FieldNews
Subscribe

Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Distributed Generation

Power produced on-site using generators, solar, or other local sources rather than drawn from a central grid. Subcontractors in remote sites often rely on distributed generation to run equipment and crew facilities. Understanding site power setup affects how you plan equipment loads and fuel logistics.

Related Terms

Extreme Value Analysis (eva)

Industry

A statistical method used to predict the likelihood of rare but severe events, such as equipment failures or extreme weather. Subcontractors use EVA to assess risk exposure and justify contingency planning in bids. It supports decisions around insurance coverage, mobilisation buffers, and site safety protocols.

Subsea Tieback

Industry

A pipeline or flow line system that connects a new offshore wellhead or satellite field back to an existing production facility or platform, allowing operators to develop remote reserves without building standalone infrastructure. For subcontractors, tiebacks often involve specialised subsea installation, inspection, and maintenance scopes that require certified divers, ROV crews, or subsea engineering support.

AFE (Authorization for Expenditure)

Industry

A budgeting document used in oil and gas projects that outlines expected costs and seeks approval before work begins. Subcontractors often work under AFEs issued by operators.

Hot Shot

Industry

Expedited delivery service for equipment, parts, or materials to remote job sites. Often used for urgent oilfield deliveries.

BHA (Bottom Hole Assembly)

Industry

The collection of drilling tools and equipment at the bottom of the drill string, including the drill bit, drill collars, stabilizers, and downhole motors. For drilling subcontractors, BHA configuration directly impacts drilling performance, tool wear rates, and operational efficiency.

Custody Transfer

Industry

The formal handover point where ownership or responsibility for a measured quantity of oil, gas, or other product moves from one party to another — typically triggering billing, invoicing, or contractual obligations for subcontractors involved in metering, transport, or handling operations. Field service crews working custody transfer points must ensure measurements are accurate and fully documented, as discrepancies can directly affect client invoices and liability.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project byAimsio