An exploration well drilled in a previously untested or undeveloped area to assess its resource potential. For subcontractors, these projects often mean remote mobilisation, longer contracts, and premium rates. Expect limited local infrastructure and higher logistical complexity.
Basin Opener
Related Terms
Refinery Throughput
IndustryThe volume of crude oil a refinery processes over a set period, typically measured in barrels per day. Higher throughput means more maintenance, turnaround, and inspection work for subcontractors. Expect busier scopes and tighter schedules when a client ramps up processing capacity.
Viaduct
IndustryA long elevated bridge structure carrying roads or pipelines over valleys, water, or rough terrain. Subcontractors working near viaducts must account for access restrictions and specialised rigging requirements. Inspection and maintenance contracts on viaducts often require working-at-heights certification.
Frac Campaign
IndustryA scheduled series of hydraulic fracturing operations across multiple wells or stages within a defined period, representing a concentrated burst of work that subcontractors must plan for with adequate crew, equipment, and supply chain capacity. For field service companies, winning a spot in a frac campaign can mean weeks of steady, high-volume work but also demands tight mobilisation timelines and the ability to scale up quickly.
Netback
IndustryThe revenue a producer receives per unit after deducting transportation, processing, and royalty costs. Subcontractors use it as a gauge of operator profitability and budget health. Rising netbacks often signal more field activity and stronger contract opportunities.
Resource Delineation
IndustryThe process of defining the boundaries and quantity of an oil, gas, or mineral deposit through appraisal drilling and testing. For subcontractors, it signals a sustained work programme requiring crew, equipment, and logistical planning. Delineation phases often drive multi-month contracts for drilling, completions, and field services.
Work Order
IndustryA formal document issued by a client or general contractor authorising a subcontractor to perform a specific scope of work. It outlines the job details, location, timeline, and agreed rate. Subcontractors typically cannot invoice without a valid work order number.
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