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IndustryGlossary Term

Retrieval System

A retrieval system is a method or tool used to recover equipment, tools, or materials from a wellbore or work site. Subcontractors may be responsible for operating or maintaining retrieval systems during fishing jobs or abandonments. Proper handling affects both project timelines and liability.

Related Terms

Forward Operating Location

Industry

A temporary staging base positioned close to active work sites, used to store equipment, house crews, and coordinate field operations. Subcontractors often mobilise from an FOL rather than returning to a main facility daily. This reduces travel time and keeps personnel and resources on standby near the job.

Alliance Construction Contract

Industry

A collaborative agreement where owners, contractors, and subcontractors share project risks and rewards under a no-blame framework. Subcontractors may receive performance bonuses but also absorb a portion of cost overruns. Transparency in costs and open-book accounting are typically required.

Data Mesh

Industry

A decentralised approach where different teams own and share their own operational data directly. For subcontractors, it means job site data—timesheets, inspection reports, equipment logs—flows more easily between your systems and the prime contractor's. Reduces bottlenecks caused by waiting on a single centralised IT team to manage data access.

Hydraulic Fracturing

Industry

A well stimulation process where fluid is pumped at high pressure to crack subsurface rock and release oil or gas. Subcontractors are commonly engaged for pump operations, fluid handling, and equipment transport during frac campaigns. Work is often fast-paced and shift-intensive, with strict site access and safety requirements.

Well Program

Industry

A technical document outlining the planned scope, procedures, and specifications for drilling or completing a well. Subcontractors use it to understand required services, equipment, and sequencing before mobilising. It directly affects how you scope work and price your bid.

Coal Bed Methane

Industry

CBM (Coal Bed Methane) is natural gas extracted from coal seams rather than conventional reservoirs. Field crews typically handle dewatering operations, pipeline tie-ins, and wellsite maintenance on CBM projects. Work is often spread across large numbers of shallow, closely spaced wells requiring frequent travel between sites.

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