The segment of the oil and gas industry involved in exploration and production (E&P). Includes drilling, completions, and well operations.
Upstream
Related Terms
Legacy Well
IndustryAn older well built to outdated standards that may require specialised remediation, abandonment, or workover services. Subcontractors should expect non-standard equipment configurations and additional compliance requirements. Scope creep and unforeseen costs are common on legacy well projects.
Construction Manager At Risk
IndustryA delivery model where a construction manager guarantees a maximum project cost and takes on financial risk if it's exceeded. Subcontractors are hired by the CM, not the owner, making the CM your direct client and contract holder. Your scope, payments, and change orders all flow through the CM.
Operator
IndustryThe company that holds the rights to develop an oil and gas property and manages day-to-day operations. Operators hire subcontractors and service companies to perform various tasks.
Screening Circuit
IndustryA series of vibrating screens used on-site to separate solids by size from drilling fluids or aggregates. Subcontractors operating or maintaining this equipment must track run-hours carefully for service billing. Screen cloth replacement is a common scope item in solids-control contracts.
WCB (Workers' Compensation Board)
IndustryProvincial agencies in Canada that provide workplace injury insurance. Contractors must maintain WCB coverage and good standing to work on most sites.
Gas-Directed Rig Count
IndustryThe number of drilling rigs actively targeting natural gas formations at a given time. A rising gas-directed rig count signals increased demand for field services and subcontractor crews. Tracking this metric helps you anticipate work volumes and mobilisation timelines in gas-heavy basins.
Latest Industry News
Texas Upstream Jobs Grow in June as Oilfield Services Hiring Offsets E&P Losses
TIPRO reports Texas added 400 upstream oil and gas jobs in June, driven by oilfield services hiring, while record production tax collections signal continued activity despite rising material costs.
26 days agoIndustryTexas Upstream Sector Added 1,800 Jobs in March, Job Postings Surge 7%
Texas upstream employment grew by 1,800 jobs between February and March 2026, with support activities leading gains and job postings rising 7% month-over-month, according to TIPRO data.
3 months agoIndustryShell's $13.6 Billion Bet on Montney Shale Signals Major Upstream Cycle for Western Canada
Shell plc has agreed to acquire ARC Resources in a deal valued at approximately $13.6 billion, marking one of the largest upstream consolidations in Canadian shale history and pointing to a significant spending cycle ahead for Western Canada field service companies.
3 months agoIndustryTexas Upstream Sector Shed 900 Jobs in Early 2026, but Hiring Signals Remain Mixed
Texas upstream employment fell by 900 jobs between January and February 2026, according to TIPRO, with support activities taking the hardest hit. Here's what the data means for Permian and Eagle Ford subcontractors watching their forward workload.
3 months agoRelated Guides
How Operator Mergers and Acquisitions Affect Your Subcontract Agreements
When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.
Industry GuideHow Rig Count Trends Affect Subcontractor Demand and What to Do About It
Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.
Industry GuideWhat Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?
An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.
Stay sharp on field operations
Industry news and insights, delivered to your inbox.
Subscribe to FieldNews
