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Industry Glossary Term

WCB (Workers' Compensation Board)

Provincial agencies in Canada that provide workplace injury insurance. Contractors must maintain WCB coverage and good standing to work on most sites.

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Related Terms

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.

Hot Shot

Industry

Expedited delivery service for equipment, parts, or materials to remote job sites. Often used for urgent oilfield deliveries.

Rig Count

Industry

The 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)

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.

Subsea Tieback

Industry

A 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)

Industry

A 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.

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