FieldNews
Subscribe

Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Reamer

A downhole tool that enlarges or stabilises a borehole during drilling operations. Subcontractors supplying or operating reamers must ensure proper tool specifications match formation conditions. Rental and mobilisation costs are typically scoped into the drilling services contract.

Related Terms

Modular Camp

Industry

A prefabricated, relocatable accommodation facility used to house workers on remote oil & gas or construction sites. Units are shipped and assembled on-site, then dismantled when the project ends. Subcontractors may bill camp costs separately or include them in their overall project pricing.

Secondary Stress

Industry

Indirect mechanical stress that develops in structures or piping due to thermal expansion, settlement, or equipment movement. Unlike primary stress, it isn't caused by direct applied loads. Subcontractors must account for it during installation and inspection to avoid material fatigue and warranty disputes.

Natural Hydrogen

Industry

Hydrogen gas that occurs naturally underground, now being explored as a clean energy source. Subcontractors may encounter exploration and drilling projects targeting natural hydrogen deposits. It is an emerging sector creating new field service opportunities across Canada.

MOU (Memorandum of Understanding)

Industry

A non-binding agreement outlining the intent to work together before a formal contract is signed. Subcontractors use MOUs to secure preferred vendor status or reserve capacity for upcoming projects. They carry no payment guarantee, so avoid mobilising resources based solely on an MOU.

Deferred Maintenance

Industry

Upkeep or repair work that has been postponed by an asset owner due to budget constraints or scheduling conflicts. For subcontractors, deferred maintenance often triggers urgent, high-volume scopes when work is finally released. Expect compressed timelines, ageing equipment, and increased safety hazards on these jobs.

Capital Program

Industry

A planned set of major construction or infrastructure projects approved by an owner or operator for a defined period. For subcontractors, it signals sustained work volumes and long-term contracting opportunities. Aligning your capacity with a client's capital program can anchor your pipeline for months or years.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project byAimsio