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Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Gas-Directed Rig Count

The number of drilling rigs actively targeting natural gas formations at a given time. A rising gas-directed rig count signals increased demand for field services and subcontractor crews. Tracking this metric helps you anticipate work volumes and mobilisation timelines in gas-heavy basins.

Related Terms

Mineral Estate

Industry

The legal ownership of subsurface resources like oil, gas, and minerals on a property. Subcontractors work under operators who hold mineral rights, so understanding this ownership structure clarifies who controls site access and project authorisation. Disputes over mineral estates can halt work orders without warning.

Early-Works

Industry

Preliminary site preparation activities awarded before a project's main contract is finalised. For subcontractors, this means mobilising early—often under a letter of intent—to handle clearing, grading, or utility work. Scope and payment terms can be limited, so review your agreement carefully before committing resources.

Acreage Position

Industry

The total land or mineral rights an operator holds for exploration or production. A large acreage position often signals sustained work programmes and long-term subcontractor demand. It helps field service companies forecast pipeline opportunities in a region.

COR (Certificate of Recognition)

Industry

A voluntary safety certification program in Canada that recognizes employers who have developed health and safety management systems that meet established standards. Required by many operators in Alberta and Western Canada.

Rig Count

Industry

The number of drilling rigs actively operating in a region. Published weekly by Baker Hughes, the rig count is a leading indicator of activity levels in the oil and gas industry.

Progressive Design-Build

Industry

A project delivery method where design and construction phases overlap, with the owner and contractor collaborating before scope is fully defined. Subcontractors are often brought on early, meaning scope, pricing, and schedules can shift as design matures. Contracts may be cost-reimbursable at first, then convert to fixed-price once scope is confirmed.

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