Quick answer: Summit Petroleum LLC has 335 Texas/Oklahoma drilling permits in the last ten years, 46 of them in the last 12 complete months (-2.1% year over year). Its most-permitted county is Upton (80.9% of permits) and leading target is Permian Basin (64.1%).
The most recent permit month is the current, partial month, which the 12-month count does not include yet.
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 27 | 10,382 |
| 2018 | 15 | 10,386 |
| 2019 | 43 | 10,126 |
| 2020 | 33 | 10,248 |
| 2021 | 37 | 13,044 |
| 2022 | 20 | 10,273 |
| 2023 | 30 | 10,168 |
| 2024 | 39 | 10,072 |
| 2025 | 55 | 10,136 |
| 2026 | 34 | 8,761 |
| County | Permits | Share |
|---|---|---|
| Upton (TX) | 271 | 80.9% |
| Midland (TX) | 56 | 16.7% |
| Roberts (TX) | 5 | 1.5% |
| Andrews (TX) | 3 | 0.9% |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 184 | 64.1% |
| Thirty-One Carbonate-Chert | 98 | 34.1% |
| Anadarko Basin | 5 | 1.7% |
| Median permit → spud | 51 days |
| Median spud → first reported production | 379 days |
| Permits older than 12 months that were spudded | 77.1% |
| Spuds older than 12 months reporting production | 89.4% |
| Median lateral, last 24 months vs earlier | 9,965 ft vs 10,276 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.
Summit Petroleum LLC has 335 Texas/Oklahoma drilling permits in the last ten years, 46 of them in the last 12 complete months (-2.1% year over year). Its most-permitted county is Upton (80.9% of permits) and leading target is Permian Basin (64.1%).
Across its permits, the median time from permit to spud is 51 days and from spud to first reported production 379 days. 77.1% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 9,965 ft, versus 10,276 ft on earlier permits (-3.0%).
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.