The Palo Duro Basin formation in OK, TX currently has 21,274 wells from 1,906 active operators on file. 58 permits have been filed for new Palo Duro Basin wells in the last 24 months.
Primary counties: WICHITA (TX), WILBARGER (TX), TILLMAN (OK), CIMARRON (OK), JACKSON (OK)
| Year | Permits | Operators permitting | Median lateral (ft) |
|---|---|---|---|
| 2020 | 24 | 13 | 106 |
| 2021 | 12 | 9 | 106 |
| 2022 | 18 | 12 | 111 |
| 2023 | 32 | 17 | 109 |
| 2024 | 34 | 7 | 108 |
| 2025 | 30 | 12 | 108 |
| 2026 | 17 | 10 | 110 |
Computed by Valor from public oil and gas data. The current year is partial; medians need at least three laterals.
| Rank | Operator | Wells |
|---|---|---|
| 1 | Waggoner Operating,LLC | 1,109 |
| 2 | R2q Operating | 436 |
| 3 | Burk Royalty | 365 |
| 4 | French American Metals | 235 |
| 5 | Johnson & Ernst Operating Company | 231 |
| 6 | Stephens & Johnson Operating Company | 228 |
| 7 | Olenox Corp | 221 |
| 8 | Quatro Oil And Gas | 217 |
| 9 | S&G Oil | 188 |
| 10 | Texas Energy Operations Lc | 153 |