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IndustryGlossary Term

Triple Drilling Rig

A large land rig capable of drilling deep wells, typically over 5,000 metres. It requires specialised subcontractors and larger crews than smaller single or double rigs. Expect higher equipment and certification requirements when bidding on triple rig projects.

Related Terms

Liquefaction Facility

Industry

A plant that cools natural gas to -162°C, converting it into LNG (Liquefied Natural Gas) for storage and transport. Subcontractors are commonly engaged for construction, maintenance, and instrumentation work at these sites. Expect strict safety certifications and specialised cryogenic equipment handling requirements.

Lateral Length

Industry

The horizontal distance drilled from the kickoff point to the end of a wellbore, typically measured in metres. Longer laterals mean more stages, more equipment, and extended crew time on location. Subcontractors should factor lateral length into job costing and resource planning.

Production Chemistries

Industry

Specialty chemicals injected into wells and pipelines to control corrosion, scale, paraffin, and hydrates during oil and gas production. Subcontractors handle storage, injection system maintenance, and chemical dosing as part of production operations contracts. Proper handling certifications and spill containment protocols are typically required on-site.

Strait of Hormuz

Industry

A critical shipping chokepoint between Oman and Iran controlling roughly 20% of global oil flow. Disruptions here can spike material costs and delay equipment deliveries for subcontractors. Budget contingencies and procurement timelines should account for geopolitical risk in this corridor.

Trenchless Technology

Industry

Methods for installing or repairing underground pipelines and conduits without open-cut excavation. Common techniques include HDD (Horizontal Directional Drilling) and pipe bursting. Subcontractors specialising in these methods often command premium rates due to reduced surface disruption and specialised equipment requirements.

Run Schedule

Industry

A timeline that outlines when specific tools, equipment, or crews are deployed downhole or on-site during an operation, dictating when a subcontractor's services are required and for how long. For field service companies, the run schedule directly determines mobilisation timing, crew rotations, and invoiceable hours on location.

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