as of 2026-06-25

Oasis Petroleum North America LLC — Large Incumbent Operator Running Active Spacing Pipeline Across Bakken Plays

1,585
Producing now
2,181
Total wells
0
Pending cases
0
Wells authorized
Win rate
Producing now1,585 / 2,181
Active (status A/AC)1,514 / 2,181
Plugged / abandoned216 / 2,181

Oasis Petroleum North America LLC is one of North Dakota's larger Bakken operators, carrying a portfolio of 2,181 total wells — 1,514 active and 1,585 producing — spread across Williams, Burke, Dunn, McLean, and Mountrail counties. As of mid-2026 the company has no pending docket items in the formal momentum queue, but eight spacing unit applications filed in May–June 2026 across the Cottonwood-, Squires-, Bull Butte-, Gros Ventre-, Heart Butte-, Black Slough/Foothills-, and related Bakken pools signal a deliberate, multi-county infill and extension campaign. All eight cases carry ML progression probabilities of 96.7% or higher against a historical win rate of 82%, and none has been continued. Recent signed orders show a parallel operational layer: commingling authorizations with vapor recovery unit integration in McKenzie and Williams counties, alongside a cluster of dismissals-without-prejudice in the Corinth/Wildrose/Black Slough pools that suggest active docket management and strategic repositioning rather than retreat.

What stands out

Docket & Locations

Oasis has eight spacing unit applications currently in the pipeline, all rated 'high' relevance and all at the spacing-approved-no-permit-yet stage. Five are in Burke County (cases 32836, 32834, 32833, 32832, 32924), two in Williams County (cases 32830, 32831), and one spanning Dunn, McLean, and Mountrail counties (case 32923). Hearing dates cluster around two Industrial Commission sessions: May 27, 2026 and June 24, 2026. None of the eight cases has been continued. The pools targeted include Cottonwood-Bakken, Squires-Bakken, Bull Butte-Bakken, Gros Ventre-Bakken, Heart Butte-Bakken, and Black Slough/Foothills-Bakken — a breadth that reflects Oasis's multi-bench Bakken strategy across the western ND fairway.

sources: 32830, 32831, 32832, 32833, 32834, 32836, 32923, 32924

Portfolio

The total well count stands at 2,181, of which 1,514 are active and 216 are plugged. Notably, 1,585 wells are currently producing — a figure that exceeds the active count, consistent with wells that may be classified differently in state records but are nonetheless on production. This scale places Oasis firmly among the larger operators in the ND Bakken.

sources: port-total, port-active, port-plugged, port-producing_now

Recent Orders & Cases

Eight orders were signed between May 11 and June 22, 2026. Two are commingling authorizations with vapor recovery unit integration: order 35785 covering the Elk-Bakken and Indian Hill-Bakken pools in McKenzie County (signed June 22), and order 35684 covering the Dublin-Bakken and Marmon-Bakken pools in Williams County (signed May 11). The remaining six orders are dismissals or a spacing amendment. The dismissal cluster is concentrated in the Corinth/Wildrose-Bakken pools straddling Divide and Williams counties (orders 35153, 35265, 35160, all signed in late May–June 2026) and the Black Slough-Bakken pool in Burke County (orders 35260 and 35520, signed May 17). Order 35521, signed the same day as the Black Slough dismissals, granted a spacing unit amendment and horizontal well authorization for the Foothills and/or Black Slough-Bakken pools in Burke County — the clearest sign of deliberate docket reshaping rather than withdrawal.

sources: ord-35785, ord-35684, ord-35153, ord-35265, ord-35160, ord-35260, ord-35520, ord-35521

Pipeline Probabilities & Win Rate

The ML progression probability across the eight pending cases ranges from 96.7% (case 32831, Bull Butte-Bakken, Williams County) to 100.0% (case 32830, Squires-Bakken, Williams County). The operator's historical win rate on similar applications is 82%. Every case is greenfield-negative — meaning prior wells exist in or near each unit — which is consistent with infill and step-out development rather than frontier exploration. Prior well counts per case range from 0 (case 32833, Black Slough/Foothills, Burke) to 15 (case 32923, Heart Butte-Bakken, three-county unit).

sources: 32830, 32831, 32832, 32833, 32834, 32836, 32923, 32924