Stephens Williston, LLC (operating as SEG Williston, LLC) is a Divide County-focused Bakken operator with 54 total wells, 21 of which are currently producing and 10 plugged. As of mid-2026, the company is entirely inactive on the permitting and hearing front — zero pending cases, zero authorized wells, zero upcoming hearings — while its two most recent regulatory actions (a forced pooling order and a spacing unit amendment, both in the Bluffton-Bakken Pool) point to a posture of consolidating and optimizing an existing position rather than expanding it.
Both of the operator's recent orders are anchored in Divide County's Bluffton-Bakken Pool. Order 34879 (Forced Pooling, signed 2026-05-13) and Order 34864 (Spacing Unit Amendment and Field Rules, signed 2026-04-24) represent the entirety of recent regulatory activity. There are no pending cases, no scheduled hearings, and no development locations on file as of the dossier date.
The operator holds 54 total wells. Of those, 23 are classified active and 21 are producing now; 10 have been plugged. The divergence between active and producing counts leaves a small cohort of active-but-non-producing wells whose status — shut-in, awaiting workover, or held for recompletion — is not resolved by available data. The plugged count signals ongoing portfolio rationalization rather than a static legacy book.
The forced pooling order (34879) is the sharper of the two instruments: in North Dakota, forced pooling is invoked when voluntary agreement with mineral owners fails, meaning the operator has unresolved land exposure in its core area. The spacing unit amendment (34864), issued three weeks earlier in the same pool, rewrites field rules — typically to accommodate longer laterals, adjust density, or realign unit boundaries. Together, the two orders read as preparation: clearing title risk and resetting the technical framework, with no drilling authorization yet filed to follow through.
Momentum indicators are uniformly flat: 0 pending cases, 0 high-probability permits, 0 authorized wells, and no next hearing date. Win rate and average probability are not calculable from available data. For an operator with 21 producing wells, the complete absence of forward permitting activity is notable — it either reflects a deliberate pause pending resolution of the land and spacing issues addressed in the spring 2026 orders, or a broader capital constraint. The regulatory groundwork laid in April–May 2026 gives the company the tools to move; whether it does is the open question.