FieldNews
Subscribe

Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Reinforcing Bar (rebar)

Steel bars embedded in concrete to add tensile strength in foundations, structures, and infrastructure builds. Subcontractors handling rebar must account for material costs, placement labour, and tie wire in their bids. Improper installation can trigger costly rework and inspection failures.

Related Terms

Heavy Crude

Industry

Oil with high viscosity and density, requiring specialised handling equipment and heat-assisted extraction methods. Field crews working heavy crude sites often face more demanding maintenance schedules and equipment wear. Subcontractors should factor in higher mobilisation and operational costs when tendering these projects.

Section 232 Tariffs

Industry

U.S. trade tariffs applied to imported steel and aluminium on national security grounds. For subcontractors, these tariffs raise material and equipment costs on cross-border projects. Budget carefully when quoting jobs that involve U.S.-sourced pipe, structural steel, or fabricated components.

Federal Lease Sale

Industry

A government auction where energy companies bid for rights to drill on federal lands or offshore blocks. Winning bids trigger exploration programmes, creating demand for subcontractors and field service crews. Monitor sale results to anticipate upcoming mobilisation opportunities in your region.

HRSG (Heat Recovery Steam Generator)

Industry

A large boiler unit that captures exhaust heat from gas turbines to produce steam for power generation. Subcontractors are commonly engaged for HRSG installation, maintenance, and inspection scopes. Work typically requires certified welders, boilermakers, and compliance with pressure vessel regulations.

Production Chemistries

Industry

Specialty chemicals injected into wells and pipelines to control corrosion, scale, paraffin, and hydrates during oil and gas production. Subcontractors handle storage, injection system maintenance, and chemical dosing as part of production operations contracts. Proper handling certifications and spill containment protocols are typically required on-site.

MCF (Thousand Cubic Feet)

Industry

Standard unit for measuring natural gas volumes, equal to 1,000 cubic feet. Subcontractors use MCF to interpret production targets, scope work, and align service pricing on gas well projects. Billing rates and throughput bonuses are often tied directly to MCF volumes.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project byAimsio