A pre-drilled or existing borehole kept in reserve for future use on a wellsite. Subcontractors may be mobilised to maintain or re-enter stock holes with little advance notice. Knowing a site has stock holes helps crews plan equipment and standby requirements.
Stock Hole
Related Terms
3d Seismic Reprocessing
IndustryThe computational reworking of existing 3D seismic survey data to improve subsurface imaging using updated algorithms. For subcontractors, it signals potential new data acquisition contracts as operators reassess drilling targets. It rarely requires field crews but can trigger follow-up geophysical or drilling programmes.
Solvent Extraction
IndustryA chemical separation process used in oil sands and refining operations to isolate valuable substances from raw material. Field crews may support solvent handling, containment, and equipment maintenance during extraction cycles. Subcontractors working on these sites typically require specialised chemical safety training and PPE compliance.
Topside Fabrication
IndustryThe construction and assembly of the above-water structures on offshore platforms, including decks, modules, and processing equipment, where subcontractors are typically engaged for specialised trades such as structural welding, pipefitting, electrical, and instrumentation work. For field service companies, topside scopes often involve strict offshore safety certifications, remote logistics, and milestone-based billing tied to fabrication progress.
Gathering System
IndustryA network of pipelines, compressors, and facilities that collect hydrocarbons from wellheads and move them to processing points. Subcontractors frequently support construction, inspection, and maintenance work across these systems. Scopes can span remote multi-well pads, requiring strong logistics and crew coordination.
Near-Field Exploration
IndustryExploration activity targeting new reserves close to existing producing infrastructure. For subcontractors, it often means faster mobilisation and shorter campaigns using established site access. Expect work scopes similar to existing nearby operations, with familiar equipment and logistics.
2c Resources
IndustryThe middle estimate of contingent petroleum resources that are discovered but not yet approved for development. For subcontractors, 2C resource announcements often signal future project opportunities that are not yet fully funded. Bid opportunities tied to 2C resources carry higher uncertainty and may shift significantly before contracts are awarded.
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