FieldNews
Subscribe
Industry Glossary Term

Bentonite

A natural clay mineral used in drilling fluids to stabilise boreholes and suspend drill cuttings. Subcontractors handling bentonite slurry must follow site-specific mixing and disposal procedures. Improper handling can trigger environmental compliance issues and project delays.

Related Terms

Trenchless Method

Industry

A pipeline or conduit installation technique that avoids open excavation, using methods like HDD (Horizontal Directional Drilling) or pipe bursting. Subcontractors use it to cross roads, waterways, or environmentally sensitive areas with minimal surface disruption. Specialised equipment and certifications are typically required, affecting crew composition and bid pricing.

Run/repair/replace

Industry

A decision-making framework used to evaluate whether aging or damaged equipment should continue operating, be repaired, or be swapped out entirely. Subcontractors are often called in to assess assets and execute whichever option the client authorises. Understanding this process helps field crews scope work accurately and avoid scope creep on site.

Legacy Well

Industry

An older well built to outdated standards that may require specialised remediation, abandonment, or workover services. Subcontractors should expect non-standard equipment configurations and additional compliance requirements. Scope creep and unforeseen costs are common on legacy well projects.

Shut-In Production

Industry

A well or facility that has been temporarily halted from producing oil or gas. For subcontractors, shut-ins often mean suspended work orders and delayed invoicing. Confirm contract terms around standby rates before production stops.

Call for Participation

Industry

A formal notice from an operator or prime contractor inviting subcontractors to express interest in an upcoming project or contract. It typically outlines scope, required certifications, and submission deadlines. Responding early can improve your chances of being shortlisted for the work.

Turnkey

Industry

A contract where the subcontractor delivers a fully completed scope for a fixed price, assuming all cost and schedule risk. The client pays only upon project completion, not for time or materials spent. This model demands tight cost control, as overruns come directly out of your margin.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project by Aimsio