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IndustryGlossary Term

Drilling Optimisation

The process of improving drilling speed, efficiency, and cost performance on a well. Subcontractors may be asked to adjust crew rotations, equipment deployment, or service timing to support optimisation targets. Faster drilling cycles can shorten contract durations, affecting your crew planning and invoicing schedules.

Related Terms

Liquefaction

Industry

The process of converting natural gas into liquid form (LNG) by cooling it to extreme temperatures for storage and transport. Subcontractors supporting liquefaction facilities must meet strict safety and technical certifications. Work scopes often include maintenance, insulation, and cryogenic system servicing.

Bore

Industry

A drilled or excavated hole through soil, rock, or existing structure. Subcontractors are often scoped to complete a specified number of bores per shift. Bore diameter and depth directly affect equipment selection and crew sizing.

C3+ Stream

Industry

A natural gas liquid (NGL) mixture containing propane, butane, and heavier hydrocarbons separated during processing. Subcontractors working at gas plants or fractionation facilities will handle, transport, or maintain equipment tied to this product stream. Understanding its composition helps crews follow correct handling, storage, and safety protocols on site.

Peaking Facility

Industry

A peaking facility is an energy plant activated only during periods of high demand, such as extreme cold snaps. For subcontractors, these sites generate short-notice, high-intensity work orders requiring rapid crew mobilisation. Expect compressed timelines and premium billing opportunities during activation periods.

Lifecycle-Based Approach

Industry

A method of planning services, maintenance, or contracts around the full lifespan of an asset or project phase. Subcontractors use it to align scopes of work, pricing, and resource deployment from mobilisation through decommissioning. This helps avoid scope gaps and supports longer-term service agreements.

Capital Program

Industry

A planned set of major construction or infrastructure projects approved by an owner or operator for a defined period. For subcontractors, it signals sustained work volumes and long-term contracting opportunities. Aligning your capacity with a client's capital program can anchor your pipeline for months or years.

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