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Industry Glossary Term

AISI (American Iron and Steel Institute)

A standards body that classifies steel grades used in oilfield and construction equipment. Subcontractors reference AISI codes when sourcing pipe, fittings, or structural steel to meet spec requirements. Knowing these grades helps avoid costly material rejections on site.

Related Terms

Generation Capacity

Industry

The maximum electrical output a power generation unit can reliably produce, measured in kilowatts or megawatts. For field crews, it determines whether on-site generators can handle equipment loads at remote worksites. Subcontractors must verify capacity before mobilising power-intensive tools or machinery.

Modular Camp

Industry

A prefabricated, relocatable accommodation facility used to house workers on remote oil & gas or construction sites. Units are shipped and assembled on-site, then dismantled when the project ends. Subcontractors may bill camp costs separately or include them in their overall project pricing.

Progressive Design-Build

Industry

A project delivery method where design and construction phases overlap, with the owner and contractor collaborating before scope is fully defined. Subcontractors are often brought on early, meaning scope, pricing, and schedules can shift as design matures. Contracts may be cost-reimbursable at first, then convert to fixed-price once scope is confirmed.

Lease Sale

Industry

A government auction where energy companies bid for the right to explore and develop specific land or offshore blocks. Winning bids signal upcoming exploration activity, which often leads to new work opportunities for field service subcontractors. Tracking lease sales helps companies anticipate demand and position crews and equipment accordingly.

SWD (Saltwater Disposal)

Industry

The process of injecting produced water from oil and gas operations into approved underground formations. Subcontractors may operate or service SWD facilities, including pump maintenance, wellbore work, and fluid hauling. Understanding SWD volumes and schedules helps crews plan trucking, pit management, and injection equipment needs.

Rotary Rig Count

Industry

A weekly tally of active drilling rigs operating across a region, published by companies like Baker Hughes. Subcontractors use it to gauge market demand and anticipate work volumes. A rising count typically signals increased opportunities for drilling-related field services.

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