Provincial agencies in Canada that provide workplace injury insurance. Contractors must maintain WCB coverage and good standing to work on most sites.
WCB (Workers' Compensation Board)
Related Terms
Horizontal Well
IndustryA 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.
Hot Shot
IndustryExpedited delivery service for equipment, parts, or materials to remote job sites. Often used for urgent oilfield deliveries.
Rig Count
IndustryThe number of drilling rigs actively operating in a region. Published weekly by Baker Hughes, the rig count is a leading indicator of activity levels in the oil and gas industry.
LNG (Liquefied Natural Gas)
IndustryNatural 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.
Subsea Tieback
IndustryA pipeline or flow line system that connects a new offshore wellhead or satellite field back to an existing production facility or platform, allowing operators to develop remote reserves without building standalone infrastructure. For subcontractors, tiebacks often involve specialised subsea installation, inspection, and maintenance scopes that require certified divers, ROV crews, or subsea engineering support.
EOR (Enhanced Oil Recovery)
IndustryA set of advanced extraction techniques—such as steam injection, chemical flooding, or CO2 injection—used to pull additional crude from mature or low-yield reservoirs, which drives demand for specialised field service crews, equipment operators, and maintenance contractors on long-term site assignments.
Latest Industry News
EIA Raises US Oil Production Forecast as WTI Price Outlook Jumps to $74
The EIA's March 2026 Short-Term Energy Outlook projects US crude production reaching 13.83 million boe/d in 2027, a 4% upward revision driven by sharply higher WTI price forecasts. Here's what that means for subcontractors pricing work and planning capacity.
20 hours ago IndustryPRIO's Wahoo Field in Brazil Reaches Commissioning Phase, First Oil Days Away
Brazilian operator PRIO has completed installation and received its operating license for the Wahoo field in the Campos basin, with first oil expected within days via a subsea tie-back to the FPSO Frade.
20 hours ago IndustrySenate Committee Advances Mullin's DHS Nomination in Narrow 8-7 Vote
The Senate Homeland Security and Governmental Affairs Committee voted 8-7 to advance Markwayne Mullin's nomination as DHS secretary, with a full Senate confirmation vote expected the week of March 23. Here's what a leadership change at DHS could mean for subcontractors.
20 hours ago IndustryTulsa Data Center Campus Decision Pushed to April After Planning Commission Delay
Tulsa's Planning Commission delayed a rezoning vote on the proposed Project Anthem data center campus, pushing a decision to April 1. City staff had already recommended denial of the 300-acre proposal.
20 hours agoStay sharp on field operations
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