Henry Hub

A standardised production metric that converts all hydrocarbons—oil, gas, and NGLs—into a single daily output figure. Operators use BOED to size contracts and scope field service requirements. Higher BOED rates typically mean larger crew needs, more equipment, and increased service volumes for subcontractors.

A well-site service that monitors drilling fluid returns to detect hydrocarbons and analyse formation data in real time. Subcontractors provide specialised technicians and instrumentation units for this work. It is commonly scoped as a standalone package within a drilling contract.

A non-destructive field technique used to examine the microstructure of in-service metal components without removing them. Technicians apply a softened acetate film to a polished surface, then analyse the hardened impression under a microscope. Subcontractors use it to assess weld integrity, creep damage, or material degradation on piping and pressure vessels.

A pipeline or flow line system that connects a new offshore wellhead or satellite field back to an existing production facility or platform, allowing operators to develop remote reserves without building standalone infrastructure. For subcontractors, tiebacks often involve specialised subsea installation, inspection, and maintenance scopes that require certified divers, ROV crews, or subsea engineering support.

A broad sector covering technical services and equipment used in oil & gas, power, and industrial facilities. Subcontractors in this space typically provide specialised labour, maintenance, and installation work. Contracts often require trades certification and site-specific safety compliance.

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.

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.