Eighty-Eight Oil, LLC operates as an independent crude oil marketing company, primarily in the Rocky Mountain region but also throughout the United States of America.
Regionally, the Williston Basin (North Dakota) and the Powder River Basin (Wyoming) constitute the majority of the company’s crude oil purchases, and Eighty-Eight sells in multiple markets across the nation, including Cushing, Guernsey, Clearbrook, DAPL, and Casper.
Eighty-Eight also owns two terminals, Johnsons Corner in North Dakota and Guernsey in Wyoming, as well as a rail facility, also in Wyoming. As a marketing company, Eighty-Eight Oil also provides the full slate of first purchaser services, including division of interest, royalty and tax payment services.
Nymex Data
| Sept 2024 | 69.3725 |
| Aug 2024 | 75.4336 |
| July 2024 | 80.4814 |
| June 2024 | 78.6984 |
| May 2024 | 78.6214 |
Values Updated Saturday
Nymex Trade Day Averages
(Excludes weekends and holidays)
History
Eighty-Eight Oil LLC has earned its reputation as a premier, full-service crude oil marketing company. Since 1963, operators have relied on Eighty-Eight for its excellence in customer service, reliability, detailed and precise back office supports, and ability to leverage consistent and reliable markets. Our Sales Representatives rely on a vast network of traders and refiners to access the best markets. We are known for our entrepeneurial mindset that allows us to be nimble and move quickly on new business ventures. This mindset has allowed Eighty-Eight to enter new markets across the country, build and operate tank facilities in Guernsey, WY and Johnsons Corner, ND, as well as operate rail facilities in North Dakota and Wyoming.
A Message from Eighty-Eight Oil
Eighty-Eight Oil, LLC practices the belief of H.A. “Dave” True who said, “I have always considered integrity and ethics to be the most important part of a business decision. Our goal has been to make every deal on such terms and in such a manner that next week, next year or five years from now, we can go back and deal with those same people again.”
Eighty-Eight Oil Core Strengths
Crude Oil markets are complex and dynamic and are driven by inter-related factors, the degree and nature of which are imperfectly known. The complexity of these markets create opportunities to solve the logistical inefficiencies inherent in the crude oil marketing business. Eighty-Eight is well positioned to capture such opportunities through its:
In short, Eighty-Eight Oil capitalizes on opportunities within the region by providing superior crude oil marketing services and being prepared and postured to capitalize on market opportunities.
Eighty-Eight Oil Core Strengths
Crude Oil markets are complex and dynamic and are driven by inter-related factors, the degree and nature of which are imperfectly known. The complexity of these markets create opportunities to solve the logistical inefficiencies inherent in the crude oil marketing business. Eighty-Eight is well positioned to capture such opportunities through its:
In short, Eighty-Eight Oil capitalizes on opportunities within the region by providing superior crude oil marketing services and being prepared and postured to capitalize on market opportunities.
Eighty-Eight Portal and ACH
Eighty-Eight Oil is pleased to announce a portal that interest owners can access to fulfill various functions.
- Obtain Check Details
- Copies of 1099’s
- Update Mailing Addresses
- Forms
- Ownership Transfer
- ACH Enrollment
- Access to Fequently Asked Questions
- Understand the Process for Transfering Interest
- How to change a name
- And More…
To access this portal for the first time, click here.
You will be asked to enter your owner number and tax ID. This will take you to a New User Registration page on which you will create a username and password unique to you. After this initial set-up, you will use http://truelegacyapp.truecos.com to login with the username and password you created. You will then have access to the functions mentioned above.
ACH Payment Registration
Eighty-Eight Oil LLC is pleased to offer ACH electronic royalty payments as a preferred payment method.
If you would like to receive your royalty payments via ACH please download and print the ACH Enrollment form. Complete the requested information and mail or email the form with a voided check to the address provided on the ACH form.
Contact Us
Quick Links
Contact
Phone:
(307) 237-9301
Mailing Address:
PO Drawer 2360
Casper, WY 82602-2360
Other Links
