A designated location where materials, parts, or equipment are staged for quick deployment to active job sites. Subcontractors often draw inventory from a client's stockpoint rather than sourcing independently. Knowing stockpoint locations reduces mobilisation delays and simplifies cost tracking.
Industry Glossary Term
Stockpoint
Related Terms
Well Program
IndustryA technical document outlining the planned scope, procedures, and specifications for drilling or completing a well. Subcontractors use it to understand required services, equipment, and sequencing before mobilising. It directly affects how you scope work and price your bid.
Secondary Stress
IndustryIndirect mechanical stress that develops in structures or piping due to thermal expansion, settlement, or equipment movement. Unlike primary stress, it isn't caused by direct applied loads. Subcontractors must account for it during installation and inspection to avoid material fatigue and warranty disputes.
Bakken Play
IndustryA major tight-oil producing region spanning North Dakota, Montana, and southern Saskatchewan and Manitoba. Subcontractors working here should expect high-volume horizontal drilling and multi-stage fracturing scopes. Seasonal road bans and remote logistics significantly impact crew mobilisation and equipment scheduling.
Leasehold
IndustryLand or mineral rights an operator has legally secured through a lease agreement with the landowner or Crown. Subcontractors typically work within leasehold boundaries, so access, permitting, and site rules are set by the operator holding the lease. Understanding leasehold limits helps crews avoid trespassing on adjacent unlicensed areas.
Oilsands
IndustryBitumen-rich deposits in northern Alberta requiring large-scale extraction and upgrading operations. For subcontractors, oilsands projects involve extended scopes, remote site conditions, and strict client safety programmes. Work is typically tied to major operators like Suncor, CNRL, or Imperial Oil.
CSG (Casing)
IndustrySteel pipe installed in a wellbore to provide structural integrity and prevent contamination between different geological formations, requiring specialized installation and cementing services that subcontractors frequently provide during drilling operations.
Latest Industry News
Industry
Drilling Mud Direct Lands Broadwater Capital Partnership to Grow HDD Supply Network
Colorado-based Drilling Mud Direct has secured financing from Broadwater Capital to expand its stockpoint network and distribution capabilities across the US, a move that signals continued confidence in HDD and civil construction demand.
2 days ago IndustryCanadian Pipeline Confidence Drops to 46% as Federal Review Timeline Remains Uncertain
A new ATB Cormark Capital Markets survey shows industry support for a national interest pipeline designation is sliding, with implications for Western Canada energy services contractors planning 2026-2027 workloads.
21 hours ago IndustryRystad Energy Puts Middle East Energy Infrastructure Repair Bill at Up to $58B
Rystad Energy estimates war damage to Middle East oil and gas infrastructure could require up to $58 billion in repairs, with Iran and Qatar bearing the heaviest losses. The scale of destruction signals long-term demand for pipeline, inspection, and integrity services.
21 hours ago IndustryTrump Signs Pipeline Permits for Bakken and Enbridge Facilities on US-Canada Border
President Trump issued several presidential permits covering new construction and existing operations for crude oil and petroleum product pipelines crossing the US-Canada border, with work centered in North Dakota and Michigan.
21 hours agoStay sharp on field operations
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