Quick answer: Texas Petroleum Investment Co. has 112 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (-100.0% year over year). Its most-permitted county is Guadalupe (50.9% of permits) and leading target is Austin Chalk (54.3%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2018 | 10 | 2,083 |
| 2019 | 18 | 2,114 |
| 2020 | 6 | 1,514 |
| 2021 | 9 | 2,136 |
| 2022 | 22 | 2,196 |
| 2023 | 18 | 2,176 |
| 2024 | 22 | 1,705 |
| Other years combined (2 years) | 7 | — |
Years with fewer than three permits are combined with at least one other year, so no single year's count is published.
| Formation / play | Permits | Share |
|---|---|---|
| Austin Chalk | 57 | 54.3% |
| Gulf Coast Basin (La - Tx) | 48 | 45.7% |
| Median permit → spud | 102 days |
| Median spud → first reported production | 15 days |
| Permits older than 12 months that were spudded | 74.1% |
| Spuds older than 12 months reporting production | 96.4% |
| Median lateral, last 24 months vs earlier | 2,014 ft vs 2,039 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 2026-11-01.
Texas Petroleum Investment Co. has 112 Texas/Oklahoma drilling permits in the last ten years, 0 of them in the last 12 complete months (-100.0% year over year). Its most-permitted county is Guadalupe (50.9% of permits) and leading target is Austin Chalk (54.3%).
Across its permits, the median time from permit to spud is 102 days and from spud to first reported production 15 days. 74.1% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 2,014 ft, versus 2,039 ft on earlier permits (-1.2%).
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.