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Industry Glossary Term

Jackup

A mobile offshore drilling rig with retractable legs that jack down to the seabed, elevating the platform above water. Subcontractors mobilising to a jackup must account for offshore certification, marine logistics, and platform-specific access requirements.

Related Terms

Utility Reconstruction

Industry

The full replacement or rebuild of damaged underground services such as water, gas, or electrical lines. Subcontractors are often mobilised after excavation damage or infrastructure failure. Scope typically includes trenching, pipe installation, backfill, and surface restoration.

Tie-In

Industry

A tie-in is the physical connection of new pipeline or equipment to an existing operational system. For subcontractors, tie-in work often requires strict scheduling around shutdowns and may involve additional safety and permitting requirements. Scope changes during tie-ins can affect billing, so clear change-order terms are essential.

Exploratory Well

Industry

A well drilled in an unproven area to determine whether hydrocarbons are present, typically representing higher-risk, shorter-duration work for subcontractors with less certainty of follow-on contracts compared to development drilling programmes. Field service companies should account for the speculative nature of these projects when negotiating mobilisation costs and contract terms.

MWD (Measurement While Drilling)

Industry

A real-time data acquisition process used during directional drilling that transmits downhole measurements — such as wellbore trajectory, formation data, and tool orientation — to surface crews without interrupting operations. For subcontractors, MWD services represent a specialised scope of work requiring certified technicians and dedicated equipment, often billed as a separate line item on drilling contracts.

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.

Triplex Mud Pump

Industry

A three-cylinder reciprocating pump used on drilling rigs to circulate drilling fluid down the wellbore. Subcontractors are often hired to operate, maintain, or repair these high-pressure units. Reliable pump performance is critical — downtime directly impacts rig schedules and your contract standing.

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