CADDYSHACK 22-23-24 2H - Intelligence Brief

Phoenix Operating LLC · Divide County, ND · File #42787 · Generated 2026-04-04 16:50

📊 Signals (4)

Tier	Signal	Date	Service Impact
Tier 2	Use of wet shoe sub with ability to frac out the toe, including backup hydraulic toe sleeve. 📄 PROPOSED WORK, Well: CADDYSHACK 22-23-24 2H, Page 7 of 10 Non-standard completion design allowing toe fracturing, differing from dry shoe norms and indicating advanced frac readiness.	Unknown	Completions / Frac
Tier 3	Waiver for backbuild order granted due to operator owning adjacent spacing units, allowing drilling outside target unit without additional notifications. 📄 Letter dated February 9th, 2026, SUBJECT: SPACKLER Pad... Backbuild Order Waiver Bypasses standard regulatory notification requirements for off-spacing drilling, indicating operator's integrated control over multiple units.	2026-02-09	Regulatory / Permitting
Tier 3	Requirement to contact NDIC Field Inspector Robert Stafford prior to location construction.⏰ TIME-SENSITIVE 📄 STIPULATIONS, Page 2 of 10, Date: 3/25/2026 Imposes pre-construction regulatory checkpoint not universally required, potentially delaying operations if inspector unavailable.	Relative	General Oilfield Services
Tier 3	Commitment to no diesel-based compounds in hydraulic stimulation, listing prohibited CAS numbers. 📄 5. STIMULATION, Well: CADDYSHACK 22-23-24 2H Voluntary restriction beyond basic regulations, aligning with environmental preferences and potentially increasing costs.	Unknown	Completions / Frac

Tier

Signal

Date

Service Impact

Tier 2

Use of wet shoe sub with ability to frac out the toe, including backup hydraulic toe sleeve.
📄 PROPOSED WORK, Well: CADDYSHACK 22-23-24 2H, Page 7 of 10
Non-standard completion design allowing toe fracturing, differing from dry shoe norms and indicating advanced frac readiness.

Unknown

Completions / Frac

Tier 3

Waiver for backbuild order granted due to operator owning adjacent spacing units, allowing drilling outside target unit without additional notifications.
📄 Letter dated February 9th, 2026, SUBJECT: SPACKLER Pad... Backbuild Order Waiver
Bypasses standard regulatory notification requirements for off-spacing drilling, indicating operator's integrated control over multiple units.

2026-02-09

Regulatory / Permitting

Tier 3

Requirement to contact NDIC Field Inspector Robert Stafford prior to location construction.⏰ TIME-SENSITIVE
📄 STIPULATIONS, Page 2 of 10, Date: 3/25/2026
Imposes pre-construction regulatory checkpoint not universally required, potentially delaying operations if inspector unavailable.

Relative

General Oilfield Services

Tier 3

Commitment to no diesel-based compounds in hydraulic stimulation, listing prohibited CAS numbers.
📄 5. STIMULATION, Well: CADDYSHACK 22-23-24 2H
Voluntary restriction beyond basic regulations, aligning with environmental preferences and potentially increasing costs.

Unknown

Completions / Frac

💡 Operator Intent

Minimize environmental and regulatory risks through closed-loop systems, no-diesel frac, and specific disposal contracts.

Closed mud system stipulated, no diesel compounds in stimulation, and designated disposal to Smoky Butte Environmental LLC.

Accelerate development by leveraging self-owned adjacent units to bypass backbuild notifications.

Waiver for backbuild order as Phoenix operates adjacent spacing units, per letter dated February 9th, 2026.

🔧 Service Operator Relevance

Regulatory compliance and inspection coordination

Mandatory pre-construction contact with NDIC Field Inspector creates immediate timing pressure for pad construction services.

Specialized frac and completion equipment

Wet shoe design with frac capability signals near-term demand for advanced toe preparation tools and hydraulic sleeves.

🛢️ CADDYSHACK 22-23-24 2H

📊 Signals (4)

💡 Operator Intent

🔧 Service Operator Relevance