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Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Walkover Locating

A method of tracking an underground drill head's position by walking the surface above it with a handheld receiver. The receiver picks up a signal from a transmitter housed in the drill head. Subcontractors use this to guide directional boring and confirm depth in real time.

Related Terms

Paid-Up Lease

Industry

A lease where all rental payments are made upfront, with no ongoing delay rentals required to keep it active. For subcontractors, this signals stable, long-term site access without mid-contract tenure disruptions. Work scopes on paid-up leases are less likely to be suspended due to expiry pressure.

LNG (Liquefied Natural Gas)

Industry

Natural gas cooled to -162°C to become liquid for easier transport and storage, creating specialized work opportunities for subcontractors in cryogenic equipment maintenance, pipeline construction, and terminal facilities that require specific safety certifications and cold-weather expertise.

Energy Transition

Industry

The global shift from fossil fuels toward renewables, hydrogen, and lower-emission energy sources. For subcontractors, it means new project types, updated certification requirements, and evolving client scopes. Diversifying skills into solar, wind, or carbon capture work helps firms stay competitive.

Drill-And-Blast

Industry

A ground excavation method where holes are drilled into rock, then loaded with explosives and detonated. Subcontractors on these scopes typically require certified blasters and strict compliance with provincial explosives regulations. Expect tight sequencing with other trades and potential site shutdowns during blast windows.

Lease Road

Industry

A temporary or permanent access road built to service an oil and gas lease or well site. Subcontractors are often responsible for maintaining or mobilising equipment over these roads. Road conditions directly affect trucking rates, equipment wear, and scheduling.

Horizontal Well

Industry

A well that is drilled vertically to a certain depth then curved to run horizontally through a target formation, requiring subcontractors to mobilise specialised equipment and crews for extended-reach drilling, completions, and stimulation work that typically involves more complex logistics and longer on-site durations than conventional vertical wells.

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