A system used to boost production from oil wells that lack sufficient natural pressure to bring fluids to surface. Common methods include rod pumps, ESPs (Electric Submersible Pumps), and gas lift. Subcontractors are often mobilised to install, service, or troubleshoot these systems throughout a well's producing life.
Artificial Lift
Related Terms
Instrumentation
IndustryThe installation, calibration, and maintenance of measurement and control devices such as gauges, transmitters, and sensors. Subcontractors are often scoped specifically for instrumentation work, requiring certified trades and precise documentation. It is a common standalone discipline on large oil and gas and industrial construction projects.
JV (Joint Venture)
IndustryA formal business arrangement where two or more companies partner to pursue a specific project or contract, which can affect subcontractors by changing who issues purchase orders, approves invoices, or holds liability on site. Field service companies should confirm early which JV partner is the contracting entity to avoid payment delays or scope disputes.
Force Majeure
IndustryA contract clause that excuses a party from performing obligations due to extraordinary events beyond their control, such as natural disasters or pandemics. For subcontractors, it can mean suspended work orders without compensation. Always review how your prime contract defines triggering events before signing.
Capital Discipline
IndustryWhen operators strictly control spending and delay or cancel projects to protect their balance sheets. For subcontractors, this means fewer awarded contracts, reduced scopes, and tighter bid competition. Expect slower mobilisation timelines and more rigorous cost justification from clients.
Subcontractor
IndustryA company hired by a general contractor or directly by an operator to perform a specific portion of work. Subcontractors often specialize in particular services or trades.
Service Company
IndustryA company that provides specialized services to oil and gas operators, such as drilling, completions, workover, transportation, or maintenance. Also called oilfield services (OFS).
Latest Industry News
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