Npv10 (net Present Value At 10% Discount Rate)

The detailed engineering phase before a project is sanctioned for full construction. For subcontractors, FEED signals that scopes, specs, and vendor lists are being finalised. Winning work during FEED often positions your company for contracts in the execution phase.

A high-voltage power line that moves electricity over long distances between generation sources and distribution networks. Subcontractors often support transmission line projects through clearing, trenching, tower erection, and right-of-way maintenance work.

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.

The thickness of a reservoir zone that actually contains producible oil or gas. Operators use this measurement to justify well completions and production decisions. Higher net pay typically drives more field service activity, from perforating to stimulation work.

Well stimulation refers to treatments like hydraulic fracturing or acid jobs that improve reservoir flow. Subcontractors often mobilise for short, intensive campaigns requiring specialised crews and equipment. Scope changes and standby time are common, so clear contract terms matter.

Technology that lets off-site engineers or clients view live site conditions, equipment data, or progress through cameras and sensors. Subcontractors use it to reduce costly site visits and support faster decision-making. It also creates a visual record that can support billing milestones or dispute resolution.

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.