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Industry Glossary Term

SRP (Sucker Rod Pump)

A downhole artificial lift system that uses surface-driven rods to pump oil from low-pressure wells. Subcontractors are frequently called in for rod pulling, pump teardowns, and wellsite servicing work. Reliable SRP maintenance contracts can provide steady, recurring revenue for oilfield service companies.

Related Terms

Brownfield Site

Industry

An existing facility or infrastructure that is being modified, expanded, or recommissioned rather than built from scratch. Subcontractors should expect tighter work windows, live-equipment hazards, and strict permit-to-work requirements. Scheduling and coordination with ongoing operations are critical on brownfield projects.

Prime Contract

Industry

The main agreement between an owner (operator or developer) and the general contractor managing a project. As a subcontractor, you work under this contract without being party to it. Its terms often flow down and directly affect your scope, schedule, and payment conditions.

Task Order

Industry

A formal document issued under a master contract that authorises a specific scope of work, timeline, and budget. Subcontractors use task orders to mobilise crews and bill for individual job phases. Each task order typically carries its own number for invoicing and cost-tracking purposes.

Mine Reclamation

Industry

The regulated process of restoring a mine site to an environmentally acceptable condition after operations cease. For subcontractors, it generates specialised scopes including grading, revegetation, and water treatment work. Reclamation projects often extend years beyond mine closure, providing longer-term contract opportunities.

BPD (Barrels Per Day)

Industry

A measure of a well's or facility's daily oil output. Higher BPD typically means greater activity levels, more crews on site, and increased service demand. Subcontractors often see scope and call-out frequency tied directly to a client's BPD targets.

SAGD (Steam Assisted Gravity Drainage)

Industry

A heavy oil extraction method using paired horizontal wells where steam is injected into the upper well to heat bitumen, allowing it to drain by gravity to the lower production well. Creates specialized maintenance and service opportunities for subcontractors in steam generation equipment, wellhead systems, and pipeline infrastructure at oil sands operations.

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