Quick answer: Texas Operating Co has 28 Texas/Oklahoma drilling permits in the last ten years, 1 of them in the last 12 complete months (-75.0% year over year). Its most-permitted county is Concho (32.1% of permits) and leading target is Gulf Coast Basin (La - Tx) (59.3%).
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 | 4 | 124 |
| 2018 | 5 | 2,915 |
| 2022 | 5 | 1,463 |
| 2023 | 3 | 118 |
| 2025 | 5 | 149 |
| Other years combined (4 years) | 6 | — |
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 |
|---|---|---|
| Concho (TX) | 9 | 32.1% |
| Victoria (TX) | 7 | 25% |
| Lavaca (TX) | 3 | 10.7% |
| Wharton (TX) | 3 | 10.7% |
| All other counties | 6 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Gulf Coast Basin (La - Tx) | 16 | 59.3% |
| Permian Basin | 8 | 29.6% |
| All other / unclassified | 3 | — |
| Median permit → spud | 28 days |
| Median spud → first reported production | 43 days |
| Permits older than 12 months that were spudded | 96.3% |
| Spuds older than 12 months reporting production | 88% |
| Median lateral, last 24 months vs earlier | 149 ft vs 150 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.
Texas Operating Co has 28 Texas/Oklahoma drilling permits in the last ten years, 1 of them in the last 12 complete months (-75.0% year over year). Its most-permitted county is Concho (32.1% of permits) and leading target is Gulf Coast Basin (La - Tx) (59.3%).
Across its permits, the median time from permit to spud is 28 days and from spud to first reported production 43 days. 96.3% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 149 ft, versus 150 ft on earlier permits (-0.7%).
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.