Monday, February 23, 2026

NDIC Hearing Dockets, March 25 - 26, 2026 -- Posted February 23, 2026

Locator: 50036DOCKETS.

Hearing dockets are found here at the NDIC.

Wednesday, February 25, 2026
Link here.
14 pages
.

The cases, again, these are cases, not permits: 

  • 32642, BR, Bull Moose and/or Snowcover-Bakken, standup 1280-acre unit; two wells; McKenzie County;
  • 32643, BR, North Branch and/or Snowcover-Bakken, overlapping standup 1920-acre unit; four wells; McKenzie County;
  • 32644, BR, Trailside-Bakken, overlapping standup 1920-acre unit; four wells; McKenzie County;
  • 32645, BR, Trailside and/or Rough Rider-Bakken, overlapping standup 2560-acre unit, four wells; McKenzie County;
  • 32646, Hess, Rainbow-Bakken, an overlapping standup 2560-acre unit; four wells; overlapping standup 2560-acr unit; one well; Williams County;
  • 32647, Hess, Sorkness-Bakken overlapping 2560-acre unit, one well, Mountrail County;
  • 32648, White Rock, West Butte-Bakken, overlapping standup 1920-acre unit; four wells; McKenzie County; 
  • 32649, White Rock, Grassy Butte-Bakken, establish a standup 1920-acre unit; four wells; McKenzie County;
  • 32650, Devon Energy, Nameless, Foreman Butte and/or Glass Bluff-Bakken, establish two overlapping laydown 1600-acre unit; four wells on each unit; McKenzie County;
  • 32651, Devon Energy, Camp-Bakke; establish two overlapping laydown 2240-acre units; five wells on each unit; McKenzie County
  • 32652, Devon Energy, Buford, Ft Buford and/or Briar Creek-Bakken, establish an overlapping 2560-acre unit; five wells on that unit; McKenzie and Williams counties;
  • 32653, Devon Energy, Briar Creek-Bakken, establish an overlapping standup 2560-acre unit; five wells; McKenzie County;
  • 32654, Devon Energy, Painted Woods-Bakken, establish two overlapping laydown 1920-acre units; five wells on each unit; Williams County;
  • 32655, Whiting, MonDak-Bakken, establish three overlapping laydown 1920-acre units; four wells on each such unit; McKenzie County;
  • 32656, Whiting, Corinth and/or Big Stone-Bakken; establish two overlapping laydown 1920-acre unit; four wells on each; Williams County;
  • 32657, Enerplus, Little Knife-Bakken, establish an overlapping standup 2560-acre unit; four wells; Dunn County;
  • 32658, Enerplus, Baker-Bakken, establish an overlapping 2560-acre unit; one well; McKenzie and Williams counties;
  • 32659, Enerplus, Little Muddy-Bakken, establish an overlapping standup 2560-acre unit; one well; Williams;
  • 32660, Enerplus, Climax-Bakken, establish two overlapping laydown 1920-acre units; four wells on each; Williams County;
  • 32661, Oasis, Heart Butte-Bakken, establish two overlapping standup 1920-acre units, four wells on each unit; Dunn County;
  • 32662, Oasis, Deep Water Creek Bay-Bakken, establish an overlapping 1280-acre unit; four wells on that unit; establish an overlapping 1280-acre 1280-acre unit; three wells; Mclean County;
  • 32663, Oasis, Black Slough-Bakke, establish an overlapping laydown 1920-acre unit; four wells; establish an overlapping laydown 2560-acre unit four wells; Burke County; 
  • 32664, Oasis, Foothills and/or Black Slough-Bakken, three overlapping standup 2560-acre units, three wells on each unit; Burke County;
  • 32665, Oasis, Foothills and/or Leaf Mountain-Bakken, establish an overlapping standup 1920-acre unit; three wells; establish an overlapping standup 2560-acre unit; three wells; Burke County;
  • 32666, Petro-Hunt, Charlson-Bakken, a long, long case to retroactively and prospectively allocate production to protect the correlative rights of all owners; McKenzie and Keene counties;
  • 32667, BR, pooling;
  • 32668, BR, pooling; 
  • 32669, BR pooling;
  • 32670, BR, pooling;
  • 32671, BR, commingling;
  • 32672, BR, commingling;
  • 32673, Hess, pooling;
  • 32674, Hess, pooling;
  • 32675, Hess, commingling;
  • 32676, Devon Energy; commingling;
  • 32677, Devon Energy, commingling;
  • 32678, Kraken, pooling; 
  • 32679, Kraken, pooling;
  • 32680, MRO, commingling;
  • 32681, Enerplus, commingling;
  • 32682, Oasis, commingling;
  • 32683, Oasis, commingling;
  • 32684, Oasis, commingling;
  • 32685, Oasis, commingling;
  • 32686, Oasis, commingling;
  • 32687, Ferrata Energy, Buford-Bakken, four wells on a 1920-acre unit; Williams and mcKenzie County; 

 

Thursday, February 26, 2026
Link here.
11 pages
.

