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Industry Glossary Term

EPC (Engineering, Procurement, Construction)

A project delivery model where one main contractor handles all phases from design to completion, typically creating multiple subcontracting opportunities for field service companies across different project phases. For subcontractors, EPC projects often mean working under a prime contractor who coordinates all trades and manages the overall timeline and specifications.

Related Terms

Bakken Play

Industry

A major tight-oil producing region spanning North Dakota, Montana, and southern Saskatchewan and Manitoba. Subcontractors working here should expect high-volume horizontal drilling and multi-stage fracturing scopes. Seasonal road bans and remote logistics significantly impact crew mobilisation and equipment scheduling.

Core Desorption

Industry

A lab process where gas is measured as it releases from rock core samples pulled during drilling. Subcontractors handling or transporting cores must follow strict protocols to preserve sample integrity. Mishandling can compromise data and trigger costly disputes with operators.

Hot Shot

Industry

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

MTPA (Million Tonnes Per Annum)

Industry

A measure of a facility's annual production or processing capacity, expressed in millions of tonnes. Larger MTPA ratings typically signal longer project durations and higher subcontractor labour demand. Knowing a site's MTPA helps field service companies anticipate scope size and resource requirements.

Completions

Industry

The phase of oil and gas well development after drilling is finished, encompassing the work required to prepare a well for production — including perforating, fracturing, and installing wellhead equipment. For subcontractors, completions represent a concentrated burst of high-demand field work where specialised crews, equipment, and services are mobilised under tight timelines.

Mobilization/Demobilization

Industry

The process of moving equipment and personnel to a job site (mobilization) and returning them afterward (demobilization). Often billed as separate line items.

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