Waggoner Operating, L.L.C. is a privately held oil and gas operator focused on North Texas, with activity concentrated in Wilbarger, Baylor, and Wichita counties. The company is closely tied to legacy assets associated with the historic W.T. Waggoner Estate and operates a steady, mature production base. Oilgasleads ranks Waggoner Operating, L.L.C. #32 for companies active in its tracked regions.
Total wells associated with the operator: ~137 wells in public oil & gas datasets.
Waggoner Operating, L.L.C.
Address:
PO Box 2130 – Oil Division
Vernon, TX 76385
United States
Main Phone:
(940) 552-2521
Waggoner Operating, L.L.C. — Drilling Activity Summary as of March 2026
| Metric | Value |
|---|---|
| OGL Rank | #32 |
| Rig Count | 2 |
| Wells Drilled (March 2026) | 7 |
| Wells Drilled (2025) | 12 |
| Permits – Last 12 Months | 26 |
| Permits – Last 60 Days | 5 |
| Permits (CY + PY-1 + PY-2) | 46 |
Activity Interpretation
Active operator: Currently running 2 rigs, indicating a consistent and ongoing drilling program.
Drilling pace: The company drilled 12 wells in 2025 and has already drilled 7 wells in 2026 YTD, suggesting a stable year-over-year development cadence.
Permit inventory: A total of 46 permits over the past three years, with 26 permits in the last 12 months, supports a sustained drilling pipeline.
Near-term activity: 5 permits issued in the last 60 days indicate continued short-term drilling plans with no signs of slowdown.
Short Operator Profile
Waggoner Operating, L.L.C. ranks #32 among tracked operators and maintains a steady drilling program supported by two active rigs. With consistent drilling results—12 wells in 2025 and 7 wells already in 2026—the company demonstrates a disciplined, repeatable development strategy. Its permitting activity, including 46 permits over the past three years and continued recent filings, reinforces its position as a “steady state” operator focused on maintaining production and executing predictable field development across its North Texas asset base.
