Fuel Security

Oil with high viscosity and density, requiring specialised handling equipment and heat-assisted extraction methods. Field crews working heavy crude sites often face more demanding maintenance schedules and equipment wear. Subcontractors should factor in higher mobilisation and operational costs when tendering these projects.

A method operators use to value oil and gas reserves by discounting future cash flows at 10% annually. Higher NPV10 signals a healthier client who can fund long-term projects and honour contracts. Subcontractors can use it to gauge whether a prospect client's asset base justifies pursuing work with them.

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.

A well that is drilled vertically to a certain depth then curved to run horizontally through a target formation, requiring subcontractors to mobilise specialised equipment and crews for extended-reach drilling, completions, and stimulation work that typically involves more complex logistics and longer on-site durations than conventional vertical wells.

A large self-propelled machine that cuts, crushes, and loads material in a single pass without blasting. Subcontractors operating surface miners must hold specialised equipment certifications and follow strict site safety protocols. Common in oil sands and open-pit construction projects across Western Canada.

To identify and remove constraints limiting throughput or efficiency on a project or facility. For subcontractors, this often means mobilising additional crews or equipment to clear backlogs. Work is typically urgent and can command premium rates.

How Operator Mergers and Acquisitions Affect Your Subcontract Agreements

When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.

How Rig Count Trends Affect Subcontractor Demand and What to Do About It

Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.

What Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?

An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.