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Olmos Formation

The Olmos formation in TX currently has 15,794 wells from 1,156 active operators on file. 86 permits have been filed for new Olmos wells in the last 24 months.

Total Wells
15,794
Active Operators
1,156
Permits (24mo)
86
Total Lateral (ft)
31,854,257

Primary counties: WEBB (TX), MCMULLEN (TX), LA SALLE (TX), LIVE OAK (TX), DUVAL (TX)

Olmos Activity by Year

2020: 149 permits 2020 2021: 210 permits 2021 2022: 59 permits 2022 2023: 12 permits 2023 2024: 12 permits 2024 2025: 81 permits 2025 2026: 4 permits 2026
Olmos drilling permits per year (Texas + Oklahoma) (permits)
Olmos drilling permits per year (Texas + Oklahoma)
Periodpermits
2020149
2021210
202259
202312
202412
202581
20264
YearPermitsOperators permittingMedian lateral (ft)
2020149248,379
2021210248,255
202259147,951
20231266,979
20241284,694
20258165,589
2026443,575

Computed by Valor from public oil and gas data. The current year is partial; medians need at least three laterals.

Top Operators in Olmos

RankOperatorWells
1 Lewis Petro Properties 2,551
2 Crescent Energy Operating, LLC 619
3 Varas Energy Operating Company, LLC 615
4 Hilcorp Energy Company 534
5 Bpx Operating Company 421
6 Eog Resources 394
7 Petrovybe Opco LLC 323
8 Caturus Energy, LLC 321
9 Marathon Oil Company 284
10 Ineos Usa Oil & Gas LLC 241

About Olmos