Value Stream Mapping

A closed electrochemical loop where metal loss occurs between anodic and cathodic areas on a structure. Subcontractors performing inspection or coating work must identify and document active circuits to meet integrity requirements. Unreported corrosion circuits can trigger liability issues and scope disputes on site.

Structures used to drill for oil and gas, either onshore or offshore. For subcontractors, they are primary worksites where specialised services like maintenance, inspection, and equipment supply are contracted. Mobilisation requirements, safety certifications, and site access protocols vary significantly between rig types.

The phase of oil and gas well development after drilling is finished, encompassing the work required to prepare a well for production — including perforating, fracturing, and installing wellhead equipment. For subcontractors, completions represent a concentrated burst of high-demand field work where specialised crews, equipment, and services are mobilised under tight timelines.

The full sequence of a well's existence, from drilling and completion through production and eventual abandonment. For subcontractors, each phase represents distinct scopes of work, crew requirements, and contract opportunities. Understanding the lifecycle helps you anticipate project transitions and position for follow-on work.

The middle estimate of contingent petroleum resources that are discovered but not yet approved for development. For subcontractors, 2C resource announcements often signal future project opportunities that are not yet fully funded. Bid opportunities tied to 2C resources carry higher uncertainty and may shift significantly before contracts are awarded.

A rotary pump used in oil and gas production to lift heavy or viscous fluids from wellbores. Subcontractors are frequently hired for PCP installation, maintenance, and rod-string servicing. Familiarity with drive heads, stators, and rotors is essential for field technicians working these jobs.

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.

How 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.

What 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.