FieldNews
Subscribe
Industry Glossary Term

Bbl/d (barrels Per Day)

A measure of how much oil a well or facility produces daily. Operators use Bbl/d targets to schedule field service crews and equipment. Higher Bbl/d often means more maintenance contracts and longer mobilisation windows for subcontractors.

Related Terms

Coiled Tubing

Industry

A continuous steel tube wound on a large reel, deployed downhole for well interventions, cleanouts, and stimulation work. Subcontractors often support CT operations as part of completions or well servicing scopes. Specialised CT crews and equipment typically require separate mobilisation planning and rate structures.

Frac Water Management

Industry

The handling, hauling, storage, and disposal of water used in hydraulic fracturing operations. Subcontractors often provide vacuum trucks, fluid hauling, and pit liner services across these stages. Proper documentation and disposal compliance are required to avoid liability on-site.

Marine Construction

Industry

Offshore and nearshore infrastructure work including platform installation, subsea pipelines, and dock or jetty builds. Subcontractors often face strict vessel access requirements and marine safety certifications. Mobilisation costs and weather delays are major contract risk factors.

Mmbbl (million Barrels)

Industry

A unit measuring crude oil volume, where one MMbbl equals one million barrels. Operators use MMbbl figures to size projects and forecast work scopes. Higher MMbbl targets typically mean longer contracts and more field service opportunities.

Condition Monitoring

Industry

The ongoing tracking of equipment health using sensors, vibration analysis, or fluid sampling to detect faults early. Subcontractors may be hired specifically to perform these checks or provide monitored assets. It helps prevent costly breakdowns and supports predictive maintenance schedules on site.

Drilling Pad

Industry

A prepared surface site where one or more wellbores are drilled from a central location. Subcontractors often mobilise equipment and crew to serve multiple wells from a single pad. This reduces move-out costs and can extend your on-site contract duration.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project by Aimsio