A formal approval checkpoint where a project must meet defined criteria before work advances to the next stage. Subcontractors often cannot mobilise, invoice, or begin new scope until the client clears each gate. Delays at phase gates directly impact crew scheduling and cash flow.
Phase Gate
Related Terms
Storage Cushion
IndustryA reserve volume of gas kept in an underground storage facility to maintain pressure and operability. For subcontractors, it affects seasonal work demand and mobilisation schedules near storage sites. Operators draw on or inject gas depending on market conditions, driving fluctuating service needs.
Net Hydrocarbon Pay
IndustryThe 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.
Construction Manager At Risk
IndustryA delivery model where a construction manager guarantees a maximum project cost and takes on financial risk if it's exceeded. Subcontractors are hired by the CM, not the owner, making the CM your direct client and contract holder. Your scope, payments, and change orders all flow through the CM.
IEA (International Energy Agency)
IndustryAn intergovernmental organisation that publishes global energy outlooks and demand forecasts, which subcontractors and field service companies use to anticipate shifts in upstream and downstream activity levels that may affect project pipelines and contract opportunities.
LWD (Logging While Drilling)
IndustryA drilling technique that collects formation data in real time as the bit advances. Subcontractors providing LWD services operate specialised downhole tools that transmit data to surface during the drill run. Mobilisation windows are tight, so crews and equipment must be ready on short notice.
Tubular Management Services
IndustryThe tracking, inspection, storage, and handling of oilfield pipe and casing on behalf of operators or drilling contractors. Subcontractors providing these services manage inventory, thread protection, and condition reporting at wellsite or yard facilities. Scope often includes running tally sheets, third-party inspections, and coordinating pipe delivery to rig floor.
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