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IndustryGlossary Term

TVD (True Vertical Depth)

The straight-line vertical distance from surface to a specific point in a wellbore, regardless of how the well is drilled — subcontractors working on directional or horizontal wells need to reference TVD (not measured depth) when scoping equipment reach, calculating hydrostatic pressures, or verifying work zone depths on service orders.

Related Terms

Dry Gas

Industry

Natural gas composed almost entirely of methane, with minimal liquid hydrocarbons. Subcontractors working dry gas sites face simpler handling requirements but often leaner margins than wet gas projects. Expect lighter equipment specs and fewer fluid management scopes.

SSC (Sulfide Stress Cracking)

Industry

A form of metal cracking caused by hydrogen sulphide (H₂S) exposure under stress, common in sour gas environments. Subcontractors must use SSC-resistant materials and equipment rated for sour service on these sites. Non-compliant tools or components can fail catastrophically, creating serious liability and safety risks.

Nearshore Abandonment

Industry

The decommissioning of wells, pipelines, or infrastructure located in shallow coastal waters. Subcontractors typically handle diving operations, cutting, capping, and seabed remediation work. Regulatory requirements are strict, so current certifications and environmental compliance documentation are essential before mobilising.

Pre-Feed (pre-Front End Engineering and Design)

Industry

An early project phase where owners assess technical and commercial feasibility before committing to full design. For subcontractors, it signals potential future scope but rarely includes direct field work. Winning study contracts at this stage can position your company for larger awards later.

Fixed Equipment Integrity

Industry

The ongoing assessment and maintenance of stationary assets like pressure vessels, piping, and heat exchangers to ensure safe operation. Subcontractors are often hired to perform inspections, repairs, and fitness-for-service evaluations on this equipment. Work must align with owner specifications and regulatory standards such as those set by the Alberta Boilers Safety Association.

Letter of Interest

Industry

A formal document a subcontractor submits to a prime contractor or operator to express intent to bid on upcoming work. It is not a binding commitment, but helps secure a spot in the tender process. Common in pre-qualification stages for large oilfield or construction scopes.

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