15,694 wells across 1,154 recorded operators, with 86 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 Olmos formation in Texas has 15,694 wells on record across 1,154 recorded operators, with 86 drilling permits filed in the 24-month window at source refresh. Its operators with the most wells on record are Lewis Petro Properties, Crescent Energy Operating, LLC, Varas Energy Operating Company, LLC, Hilcorp Energy Company and Bpx Operating 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 Olmos formation in Texas:
| # | Operator | Wells in Olmos |
|---|---|---|
| 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 | 393 |
| 7 | Petrovybe Opco LLC | 324 |
| 8 | Caturus Energy, LLC | 321 |
| 9 | Marathon Oil Company | 285 |
| 10 | Ineos USA Oil & Gas LLC | 241 |
The Texas counties with the most Olmos activity:
Webb, Mcmullen, La Salle, Live Oak, Duval
The Olmos 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 Olmos is a formation/play group recorded in Texas, with 15,694 wells on file across 1,154 distinct operators of record. Operators have filed 86 drilling permits targeting the Olmos 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.
15,694 wells target the Olmos in Texas, worked by 1,154 recorded operators, per Buckhead Energy analysis of public oil and gas data. Formation summary date: 2026-11-01.
The Olmos operators with the most wells on record in Texas are Lewis Petro Properties, Crescent Energy Operating, LLC, Varas Energy Operating Company, LLC, Hilcorp Energy Company and Bpx Operating Company. The full ranking is in the table on this page. Formation summary date: 2026-11-01.
Operators filed 86 drilling permits targeting the Olmos 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 86 new drilling permits targeting the Olmos 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.
Olmos activity in Texas includes 15,694 wells on record and 1,154 recorded operators, with 86 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 Olmos in Texas are Webb, McMullen, La Salle, Live Oak, Duval. 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: Olmos
State: Texas
Total wells: 15,694
Recorded operators: 1,154
Permits 24mo: 86
Summary date: 2026-11-01
