STEO (Short-term Energy Outlook)

A standardised unit of energy measurement that converts different types of oil and gas production into equivalent barrels of crude oil, used by operators to report total production volumes when determining project scope and service requirements for subcontractors.

The segment of the oil and gas industry involved in processing, storing, and transporting oil, gas, and NGLs. Includes pipelines, gathering systems, and processing plants.

A facility where oil, gas, or LNG is transferred from pipelines or storage for shipment to buyers. Subcontractors are often mobilised here for maintenance, inspection, and commissioning work. Security clearances and site-specific safety certifications are typically required.

Provincial agencies in Canada that provide workplace injury insurance. Contractors must maintain WCB coverage and good standing to work on most sites.

Steel pipes used in drilling and well construction, including casing, tubing, and drill pipe. Subcontractors handling tubulars must follow strict inspection and handling procedures. Damage during your scope can result in costly liability claims.

A pressurised pipeline system that transports carbon dioxide, typically for carbon capture and storage (CCS) projects or enhanced oil recovery (EOR). Subcontractors may be engaged for construction, inspection, or maintenance under strict pressure and corrosion control requirements. Specialised welding certifications and material handling protocols are commonly required for this work.

How Operator Mergers and Acquisitions Affect Your Subcontract Agreements

When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.

How Rig Count Trends Affect Subcontractor Demand and What to Do About It

Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.

What Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?

An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.