Bentonite

A drilling schedule where wells are spaced consecutively with minimal downtime between completions. For subcontractors, it means sustained mobilisation of crews and equipment across multiple well sites. Expect extended contract durations but also compressed turnaround times between locations.

A rock formation believed to contain oil or gas, targeted for drilling or evaluation. Subcontractors are often mobilised to support exploration work within these zones. Scope and duration of field service contracts may depend on how many prospective intervals a well will test.

The replaceable filtering surfaces installed in vibratory shakers and separators on drilling and processing sites. Types include wire mesh, polyurethane, and rubber panels, each suited to different material grades. Subcontractors are often responsible for sourcing, swapping, and disposing of worn screen media during operations.

A natural gas pricing benchmark set at a Louisiana pipeline hub, widely used in North American supply contracts. When Henry Hub prices rise, upstream activity increases and subcontractor demand typically follows. Monitoring this index helps field service companies anticipate project volumes and negotiate rates.

A long-term contract where a buyer commits to purchasing a set volume of product from a producer. For subcontractors, these agreements signal stable, ongoing site activity and sustained demand for field services. They often underpin project financing, making worksites more financially secure for service providers.

A designated site containing multiple large storage tanks for oil, gas, or chemicals. Subcontractors frequently perform inspection, maintenance, and cleaning work at these facilities. Access permits and confined space certifications are typically required on site.

How Operator Mergers and Acquisitions Affect Your Subcontract Agreements

When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.

How Rig Count Trends Affect Subcontractor Demand and What to Do About It

Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.

What Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?

An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.