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IndustryGlossary Term

Export Capacity

The maximum volume of oil, gas, or product a facility can move off-site through pipelines, tankers, or terminals. For subcontractors, export capacity limits often dictate project pace and crew scheduling. Delays in export infrastructure can stall work and affect invoice milestones.

Related Terms

Field Ticket

Industry

A document created in the field that records work performed, equipment used, materials consumed, and time spent. Field tickets are the basis for invoicing and must typically be approved by the customer before payment.

Workover

Industry

Operations performed on an existing well to restore, maintain, or improve production. Includes activities like recompletions, artificial lift installation, and remedial cementing.

Condensate

Industry

A light liquid hydrocarbon that separates from natural gas during production and processing. Subcontractors handling condensate must follow strict hazmat protocols, as it is highly volatile and flammable. It is often measured and valued separately from crude oil on production sites.

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.

Marine Foundation

Industry

A structural base system that anchors offshore platforms, wind turbines, or subsea equipment to the seabed. Subcontractors may support installation, inspection, or repair work on pile-driven, gravity-based, or suction caisson foundations. Scope can include diving services, grouting, and non-destructive testing.

IMR (Inspection, Maintenance, and Repair)

Industry

A category of ongoing field service work covering routine inspections, preventive maintenance, and corrective repairs on infrastructure or equipment, often awarded to subcontractors through standing agreements or blanket contracts. For field service companies, IMR scopes provide a reliable stream of recurring work but typically require crews to mobilise quickly and hold multiple trade certifications to meet operator requirements.

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