Quick answer: Spring Operating Company has 33 Texas/Oklahoma drilling permits in the last ten years, 9 of them in the last 12 complete months (— year over year). Its most-permitted county is Carter (93.9% of permits) and leading target is South Oklahoma Folded Belt (48.5%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 4 | 1,757 |
| 2018 | 3 | — |
| 2019 | 4 | — |
| 2021 | 3 | 1,757 |
| 2022 | 5 | 639 |
| 2026 | 9 | 872 |
| 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.
| County | Permits | Share |
|---|---|---|
| Carter (OK) | 31 | 93.9% |
| All other counties | 2 | — |
| Formation / play | Permits | Share |
|---|---|---|
| South Oklahoma Folded Belt | 16 | 48.5% |
| Woodford | 16 | 48.5% |
| All other / unclassified | 1 | — |
| Median permit → spud | 57 days |
| Median spud → first reported production | 66 days |
| Permits older than 12 months that were spudded | 87.5% |
| Spuds older than 12 months reporting production | 43.3% |
| Median lateral, last 24 months vs earlier | 869 ft vs 1,674 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.
Spring Operating Company has 33 Texas/Oklahoma drilling permits in the last ten years, 9 of them in the last 12 complete months (— year over year). Its most-permitted county is Carter (93.9% of permits) and leading target is South Oklahoma Folded Belt (48.5%).
Across its permits, the median time from permit to spud is 57 days and from spud to first reported production 66 days. 87.5% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 869 ft, versus 1,674 ft on earlier permits (-48.1%).
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.