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IndustryGlossary Term

Frontier Exploration

Exploration activity conducted in remote, undeveloped, or previously unworked regions where subcontractors can expect longer mobilisation lead times, higher logistical costs, and limited access to local supply chains or support infrastructure.

Related Terms

Bonus Bid

Industry

A lump-sum payment made by an operator to secure rights to a lease block, separate from royalties. For subcontractors, a large bonus bid signals operator commitment and can indicate upcoming project activity in that area.

Pipeline Open Season

Industry

A formal period when a pipeline operator solicits capacity commitments from shippers before building or expanding a line. For subcontractors, it signals upcoming construction and maintenance work. Winning bids during this phase often trigger mobilisation timelines and crew planning.

Ship Dock (ngl Terminal)

Industry

A marine loading facility at an NGL terminal where tankers berth to receive liquids for export. Subcontractors are often engaged for dock maintenance, marine hose handling, and loading arm inspections. Work here involves strict marine and hazardous-material protocols.

Pad Program

Industry

A multi-well drilling campaign where several wells are drilled from a single surface location. For subcontractors, it means extended continuous work with predictable scheduling across sequential well builds. Expect high mobilisation value but tight coordination between crews and trades.

Bench (reservoir Bench)

Industry

A distinct, laterally continuous zone within a reservoir formation targeted as a separate drilling interval. Operators often develop multiple benches in stacked plays, scheduling sequential frac and completion crews per zone. Subcontractors should confirm which bench is active before mobilising, as each may have different well specs and timelines.

Megafab

Industry

A large-scale modular fabrication project where major facility components are built offsite and shipped for final assembly. For subcontractors, megafabs mean long-duration scopes, high crew volumes, and complex multi-trade coordination. Scheduling and mobilisation demands are typically intense.

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