A government-funded initiative to plug and abandon orphaned oil and gas wells with no responsible operator. Subcontractors are hired directly by state agencies to perform well abandonment, site reclamation, and compliance work. SMP contracts can offer steady workflow but often involve strict reporting requirements and government procurement processes.
State Managed Plugging Program (smp)
Related Terms
Export Authorization
ComplianceA government-issued permit allowing equipment, technology, or services to be delivered across international borders. Subcontractors must secure this before mobilising tools or personnel to foreign project sites. Missing authorisation can halt operations and trigger costly delays.
EPRI (Electric Power Research Institute)
ComplianceA U.S.-based non-profit that develops technical standards and research for the electric power industry. Subcontractors working on utility or power infrastructure projects may need to follow EPRI guidelines for equipment and installations. Their published standards can affect inspection, testing, and compliance requirements on job sites.
RIGI (Régimen De Incentivo Para Grandes Inversiones)
ComplianceArgentina's large-investment incentive regime offering tax, customs, and currency stability benefits to qualifying mega-projects over USD $200 million. Subcontractors working under RIGI-registered operators may benefit from faster payment cycles and reduced import duties on equipment. Understanding RIGI status helps field service companies anticipate project timelines and negotiate contract terms.
Chain-Of-Custody
ComplianceA documented record tracking who handled materials, samples, or equipment at every stage of a job. Subcontractors must maintain this trail to prove proper handling and avoid liability disputes. It is commonly required for soil samples, hazardous materials, and serialised equipment.
CUI (Controlled Unclassified Information)
ComplianceSensitive government or client data that requires protection but is not classified as secret. Subcontractors handling site plans, personnel records, or project specs may be legally required to safeguard CUI. Mishandling it can result in contract termination or regulatory penalties.
Greenhouse Gas Inventory
ComplianceA documented record of all GHG (Greenhouse Gas) emissions generated by your operations, including equipment, vehicles, and fuel use. Prime contractors increasingly require subcontractors to submit one for project bids. Accurate tracking helps avoid compliance penalties and supports contract eligibility.
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