FieldNews
Subscribe

Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Exploration Well

A well drilled in an unproven or lightly tested area to determine whether hydrocarbons are present, often representing shorter-term, high-mobilisation contracts for subcontractors with less predictable follow-on work than development drilling programmes.

Related Terms

Candu (canadian Deuterium Uranium) Reactor

Industry

A Canadian-designed nuclear reactor that uses heavy water as a moderator and coolant. Subcontractors working on maintenance or upgrades face strict nuclear regulatory compliance and specialised certification requirements. Expect rigorous site access controls, radiation safety training, and detailed documentation standards.

Frac Campaign

Industry

A 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.

Brine Development

Industry

The process of producing and managing saltwater solutions used in well completion, workover, and drilling operations. Subcontractors may be engaged for fluid handling, storage, transport, or disposal services. Scope can vary widely, so confirm fluid specifications and disposal requirements before mobilising.

Midstream

Industry

The segment of the oil and gas industry involved in processing, storing, and transporting oil, gas, and NGLs. Includes pipelines, gathering systems, and processing plants.

FID (Final Investment Decision)

Industry

The point when a project owner formally approves funding and commits to proceeding with a major project. For subcontractors, FID is the trigger that converts preliminary work into confirmed scopes and purchase orders. Mobilisation planning, crew hiring, and equipment sourcing typically begin after FID is announced.

Interoperability

Industry

The ability of different software systems, tools, or equipment to work together without manual workarounds. For subcontractors, this means your timesheets, invoicing, and reporting tools can connect directly with a prime contractor's systems. It reduces double-entry errors and speeds up approvals and payments.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project byAimsio