Quick answer: Vtx Energy Operating, LLC has 362 Texas/Oklahoma drilling permits in the last ten years, 37 of them in the last 12 complete months (+15.6% year over year). Its most-permitted county is Reeves (88.7% of permits) and leading target is Permian Basin (57.6%).
| Year | Permits | Median lateral (ft) |
|---|---|---|
| 2017 | 43 | 8,026 |
| 2018 | 50 | 10,281 |
| 2019 | 23 | 8,308 |
| 2020 | 8 | 8,429 |
| 2021 | 32 | 9,366 |
| 2022 | 54 | 10,221 |
| 2023 | 35 | 10,142 |
| 2024 | 53 | 10,867 |
| 2025 | 32 | 10,974 |
| 2026 | 28 | 10,334 |
| Formation / play | Permits | Share |
|---|---|---|
| Permian Basin | 208 | 57.6% |
| Avalon-Bone Spring | 153 | 42.4% |
| Median permit → spud | 40 days |
| Median spud → first reported production | 132 days |
| Permits older than 12 months that were spudded | 99.7% |
| Spuds older than 12 months reporting production | 88.9% |
| Median lateral, last 24 months vs earlier | 10,643 ft vs 9,969 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.
Vtx Energy Operating, LLC has 362 Texas/Oklahoma drilling permits in the last ten years, 37 of them in the last 12 complete months (+15.6% year over year). Its most-permitted county is Reeves (88.7% of permits) and leading target is Permian Basin (57.6%).
Across its permits, the median time from permit to spud is 40 days and from spud to first reported production 132 days. 99.7% of its permits older than a year have been spudded.
Its median lateral on permits from the last 24 months is 10,643 ft, versus 9,969 ft on earlier permits (+6.8%).
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.