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Industry Glossary Term

Mobilization/Demobilization

The process of moving equipment and personnel to a job site (mobilization) and returning them afterward (demobilization). Often billed as separate line items.

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Related Terms

Drillship

Industry

A self-propelled vessel equipped with a drilling rig used for offshore exploration and production in deepwater locations, which subcontractors may be mobilised to for specialised services such as equipment maintenance, inspection, or crew support under strict offshore safety and logistical requirements.

Operator

Industry

The company that holds the rights to develop an oil and gas property and manages day-to-day operations. Operators hire subcontractors and service companies to perform various tasks.

Frontier Exploration

Industry

Exploration activity conducted in remote, undeveloped, or previously unworked regions where subcontractors can expect longer mobilisation lead times, higher logistical costs, and limited access to local supply chains or support infrastructure.

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.

Umbilicals, Risers, and Flowlines

Industry

Collectively referred to as URF, these are the subsea infrastructure components that connect wellheads to production facilities — umbilicals carry control fluids and signals, risers bring production to surface, and flowlines move product along the seabed — subcontractors are commonly engaged for their installation, inspection, maintenance, and integrity management work. Understanding the distinctions between these systems helps field crews accurately scope work orders, apply correct certifications, and bill against the right line items in offshore or subsea contracts.

Master Service Agreement (MSA)

Industry

A contract between an operator and a service company that establishes the general terms and conditions for all future work. Individual jobs are then executed under work orders or AFEs referencing the MSA.

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