Quick answer: Stephens & Johnson Operating Co. has 91 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (-50.0% year over year). Its most-permitted county is Stephens (39.6% of permits) and leading target is Woodford (37.4%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 7 | 218 |
| 2018 | 5 | 108 |
| 2019 | 16 | 148 |
| 2020 | 19 | 242 |
| 2021 | 10 | 234 |
| 2022 | 10 | 160 |
| 2023 | 6 | 265 |
| 2024 | 8 | 119 |
| 2025 | 5 | — |
| 2026 | 4 | — |
| County | Permits | Share |
|---|---|---|
| Stephens (OK) | 36 | 39.6% |
| Oklahoma (OK) | 25 | 27.5% |
| Seminole (OK) | 6 | 6.6% |
| Andrews (TX) | 4 | 4.4% |
| Garvin (OK) | 4 | 4.4% |
| Palo Pinto (TX) | 4 | 4.4% |
| Carter (OK) | 3 | 3.3% |
| Taylor (TX) | 3 | 3.3% |
| All other counties | 6 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Woodford | 34 | 37.4% |
| Chautauqua Platform | 31 | 34.1% |
| South Oklahoma Folded Belt | 9 | 9.9% |
| Permian Basin | 8 | 8.8% |
| Barnett | 6 | 6.6% |
| All other / unclassified | 3 | — |
| Median permit → spud | 54 days |
| Median spud → first reported production | 33 days |
| Permits older than 12 months that were spudded | 80.5% |
| Spuds older than 12 months reporting production | 59.2% |
| Median lateral, last 24 months vs earlier | 250 ft vs 202 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.
Stephens & Johnson Operating Co. has 91 Texas/Oklahoma drilling permits in the last ten years, 4 of them in the last 12 complete months (-50.0% year over year). Its most-permitted county is Stephens (39.6% of permits) and leading target is Woodford (37.4%).
Across its permits, the median time from permit to spud is 54 days and from spud to first reported production 33 days. 80.5% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 250 ft, versus 202 ft on earlier permits (+23.8%).
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.