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IndustryGlossary Term

ABC (Associated Builders and Contractors)

A U.S. trade association representing merit-shop contractors in construction and industrial sectors. Subcontractors use ABC membership for training resources, safety programmes, and industry networking. Membership can also signal credibility when bidding on open-shop projects.

Related Terms

Shaker Screens

Industry

Mesh filters mounted on shale shakers that separate drill cuttings from drilling fluid on the rig. Subcontractors handling fluid management or solids control must track screen condition and swap them regularly. Damaged or plugged screens slow operations and can trigger downtime charges against your crew.

Mwh (megawatt-Hour)

Industry

A unit measuring one megawatt of electrical power consumed or produced over one hour. Subcontractors encounter MWh when billing for generator rentals, temporary power supply, or energy-intensive equipment on remote sites. It also appears in green energy projects where field crews install or service solar, wind, or battery storage systems.

Hydrovac

Industry

A truck-mounted unit that uses pressurised water and a vacuum system to excavate soil safely around buried utilities. Subcontractors are frequently hired for hydrovac work on pipeline, civil, and utility projects. It is preferred over mechanical digging in areas with high strike risk.

Failure Assessment Diagram (fad)

Industry

A FAD is an engineering tool used to assess whether a crack or defect in a component is safe to operate or requires immediate repair. Subcontractors use FAD assessments to support fitness-for-service decisions on pressurised piping, vessels, and structural welds. Results directly influence repair scopes, shutdown planning, and liability on field service contracts.

CAPEX (Capital Expenditure)

Industry

Funds an operator spends on major assets like wells, pipelines, or facilities. High CAPEX cycles mean more subcontract opportunities for field crews and equipment providers. Low CAPEX periods often signal slower work volumes and tighter bid competition.

Gathering Infrastructure

Industry

The network of pipelines, compressors, and processing facilities that collect hydrocarbons from wellheads and move them to processing or transmission points. For subcontractors, it represents a major source of construction, maintenance, and inspection work. Projects often run concurrently with drilling programmes, creating tight scheduling demands.

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