Boe/d (barrels of Oil Equivalent Per Day)

The regulated process of restoring a mine site to an environmentally acceptable condition after operations cease. For subcontractors, it generates specialised scopes including grading, revegetation, and water treatment work. Reclamation projects often extend years beyond mine closure, providing longer-term contract opportunities.

A company that provides specialized services to oil and gas operators, such as drilling, completions, workover, transportation, or maintenance. Also called oilfield services (OFS).

Exploration activity conducted in remote, undeveloped, or previously unworked regions where subcontractors can expect longer mobilisation lead times, higher logistical costs, and limited access to local supply chains or support infrastructure.

A voluntary safety certification program in Canada that recognizes employers who have developed health and safety management systems that meet established standards. Required by many operators in Alberta and Western Canada.

2P (Proved Plus Probable) Reserves represent the total oil or gas a client is reasonably confident exists and can extract. Operators use 2P figures to justify long-term capital spending and multi-year field development plans. Higher 2P reserves often signal sustained work programmes and stronger subcontractor demand.

A system that connects on-site power generation to the utility grid. Subcontractors working on grid-tie installations must coordinate with utility companies and meet strict interconnection standards. Common on solar and wind projects in remote industrial or construction settings.

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.