Glossary
Drilling & Completions

Spud Date

The date drilling begins on a well. Spud dates are usually reported after a rig has moved on location and started drilling, so they are a stronger activity signal than a permit alone.

A spud date is the date drilling begins on a well. It is the point where a permitted location becomes active drilling activity, which makes it one of the most useful public-record signals for tracking near-term operator execution.

Why Spud Dates Matter

Drilling permits show intent. Spud dates show that work started. Comparing permit dates with reported spud dates helps analysts separate locations that are merely permitted from locations that likely consumed rig time.

Permit To Spud Timing

The permit-to-spud window varies by basin, operator, rig availability, commodity prices, and regulatory process. A short window can indicate active development cadence, while a long window can indicate a permit inventory that has not yet converted into field activity.

Source Caveats

Spud dates are reported through state systems and can lag field activity. Some states publish explicit spud-date records, while others expose spud status through permit lifecycle fields, completion records, or well activity reports. EnergyNetWatch keeps permit, spud, completion, and production dates separate so operator rankings do not mix evidence types.

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