Cornerstone Natural Resources LLC is a focused North Dakota Bakken operator working exclusively in Burke County, where it holds 68 total wells — 27 active, 33 producing, and 2 plugged. The company is in active expansion mode: 8 wells are authorized across 4 pending regulatory cases, 2 of which go to hearing on 2026-09-23. Earlier cases (32990, 32991) carry progression probabilities of 99.2% and 98.7% respectively against a historical win rate of 85%, signaling a regulatory track record that consistently converts applications into orders. Service needs span the full development stack — drilling rigs, frac crews, frac sand, pad construction, and water logistics.
All regulatory activity is concentrated in Burke County. Four development-location cases are on file: cases 32990 and 32991 had their first hearings on 2026-07-29 and remain pending; cases 33174 and 33175 are scheduled for 2026-09-23. Case 32990 targets a 1,920-acre spacing unit in T.161N., R.91W. across the Northeast Foothills-Bakken, Little Butte-Bakken, and Clayton-Bakken pools. Case 32991 is a field extension covering 2,560 acres in T.162N./T.161N., R.90W., spanning Northeast Foothills-Bakken, Coteau-Bakken, South Coteau-Bakken, and Lostwood-Bakken. The September hearing adds case 33174 (2,560 acres, T.161N., R.90W., Sections 18-19-30-31, Northeast Foothills/Coteau/South Coteau-Bakken) and case 33175 (1,920 acres, T.161N., R.91W., Sections 23-26-35, Little Butte and Clayton-Bakken). Every case is non-greenfield.
Cornerstone carries 68 total wells in its ND portfolio. Of those, 27 are active, 33 are producing now, and 2 are plugged. The momentum ramp score stands at 10.0, and 8 wells are currently authorized through the pending case pipeline. The operator's 2 pending cases and 2 high-probability cases reflect a pipeline that is both live and near-term.
No signed orders appear in the current bundle. The 2 active pending cases — 33174 and 33175 — are both spacing-unit applications in Burke County scheduled for the 2026-09-23 hearing. The two July cases (32990, 32991) carry ML progression probabilities of 99.2% and 98.7% respectively; the September cases have not yet been scored. The operator's historical win rate across similar cases is 85%.
Cornerstone's active work-type profile covers the complete pad-development cycle: drilling rigs, frac crews, frac sand, new-pad dirt and construction, and water logistics and trucking. With 8 wells authorized and a coordinated multi-case hearing imminent, near-term demand across all five categories is credible. Operations are geographically tight — Burke County only — which concentrates logistics requirements.