Stock Hole

Tax-exempt bonds issued by governments to finance private infrastructure projects like pipelines or terminals. Subcontractors may work on bond-funded projects, which often carry strict procurement and reporting requirements. Understanding this can affect how you bid and invoice on qualifying jobs.

The final phase of connecting a well or facility to live production infrastructure, including pipelines, separators, and metering equipment. For subcontractors, it typically means intensive, time-sensitive scope with strict sequencing requirements. Delays can trigger penalties, making accurate scheduling and crew readiness critical.

A budgeting document used in oil and gas projects that outlines expected costs and seeks approval before work begins. Subcontractors often work under AFEs issued by operators.

A ground excavation method where holes are drilled into rock, then loaded with explosives and detonated. Subcontractors on these scopes typically require certified blasters and strict compliance with provincial explosives regulations. Expect tight sequencing with other trades and potential site shutdowns during blast windows.

A formal directive from a prime contractor or operator to halt work on a project temporarily. Subcontractors must stop billable activities but may still incur standby costs. Review your contract carefully, as suspension terms affect demobilisation, remobilisation, and delay compensation.

The planned underground route a drill bit follows during horizontal directional drilling (HDD). Subcontractors use bore path data to plan equipment placement, crew positioning, and utility clearances. Deviations from the bore path can trigger rework costs and schedule delays.

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.