Quick answer: Trp Operating LLC has 221 Texas/Oklahoma drilling permits in the last ten years, 44 of them in the last 12 complete months (+51.7% year over year). Its most-permitted county is Reeves (67% of permits) and leading target is Permian Basin (49%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 29 | 7,476 |
| 2018 | 33 | 7,227 |
| 2019 | 40 | 10,100 |
| 2020 | 12 | 9,765 |
| 2021 | 12 | 6,762 |
| 2023 | 15 | 9,979 |
| 2025 | 33 | 10,583 |
| 2026 | 34 | 10,938 |
| 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.
| County | Permits | Share |
|---|---|---|
| Reeves (TX) | 148 | 67% |
| Loving (TX) | 40 | 18.1% |
| Upton (TX) | 27 | 12.2% |
| All other counties | 6 | — |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 103 | 49% |
| Avalon-Bone Spring | 102 | 48.6% |
| Thirty-One Carbonate-Chert | 3 | 1.4% |
| All other / unclassified | 2 | — |
| Median permit → spud | 46 days |
| Median spud → first reported production | 196 days |
| Permits older than 12 months that were spudded | 85.3% |
| Spuds older than 12 months reporting production | 87.5% |
| Median lateral, last 24 months vs earlier | 10,583 ft vs 9,162 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.
Trp Operating LLC has 221 Texas/Oklahoma drilling permits in the last ten years, 44 of them in the last 12 complete months (+51.7% year over year). Its most-permitted county is Reeves (67% of permits) and leading target is Permian Basin (49%).
Across its permits, the median time from permit to spud is 46 days and from spud to first reported production 196 days. 85.3% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 10,583 ft, versus 9,162 ft on earlier permits (+15.5%).
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.