The cases, again, these are cases, not permits: 

  • 32688, NDIC, CLR, Murphy Creek-Bakken, injection wells for a pilot operation to test the feasibility of enhanced oil recovery; Dunn County; 
  • 32689, NDIC, CLR, ditto - #32688;
  • 32690, NDIC, CLR, ditto - #32688;
  • 32691, NDIC, CLR, ditto - #32688;
  • 32692, NDIC, CLR, ditto - #32689;
  • 32693, WGO, Sentinel Butte-Red River, flaring, Golden Valley;
  • 32694, KODA Resources, Fertile Valley-Bakken, flaring, Divide County;
  • 32695, KODA Resources, Fertile Valley-Bakken; two overlapping 4800-acre units; one well, Divide County;
  • 32696, Hunt, Vanville-Bakken, two overlapping 2560-acre units; four wells on each; eight wells total; Burke County;
  • 32697, Larson-Bakken, overlapping 3840-acre unit; one well; Burke County;
  • 32698, EOG, Parshall-Bakken, establish two overlapping 1920-acr units; one well on each; establish an overlapping 2560-acre unit; one well; Mountrail County;
  • 32699, EOG, Clear Water-Bakken, establish one overlapping 2560-acre unit, four wells; establish an overlapping 3200-acre unit; two wells; Mountrail County; 
  • 32700, Valkyrie Operating, Colgan-Bakken and/or Big Dipper-Bakken, a standup 1920-acre unit, five wells; Divide County; 
  • 32701, Valkyrie Operating, Big Dipper-Bakken, Colgan-Bakken, Gooseneck-Bakken, West Ambrose-Bakken, and/or Fortuna-Bakken, establish three standup 1920-acre units; five wells on each; establish three standup 2560-acre units; five wells on each; total, 30 wells; Divide County;
  • 32702, Valkyrie Operating, Gooseneck-Bakken and/or Fortuna-Bakken, establish one standup 2560-acre unit; five wells on that unit; Divide County;
  • 32703, Rockport Energy Solutions, Ranch Coulee-Bakken, an overlapping 1920-acre unit; four wells on that unit; McKenzie County;
  • 32704, Phoenix Operating, Strandahl/Bull Butte-Bakken, establish an overlapping 5760-acre unit; one well, Williams County;
  • 32705, Phoenix Operating, Noonan-Bakken, establish an overlapping 3840-acre unit; one well; Divide County;
  • 32706, Phoenix Operating, Noonan-Bakken, establish an overlapping standup 3840-acre unit; one well; Divide County;
  • 32707, Hunt, Vanville-Bakken, pooling; Burke County; 
  • 32708, Hunt, pooling;
  • 32709, Formentera, pooling;
  • 32710, KODA Resources, pooling;
  • 32711, KODA Resources, pooling;
  • 32712, KODA Resources, pooling;
  • 32713, KODA Resources, pooling;
  • 32714, KODA Resources, pooling;
  • 32715, KODA Resources, pooling;
  • 32716, EOG, Parshall-Bakken; two wells in a 2560-acre unit; and, two wells in a 3200-acre spacing unit; Mountrail County;  
  • 32717, EOG, pooling;
  • 32718, EOG, pooling;
  • 32719, Rockport Energy, pooling;
  • 32720, Hunt, SWD;
  • 32721, SWD;
  • 32722, SWD; 
  • 32723, Phoenix Operating, SWD;
  • 32724, Phoenix Operating, SWD;
  • 32725, Phoenix Operating, SWD;
  • 32726, Firebird Services; SWD;
  • 32727, Harvest Midstream Services, SWD; 

 

 


The Keystone XL Is Now The Bridger Expansion -- February 23, 2026

Locator: 50035PIPELINES.

Updates

April 30, 2026: President Trump signs order authorizing Bridger Pipeline's proposed project from US-Canade border to Wyoming, April 30, 2026.

Original Post  

From an earlier post. 

I've always argued the biggest mistake made was calling an oil and gas project an "XL" project. "XL oil and gas" is like waving a red flag in front of the Sierra Club.  

The Bridger Expansion proposal.

"Cash Is King" -- Absolutely A Misreading With What That Implies -- The Maginot Line Was Also Seen As "Defense Is King" -- February 23, 2026

Locator: 50034INVESTING.

"My favorite chart": MMFs.

My investment rules: zero dollars directly invested in MMFs; zero dollars in cash in the accounts I control.

This is for my extended family members interested in investing. It is the fastest way I can get information out to my extended family members.  It is not meant for the general audience. This is not an investment site. Do not make any investment decisions based on what you read here or think you may have read here. See the blog's disclaimer. 

*******************************
Investing

Re-posting from over the weekend with additional data points added to help put things in perspective:

Re-posting:

*******************
The World's Largest Cash Piles

Link here.

Might be a nice "marker" for the archives.  

