 28 | 10,618 |
| 2024 | 17 | 11,898 |
| 2025 | 15 | 16,121 |
| 2026 | 18 | 8,463 |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 238 | 89.8% |
| Thirty-One Carbonate-Chert | 20 | 7.5% |
| Ozona Canyon | 7 | 2.6% |
| Median permit → spud | 28 days |
| Median spud → first reported production | 147 days |
| Permits older than 12 months that were spudded | 85.3% |
| Spuds older than 12 months reporting production | 91.8% |
| Median lateral, last 24 months vs earlier | 8,592 ft vs 9,066 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.
Sem Operating Company LLC has 290 Texas/Oklahoma drilling permits in the last ten years, 23 of them in the last 12 complete months (+76.9% year over year). Its most-permitted county is Reagan (52.8% of permits) and leading target is Permian Basin (89.8%).
Across its permits, the median time from permit to spud is 28 days and from spud to first reported production 147 days. 85.3% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 8,592 ft, versus 9,066 ft on earlier permits (-5.2%).
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.