Murex Petroleum Corporation is a mid-sized North Dakota operator with a portfolio of 340 total wells, 206 active and 196 currently producing, concentrated in Divide and Williams counties. The company has 5 wells authorized through its regulatory pipeline and one pending spacing unit case (32918) scheduled for hearing on 2026-06-24 — a 2,560-acre unit targeting the Sioux Trail and Zahl-Bakken pools across four sections straddling the T.160N./T.159N. township line. A May 2026 saltwater disposal conversion order in Williams County's West Tioga Field signals active infrastructure management alongside the development push. With a historical win rate of 71% but a case-specific ML progression probability of 36.4%, the near-term outlook is cautiously constructive.
Murex has one pending case before the North Dakota Industrial Commission: case 32918, a spacing unit application covering 2,560 acres across Sections 29 and 32 of T.160N., R.101W. and Sections 5 and 8 of T.159N., R.101W. — a four-section block that crosses both the Divide and Williams county line. The targeted pools are Sioux Trail and Zahl-Bakken. The hearing is set for 2026-06-24. The application seeks authorization for 5 wells; 2 prior wells already exist in the area, confirming this is not a greenfield play. The case is at stage rank 0 (spacing approved — no permit yet) and has not been continued previously.
Murex operates 340 total wells in North Dakota. Of those, 206 are active and 196 are producing now, with 72 plugged. The tight spread between active and currently producing wells indicates very little idle inventory — the active fleet is largely working. Work-type exposure spans the full development cycle: drilling rigs, frac crews, frac sand, new-pad dirt and construction, and water logistics and trucking.
The most recent signed order (Order 35695, dated 2026-05-08) authorized a saltwater disposal well conversion in West Tioga Field, Williams County — a practical infrastructure move that complements the pending Divide-Williams spacing application. The operator's momentum metrics show 5 wells authorized, a ramp score of 2.8, and a next hearing date of 2026-06-24. The overall win rate across Murex's case history stands at 71%, though the ML probability assigned specifically to case 32918 is 36.4%.