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Industry Glossary Term

VRU (Vapour Recovery Unit)

A compression system that captures hydrocarbon vapours from storage tanks or production equipment instead of venting them. Subcontractors are often hired to install, maintain, or service VRUs to meet emissions regulations. Familiarity with VRU work is increasingly required on oil and gas production sites.

Related Terms

MCF (Thousand Cubic Feet)

Industry

Standard unit for measuring natural gas volumes, equal to 1,000 cubic feet. Subcontractors use MCF to interpret production targets, scope work, and align service pricing on gas well projects. Billing rates and throughput bonuses are often tied directly to MCF volumes.

Bladder Tank

Industry

A collapsible, flexible fluid storage container used on job sites to hold fuel, water, or chemicals. Subcontractors often mobilise them where permanent tanks aren't practical. They're common on remote oil and gas and construction sites.

Processing Capacity

Industry

The maximum volume of oil, gas, or fluids a facility can handle within a given timeframe. For subcontractors, it determines the pace and scale of your scope of work on site. Exceeding this limit causes bottlenecks that can delay schedules and trigger penalties.

DEF (Diesel Exhaust Fluid)

Industry

A urea-based solution injected into diesel exhaust systems to reduce harmful emissions on Tier 4 equipment. Subcontractors must keep adequate DEF on-site, as running out triggers engine derate or shutdown. Factor DEF supply and storage into your remote site logistics planning.

Ip Rate (initial Production Rate)

Industry

The IP Rate measures a well's output immediately after it comes online, typically in barrels or mcf per day. Operators use it to assess well performance, which directly affects how quickly field service contracts ramp up or wind down. A strong IP Rate often signals sustained work volume for subcontractors on site.

Schedule Compliance

Industry

A measure of how consistently a subcontractor completes work within the agreed timeline. Low compliance can trigger penalties, delay progress payments, or affect contract renewal. Tracking it helps field crews identify where mobilisation or scope changes are causing slippage.

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