Foundation Energy Management, LLC is an active North Dakota Bakken operator with a portfolio of 237 total wells — 97 active, 101 producing, and 66 plugged — concentrated in McKenzie County. The company's near-term development story centers on a single pending spacing-unit case (Case 32790) heard June 25, 2026, seeking authorization for 8 wells across a 2,560-acre unit spanning the Ranch Creek-Bakken and Bennett Creek-Bakken pools. With an 86.6% ML progression probability and an 85% historical win rate, the case carries high commercial relevance and, if approved, would represent a meaningful step-up from the 4 prior wells already established in that footprint.
Foundation has one pending case before the North Dakota Industrial Commission: Case 32790, a spacing-unit application in McKenzie County heard June 25, 2026. The proposed unit covers 2,560 acres across four sections — T.146N., R.99W. Sections 3 and 10, and T.147N., R.99W. Sections 27 and 34 — targeting the Ranch Creek-Bakken Pool and Bennett Creek-Bakken Pool. The case first appeared at hearing on April 23, 2026, and is currently at the spacing stage with no permits yet issued and no wells spudded under this authorization. Four prior wells exist in the footprint, confirming this is an infill/densification play rather than a new entry.
Foundation's total well count stands at 237, with 101 producing now, 97 active, and 66 plugged. The producing-now figure exceeding the active count is a detail worth clarifying with the operator. All current development activity is focused in McKenzie County, consistent with the company's Bakken concentration.
No recent signed orders appear in the current record. The sole active case is Case 32790. No named individuals (officers, landmen, attorneys of record) are surfaced in the available data.
Case 32790 carries an ML progression probability of 86.6% and sits against a backdrop of an 85% operator win rate — both above typical thresholds for high-confidence tracking. The momentum ramp score is 7.9, and 8 wells are authorized under the pending application. Work types associated with Foundation's activity profile include drilling rigs, frac crews, frac sand, new-pad dirt and construction, and water logistics and trucking — a full-cycle service footprint consistent with an operator preparing to move from spacing approval into active development.
| Case | County | Pool | Precision | Map |
|---|---|---|---|---|
| 32790 | McKenzie | Ranch Creek-Bakken Pool, Bennett Creek-Bakken Pool | legal | 📍 map |