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Permian Basin Formation

The Permian Basin formation in TX currently has 59,542 wells from 5,856 active operators on file. 388 permits have been filed for new Permian Basin wells in the last 24 months.

Total Wells
59,542
Active Operators
5,856
Permits (24mo)
388
Total Lateral (ft)
11,261,944

Primary counties: ECTOR (TX), ANDREWS (TX), JONES (TX), HOWARD (TX), RUNNELS (TX)

Permian Basin Activity by Year

2020: 104 permits 2020 2021: 96 permits 2021 2022: 158 permits 2022 2023: 158 permits 2023 2024: 154 permits 2024 2025: 202 permits 2025 2026: 149 permits 2026
Permian Basin drilling permits per year (Texas + Oklahoma) (permits)
Permian Basin drilling permits per year (Texas + Oklahoma)
Periodpermits
2020104
202196
2022158
2023158
2024154
2025202
2026149
YearPermitsOperators permittingMedian lateral (ft)
202010445135
20219656123
202215864131
202315862131
202415439131
202520257131
202614942532

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

Top Operators in Permian Basin

RankOperatorWells
1 Oxy 4,130
2 Hilcorp Energy Company 2,476
3 Kinder Morgan Production 1,161
4 Aghorn Operating 720
5 Bcemach Iii LLC 636
6 Apache 559
7 Lcs Production Company 450
8 Pioneer Natural Resources 446
9 Exxon Mobil 418
10 Amoco Production Company 391

About Permian Basin