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Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Geothermal Leasing

A government-issued agreement granting rights to develop heat energy from underground resources on a specific land parcel. For subcontractors, these leases define where drilling, piping, and surface work can legally occur. Active leases signal steady long-term project work, particularly in western Canada.

Related Terms

Well Pair

Industry

Two parallel horizontal wells — one injector, one producer — used together in SAGD (Steam Assisted Gravity Drainage) operations. Subcontractors are typically mobilised to service both wells as a single scope. Expect coordinated drilling, completions, and maintenance schedules across both wellbores.

IIJA (Infrastructure Investment and Jobs Act)

Industry

A major U.S. federal law passed in 2021 that funds roads, bridges, pipelines, and energy infrastructure projects. It drives significant contract opportunities for subcontractors in civil, pipeline, and utility work. Prevailing wage and Buy America requirements often apply, affecting labour costs and material sourcing.

Sand Management

Industry

The process of controlling, monitoring, and removing sand produced alongside oil and gas to protect wellbore equipment and surface facilities. Subcontractors may be hired to install sand screens, separators, or erosion monitoring systems. Poor sand management accelerates equipment wear and increases maintenance callouts.

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.

GWD (Getting Work Done)

Industry

A safety and compliance management system used by some operators to pre-qualify and manage contractors working on their sites.

Ip120 (initial Production 120-Day Rate)

Industry

The average daily production output of a new well over its first 120 days. Operators use this benchmark to schedule and extend field service contracts. Strong IP120 results often trigger follow-on work for completions and production crews.

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