8,449 wells across 873 recorded operators, with 173 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 Fort Worth Syncline formation in Texas has 8,449 wells on record across 873 recorded operators, with 173 drilling permits filed in the 24-month window at source refresh. Its operators with the most wells on record are Peba Oil & Gas, R2q Operating, Hadley Oil Company, V & H Oil and Muirfield Exploration. 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 Fort Worth Syncline formation in Texas:
| # | Operator | Wells in Fort Worth Syncline |
|---|---|---|
| 1 | Peba Oil & Gas | 928 |
| 2 | R2q Operating | 369 |
| 3 | Hadley Oil Company | 361 |
| 4 | V & H Oil | 319 |
| 5 | Muirfield Exploration | 298 |
| 6 | Arch Operating | 291 |
| 7 | Mountain Creek Oil Company | 256 |
| 8 | Bridwell Oil Company | 178 |
| 9 | R & R Energy | 156 |
| 10 | Bkv Barnett LLC | 119 |
The Texas counties with the most Fort Worth Syncline activity:
Montague, Clay, Denton, Jack, Wise
The Fort Worth Syncline is not among the Texas formations tracked separately in the yearly permit mix, so only statewide permit counts are shown.
| Year | State permits | This formation | Share | Median lateral |
|---|---|---|---|---|
| 2026 | 8,004 | — | — | — |
| 2025 | 8,037 | — | — | — |
| 2024 | 8,916 | — | — | — |
| 2023 | 9,280 | — | — | — |
| 2022 | 12,110 | — | — | — |
| 2021 | 9,907 | — | — | — |
| 2020 | 9,447 | — | — | — |
| 2019 | 15,566 | — | — | — |
Share of each year’s Texas drilling permits by target formation, for the formations with the most permits.
| Year | Permian Basin | Gulf Coast Basin (La - Tx) | Avalon-Bone Spring | Thirty-One Carbonate-Chert | Austin Chalk | East Texas Basin |
|---|---|---|---|---|---|---|
| 2026 | 58.1% | 17.8% | 0.5% | 1.4% | 0.7% | 5.9% |
| 2025 | 62.9% | 19% | 1.4% | 1.9% | 1.2% | 4.5% |
| 2024 | 65.7% | 20.9% | 0.5% | 2% | 0.7% | 3.8% |
| 2023 | 59.7% | 21.5% | 1.8% | 3.1% | 0.9% | 3.7% |
| 2022 | 44.7% | 16.7% | 2.9% | 4.6% | 2% | 3% |
| 2021 | 34.3% | 6.2% | 8.4% | 10.3% | 7.9% | 0.8% |
| 2020 | 24.4% | 3.3% | 11.6% | 9% | 11.2% | 0.3% |
| 2019 | 24.8% | 3.2% | 14% | 9.2% | 12.1% | 0.2% |
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 Fort Worth Syncline is a formation/play group recorded in Texas, with 8,449 wells on file across 873 distinct operators of record. Operators have filed 173 drilling permits targeting the Fort Worth Syncline 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.
8,449 wells target the Fort Worth Syncline in Texas, worked by 873 recorded operators, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
The Fort Worth Syncline operators with the most wells on record in Texas are Peba Oil & Gas, R2q Operating, Hadley Oil Company, V & H Oil and Muirfield Exploration. The full ranking is in the table on this page. Formation summary date: 2026-11-01.
Operators filed 173 drilling permits targeting the Fort Worth Syncline 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 173 new drilling permits targeting the Fort Worth Syncline in Texas 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.
Fort Worth Syncline activity in Texas includes 8,449 wells on record and 873 recorded operators, with 173 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 Fort Worth Syncline in Texas are Montague, Clay, Denton, Jack, Wise. 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: Fort Worth Syncline
State: Texas
Total wells: 8,449
Recorded operators: 873
Permits 24mo: 173
Summary date: 2026-11-01
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