A measure of a well's or facility's daily oil production output. Operators use BOPD targets to schedule field service work, so higher rates often mean more frequent maintenance contracts and crew rotations. Subcontractors may see BOPD thresholds written into service agreements to trigger additional scope.
BOPD (Barrels of Oil Per Day)
Related Terms
Multi-Well Battery
IndustryA centralised surface facility that collects and processes production from multiple wells simultaneously. For subcontractors, it means larger, longer-duration scopes covering instrumentation, piping, and facility maintenance. Mobilisation costs are often shared across the site, improving job economics.
Geothermal Brine
IndustryHighly mineralised, hot saltwater extracted from underground geothermal reservoirs during energy production. Subcontractors handling it must follow strict corrosion control and PPE protocols. Disposal and handling are heavily regulated due to its chemical content.
Topside Fabrication
IndustryThe construction and assembly of the above-water structures on offshore platforms, including decks, modules, and processing equipment, where subcontractors are typically engaged for specialised trades such as structural welding, pipefitting, electrical, and instrumentation work. For field service companies, topside scopes often involve strict offshore safety certifications, remote logistics, and milestone-based billing tied to fabrication progress.
IMR (Inspection, Maintenance, and Repair)
IndustryA category of ongoing field service work covering routine inspections, preventive maintenance, and corrective repairs on infrastructure or equipment, often awarded to subcontractors through standing agreements or blanket contracts. For field service companies, IMR scopes provide a reliable stream of recurring work but typically require crews to mobilise quickly and hold multiple trade certifications to meet operator requirements.
Frac Campaign
IndustryA scheduled series of hydraulic fracturing operations across multiple wells or stages within a defined period, representing a concentrated burst of work that subcontractors must plan for with adequate crew, equipment, and supply chain capacity. For field service companies, winning a spot in a frac campaign can mean weeks of steady, high-volume work but also demands tight mobilisation timelines and the ability to scale up quickly.
Rig Count
IndustryThe number of drilling rigs actively operating in a region. Published weekly by Baker Hughes, the rig count is a leading indicator of activity levels in the oil and gas industry.
Latest Industry News
Phoenix Energy Tops 50,000 Bopd in Williston Basin
Phoenix Energy's Williston Basin production surpassed 50,000 bopd in July 2026, capping rapid growth from roughly 100 bopd in early 2024 and signaling sustained Bakken drilling activity.
19 days agoIndustryIPC Brings Blackrod Phase 1 Online Ahead of Schedule, Eyes 30,000 bopd Plateau by Late 2027
International Petroleum Corp. has achieved first oil at its Blackrod thermal oil sands project in Alberta ahead of schedule, with plateau production of 30,000 bopd now expected roughly one quarter earlier than originally planned.
1 month agoIndustrySix Out-of-Control Alberta Wildfires Put 500,000 Bopd of Oil Sands Production at Risk
Six out-of-control wildfires are burning within 20 kilometers of major Alberta oil sands sites operated by Cenovus, Canadian Natural Resources, and ConocoPhillips, threatening roughly 500,000 barrels per day of crude production.
2 months agoIndustryNuclear Restarts Show Uneven Path for Subcontractor Work
OilPrice.com details how Holtec's Palisades restart hit corrosion, supply-chain and equipment problems, while Constellation's Three Mile Island project looks far more straightforward, signaling uneven timelines for reactor recommissioning work.
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Industry GuideHow Rig Count Trends Affect Subcontractor Demand and What to Do About It
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