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Heat the oil in a heavy pot over medium-high heat, until the oil reaches 350°F.
While the oil is heating, cut a hole in the center of each refrigerated biscuit using a small round cookie cutter or an apple corer. Save the center pieces for making donut holes.
Add the biscuits to the hot oil, 2-3 at a time. Cook 2-3 minutes, or until browned, then flip and cook an additional 2-3 minutes. Remove carefully from the oil and place on paper towels to drain. Repeat with remaining biscuits and centers.
Allow the donuts to cool for 10-15 minutes, or until they are cool enough to handle. While the donuts are cooling, whisk together the butter, powdered sugar, maple extract, and enough half and half to make a smooth and runny glaze.
Dip the donuts into the glaze, then sprinkle with bacon pieces. Enjoy!