196 wells across 45 recorded operators, with 17 drilling permits filed in the 24-month window at summary refresh.
Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
Quick answer: The Las Vegas - Raton Basin formation in Colorado has 196 wells on record across 45 recorded operators, with 17 drilling permits filed in the 24-month window at source refresh. Its operators with the most wells on record are Oxy, Bnl Enterprise Inc., Desert Eagle Operating LLC, Arco Oil & Gas Company and Atlantic Richfield Company. Source: Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
The operators with the most well counts targeting the Las Vegas - Raton Basin formation in Colorado:
| # | Operator | Wells in Las Vegas - Raton Basin |
|---|---|---|
| 1 | Oxy | 39 |
| 2 | Bnl Enterprise INC | 20 |
| 3 | Desert Eagle Operating LLC | 15 |
| 4 | Arco Oil & Gas Company | 15 |
| 5 | Atlantic Richfield Company | 11 |
| 6 | Helium Company | 8 |
| 7 | Energy & Carbon Management Commission | 7 |
| 8 | Skelly Oil Company | 6 |
| 9 | Addington & Associates H W | 6 |
| 10 | Nsc Helium Colorado LLC | 5 |
The Colorado counties with the most Las Vegas - Raton Basin activity:
Las Animas, Huerfano, Custer, Otero
Drilling permits in Colorado each year, the Las Vegas - Raton Basin count and share of them, and the median lateral length of those Las Vegas - Raton Basin permits.
| Year | State permits | This formation | Share | Median lateral |
|---|---|---|---|---|
| 2026 | 604 | 7 | 1.2% | n<5 |
| 2025 | 696 | 5 | 0.7% | n<5 |
| 2024 | 862 | 10 | 1.2% | n<5 |
| 2023 | 902 | 10 | 1.1% | n<5 |
| 2022 | 1,044 | 5 | 0.5% | n<5 |
| 2021 | 517 | 3 | 0.6% | n<5 |
| 2020 | 958 | <3 | — | n<5 |
| 2019 | 1,637 | <3 | — | n<5 |
Share of each year’s Colorado drilling permits by target formation, for the formations with the most permits.
| Year | Muddy J Sand | Denver Basin | Mesaverde | Piceance Basin | San Juan Basin | Las Vegas - Raton Basin |
|---|---|---|---|---|---|---|
| 2026 | 16.2% | 69.5% | — | 6.8% | 1.7% | 1.2% |
| 2025 | 16.8% | 64.1% | 3.3% | 11.5% | 2.4% | 0.7% |
| 2024 | 15.3% | 64.6% | 2% | 12.3% | 1.6% | 1.2% |
| 2023 | 22.1% | 56.8% | 5.7% | 8.5% | 4.8% | 1.1% |
| 2022 | 37.1% | 32.5% | 8.3% | 9.5% | 7.7% | 0.5% |
| 2021 | 65.6% | — | 26.1% | — | 4.8% | 0.6% |
| 2020 | 88.4% | 0.6% | 10.5% | — | — | — |
| 2019 | 85.1% | 0.4% | 10.8% | 0.2% | 0.6% | — |
Buckhead Energy computes every figure on this page from grouped records in public oil and gas data. The page shows counts, sums, percentiles and indexes only; it does not list individual wells, leases or permits.
Counts under 3 wells and percentiles under 5 wells are withheld; totals are floors.
Share is the formation’s permits as a percent of the state’s permits that year. Median lateral length is published only when at least 5 permits stand behind it.
Last computed: 2026-11-01. These figures are informational only and are not a valuation of any mineral or royalty interest.
The Las Vegas - Raton Basin is a formation/play group recorded in Colorado, with 196 wells on file across 45 distinct operators of record. Operators have filed 17 drilling permits targeting the Las Vegas - Raton Basin in the 24-month window at summary refresh. These are stored records, not a live measure of drilling.
Recorded formation activity provides regional context. It does not establish ownership, future production, royalty payments or a value for an individual tract. Consult qualified professionals about your specific interest.
196 wells target the Las Vegas - Raton Basin in Colorado, worked by 45 recorded operators, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
The Las Vegas - Raton Basin operators with the most wells on record in Colorado are Oxy, Bnl Enterprise Inc., Desert Eagle Operating LLC, Arco Oil & Gas Company and Atlantic Richfield Company. The full ranking is in the table on this page. Formation summary date: 2026-11-01.
Operators filed 17 drilling permits targeting the Las Vegas - Raton Basin in the 24-month window at source refresh, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
Operators filed 17 new drilling permits targeting the Las Vegas - Raton Basin in Colorado in the 24-month window at source refresh. New permits and spuds record reported activity stages; they do not establish ongoing drilling, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
Las Vegas - Raton Basin activity in Colorado includes 196 wells on record and 45 recorded operators, with 17 drilling permits filed in the 24-month window at source refresh — from Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
The primary counties recorded for Las Vegas - Raton Basin in Colorado are Las Animas, Huerfano, Custer, Otero. Formation summary date: 2026-11-01.
Value depends on your net mineral acres or royalty decimal, the operator, the remaining drilling locations, and current oil and gas prices. This page is informational only, not a valuation. Formation summary date: 2026-11-01.
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Get Your Free Written OfferFormation: Las Vegas - Raton Basin
State: Colorado
Total wells: 196
Recorded operators: 45
Permits 24mo: 17
Summary date: 2026-11-01
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