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Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Bcfd (billion Cubic Feet Per Day)

A measurement of natural gas flow volume used to describe pipeline or facility throughput capacity. Higher Bcfd ratings signal larger-scale projects, meaning more crews, longer durations, and greater subcontracting opportunities. Subcontractors use this figure to gauge project size when bidding work.

Related Terms

Tunnel Portal

Industry

The open entrance and exit points of a tunnel where underground meets surface operations. For subcontractors, portals are critical mobilisation zones for equipment, crews, and material staging. Access, congestion, and safety controls at portals directly affect your crew's productivity and schedule.

Pad Program

Industry

A multi-well drilling campaign where several wells are drilled from a single surface location. For subcontractors, it means extended continuous work with predictable scheduling across sequential well builds. Expect high mobilisation value but tight coordination between crews and trades.

Leasehold Acres

Industry

The total land area an operator has licensed to explore or produce hydrocarbons. Larger leasehold positions typically mean more sustained work for subcontractors across multiple well sites. It signals the operator's activity footprint and potential contract volume in a region.

Hydraulic Structures

Industry

Built infrastructure that controls or directs water flow, such as dams, weirs, cofferdams, and retention ponds. Subcontractors working near these structures often face strict safety and permitting requirements. Scopes may include installation, inspection, maintenance, or dewatering support.

BIM (Building Information Modelling)

Industry

A shared 3D digital model of a construction project that contains structural, mechanical, and site data. Subcontractors use it to coordinate work sequences, avoid clashes with other trades, and verify installation specs before mobilising. Access to the BIM model is often required before entering a worksite.

Steel Erection

Industry

The process of assembling and raising structural steel components on a construction site. For subcontractors, this scope typically requires certified ironworkers, crane coordination, and strict fall-protection compliance. It is often a high-value, schedule-critical phase that affects downstream trades.

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