The maximum depth reached by a drilling rig during well construction, measured from the surface to the bottom of the wellbore. For subcontractors, TD determines project scope, equipment requirements, and billing milestones as it marks the completion of the drilling phase.
TD (Total Depth)
Related Terms
BHA (Bottom Hole Assembly)
IndustryThe collection of drilling tools and equipment at the bottom of the drill string, including the drill bit, drill collars, stabilizers, and downhole motors. For drilling subcontractors, BHA configuration directly impacts drilling performance, tool wear rates, and operational efficiency.
Midstream
IndustryThe segment of the oil and gas industry involved in processing, storing, and transporting oil, gas, and NGLs. Includes pipelines, gathering systems, and processing plants.
Flowback
IndustryThe initial release of fluids, sand, and gases from a wellbore after hydraulic fracturing, which requires specialised crews and equipment on-site to manage, separate, and dispose of the returned materials safely. For field service subcontractors, flowback operations represent a distinct scope of work with dedicated mobilisation requirements and often involve tight scheduling windows tied to the operator's completion timeline.
JV (Joint Venture)
IndustryA formal business arrangement where two or more companies partner to pursue a specific project or contract, which can affect subcontractors by changing who issues purchase orders, approves invoices, or holds liability on site. Field service companies should confirm early which JV partner is the contracting entity to avoid payment delays or scope disputes.
Subcontractor
IndustryA company hired by a general contractor or directly by an operator to perform a specific portion of work. Subcontractors often specialize in particular services or trades.
IMR (Inspection, Maintenance, and Repair)
IndustryA category of ongoing field service work covering routine inspections, preventive maintenance, and corrective repairs on infrastructure or equipment, often awarded to subcontractors through standing agreements or blanket contracts. For field service companies, IMR scopes provide a reliable stream of recurring work but typically require crews to mobilise quickly and hold multiple trade certifications to meet operator requirements.
Latest Industry News
EIA Raises US Oil Production Forecast as WTI Price Outlook Jumps to $74
The EIA's March 2026 Short-Term Energy Outlook projects US crude production reaching 13.83 million boe/d in 2027, a 4% upward revision driven by sharply higher WTI price forecasts. Here's what that means for subcontractors pricing work and planning capacity.
20 hours ago IndustryPRIO's Wahoo Field in Brazil Reaches Commissioning Phase, First Oil Days Away
Brazilian operator PRIO has completed installation and received its operating license for the Wahoo field in the Campos basin, with first oil expected within days via a subsea tie-back to the FPSO Frade.
20 hours ago IndustrySenate Committee Advances Mullin's DHS Nomination in Narrow 8-7 Vote
The Senate Homeland Security and Governmental Affairs Committee voted 8-7 to advance Markwayne Mullin's nomination as DHS secretary, with a full Senate confirmation vote expected the week of March 23. Here's what a leadership change at DHS could mean for subcontractors.
20 hours ago IndustryTulsa Data Center Campus Decision Pushed to April After Planning Commission Delay
Tulsa's Planning Commission delayed a rezoning vote on the proposed Project Anthem data center campus, pushing a decision to April 1. City staff had already recommended denial of the 300-acre proposal.
20 hours agoStay sharp on field operations
Industry news and insights, delivered to your inbox.
Subscribe to FieldNews