Additional data points:


 

**********************************
Disclaimer
Briefly

Briefly: 

  • I am inappropriately exuberant about the Bakken and I am often well out front of my headlights. I am often appropriately accused of hyperbole when it comes to the Bakken.
  • I am inappropriately exuberant about the US economy and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. All my posts are done quickly: there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
  • If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 
  • Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
  • I am also inappropriately exuberant about all things Apple. 
  • And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
  • I am also inappropriately exuberant about all things Broadcom.
  • Longer version here.   
  • Struggling With Cognitive Dissonance -- February 23, 2026

    Locator: 50033CULTURE. 

    Updates

    February 28, 2026: link here to Literary Hub.  

    Original Post 

    Where are we?

    I started here: link here. 

    I then tried to educate myself on Bourdieu. It was initially difficult but sorted it out myself without resorting to AI.

    So, 

    Keynesian liberalism --> neoliberalism --> Hayek, Friedmam (Thatcher, Reagan) --> Bourdieu (in the article linked above.  

    The linked article begins:

    Recent articles have homed in on the crisis of reading without explicitly tending to the phenomena as a site of class warfare. 

    [Recent articles] report that reading is now a rarefied activity: all it takes is reading two books a year to be considered an endangered species. 

    Alongside the techification and devaluation of public arts education, and its corresponding drop in reading practices, we can also observe the growth of exclusive and luxury branded literary salons. Spanish brand Loewe has held an International Poetry Prize for over four decades, under the trust of Loewe Foundation. 
    The Italian brand Miu Miu and French brand Chanel have hosted a recent series of literary clubs with award winning writers. There is Fondazione Prada Books, an imprint by Prada that publishes “catalogues, monographs and artists’ books, with a focus on scholarly texts,” in addition to jewelry house Chaumet’s book series, which includes stories for children.

    Examples, I assume, of techification and devaluation of public arts education, and its corresponding drop in reading practices:

    • techification: traditional community libraries are now shifting resources (money, space, personnel) from books and magazines one can read while holding them in your hands, to tablets and desktops;
    • devaluation of public arts education: Mamdami, mayor New York City, will cut funding of world class libraries to fund the city's budget crisis (wow).

    There there, a quick review of neoliberalism, in response to Keynesian economics, a product of Virginia Woolf's Bloomsbury social construct.


    And then to Bourdieu, which is the focus of the linked article from where this post began: 

    As noted, for me, an investor (not a trader) and a product of a liberal education, my mind is forever troubled by cognitive dissonance. I don't that's "bad" but it's often difficult. 

    Are the CEOs of the Mag 7 purposely feeding us "stuff" to maintain class warfare and keep themselves among the righ and famous, or are they simply giving folks what they want?  

    Keystone XL -- Hope Springs Eternal -- Monday, February 23, 2026

    Locator: 50032B.

    Trump wins again: link here.  

    *******************************
    Back to the Bakken 

    WTI: $66.89. Goldman Sachs hikes year-end oil price forecast by $6 / bbl. 

    New wells reporting:

    • Tuesday, February 24, 2026: 47 for the month, 100 for the quarter, 100 for the year, 
      • 41819, conf, BR, Rolla 6E, 
      • 41332, conf, Hess, BW-Hagen-149-100-1522H-4,
      • 41047, conf, Hess, BL-Kvam-156-95-1720H-2, 
      • 40967, conf, XTO, HBU Sakakawea Federal 13X-35EXH, 
    • Monday, February 23, 2026: 43 for the month, 96 for the quarter, 96 for the year,
      • None.
    • Sunday, February 22, 2026: 43 for the month, 96 for the quarter, 96 for the year,
      • 41457, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-3H, 
      • 41455, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22-5H, 
      • 41323, conf, Phoenix Operating, Daniel Ferrari 3-10-15-22 4H, 
    • Saturday, February 21, 2026: 40 for the month, 93 for the quarter, 93 for the year,
      • 41370, conf, Hess, EN-Hanson A-155-94-0607H-7, 

    RBN Energy: Bridger Pipeline aims to create 550-Mb/d outlet for Canadian crude. Link here. Archived. 

    Bridger Pipeline Expansion LLC — a wholly owned subsidiary of Bridger Pipeline LLC — has filed plans with the Montana Department of Environmental Quality (DEQ) for a 36-inch-diameter crude oil pipeline designed to move 550 Mb/d of Canadian production 645 miles from the U.S.-Canada border to the major Rockies crude hub at Guernsey, WY. The concept is straightforward but ambitious: move barrels south into U.S. markets by leveraging existing infrastructure, including what could amount to a revival of the long-dormant Keystone XL facilities in Alberta. In today’s RBN blog, we’ll dive into this plan. 

    Here’s what we know so far. Bridger submitted a formal plan for the project to the Montana DEQ on January 28. The project includes plans for a new crude oil line (dashed yellow-and-black line in Figure 1 below) whose proposed route largely follows existing rights-of-way and aims to streamline permitting while preserving the optionality for Bakken interconnects in Montana. Guernsey is not the final stop but more of a switchyard, meaning that additional downstream links would be needed to shuttle crude onward to hubs such as Cushing, OK; Patoka, IL; and ultimately the Gulf Coast (more on that below).

    Figure 1. Bridger Pipeline Expansion Project. Source: RBN