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Industry Glossary Term

CSG (Casing)

Steel pipe installed in a wellbore to provide structural integrity and prevent contamination between different geological formations, requiring specialized installation and cementing services that subcontractors frequently provide during drilling operations.

Related Terms

Shale Gas

Industry

Natural gas extracted from shale rock formations using hydraulic fracturing and horizontal drilling. For subcontractors, shale gas projects drive high demand for frac crews, equipment operators, and site services. Work is often concentrated in multi-well pad campaigns, creating steady but intense mobilisation cycles.

JV (Joint Venture)

Industry

A formal business arrangement where two or more companies partner to pursue a specific project or contract, which can affect subcontractors by changing who issues purchase orders, approves invoices, or holds liability on site. Field service companies should confirm early which JV partner is the contracting entity to avoid payment delays or scope disputes.

Hydrovac

Industry

A truck-mounted unit that uses pressurised water and a vacuum system to excavate soil safely around buried utilities. Subcontractors are frequently hired for hydrovac work on pipeline, civil, and utility projects. It is preferred over mechanical digging in areas with high strike risk.

Tubular Running

Industry

The process of installing pipe, casing, or tubing strings into a wellbore during drilling or completion operations. Subcontractors providing tubular running services supply specialised crews and equipment such as power tongs and elevators. Accurate job scoping is critical, as rig time is costly and delays directly affect invoicing and contract performance.

SPR (Strategic Petroleum Reserve)

Industry

A government-held emergency stockpile of crude oil that, when released or replenished, can trigger short-term surges in drilling, transportation, and maintenance contracts as operators respond to shifting supply directives. Field service companies should monitor SPR activity as an indicator of near-term work mobilisation and pricing conditions in their region.

Class 8 Truck

Industry

The heaviest commercial truck classification, with a gross vehicle weight rating over 33,000 lbs. Includes semi-trucks, tankers, and heavy haulers commonly used to move equipment and materials on job sites. Operators require a Class 1 commercial driver's licence in Canada.

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