FieldNews
Subscribe

Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Gas-Directed Drilling

A drilling approach where well placement decisions are guided by real-time gas readings from formation data. Subcontractors should expect frequent operational pauses for data evaluation and possible scope changes. Mud logging and wellsite geology crews are typically in high demand on these programmes.

Related Terms

Takeaway Infrastructure

Industry

Pipelines, rail lines, and processing facilities that move product away from a well site or project area. Limited takeaway capacity can delay or shut down operations, directly affecting subcontractor schedules and utilisation. Always confirm takeaway status before committing crews and equipment to a project.

Netback

Industry

The revenue a producer receives per unit after deducting transportation, processing, and royalty costs. Subcontractors use it as a gauge of operator profitability and budget health. Rising netbacks often signal more field activity and stronger contract opportunities.

Booster Compressor

Industry

A secondary compressor used to increase gas pressure in pipelines or processing systems when inlet pressure is too low. Subcontractors are often hired to install, operate, or maintain these units on short-term field assignments. Rental and service contracts for booster compressors are common in late-life field operations.

ESP (Electric Submersible Pump)

Industry

A downhole pump system installed inside a wellbore to lift fluids to surface when natural reservoir pressure is insufficient. Subcontractors are commonly engaged for ESP installation, pulling, and maintenance work. Specialised lifting equipment and electrical certifications are typically required on these jobs.

TVD (True Vertical Depth)

Industry

The straight-line vertical distance from surface to a specific point in a wellbore, regardless of how the well is drilled — subcontractors working on directional or horizontal wells need to reference TVD (not measured depth) when scoping equipment reach, calculating hydrostatic pressures, or verifying work zone depths on service orders.

Frac Flowback

Industry

The phase after hydraulic fracturing when water, sand, and hydrocarbons flow back to surface from the wellbore. Subcontractors are often mobilised quickly to manage fluid handling, testing, and disposal. Flowback work can be short-duration but requires crews and equipment on standby.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project byAimsio