A technical document outlining the planned scope, procedures, and specifications for drilling or completing a well. Subcontractors use it to understand required services, equipment, and sequencing before mobilising. It directly affects how you scope work and price your bid.
Industry Glossary Term
Well Program
Related Terms
IEA (International Energy Agency)
IndustryAn intergovernmental organisation that publishes global energy outlooks and demand forecasts, which subcontractors and field service companies use to anticipate shifts in upstream and downstream activity levels that may affect project pipelines and contract opportunities.
MCF (Thousand Cubic Feet)
IndustryStandard 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.
Pumping Station
IndustryA facility that moves oil, gas, or water through a pipeline using mechanical pumps. Subcontractors are frequently mobilised here for maintenance, inspection, and equipment upgrades. Work scope often includes rotating equipment, instrumentation, and civil trades.
Co2 Pipeline
IndustryA pressurised pipeline system that transports carbon dioxide, typically for carbon capture and storage (CCS) projects or enhanced oil recovery (EOR). Subcontractors may be engaged for construction, inspection, or maintenance under strict pressure and corrosion control requirements. Specialised welding certifications and material handling protocols are commonly required for this work.
FID (Final Investment Decision)
IndustryThe point when a project owner formally approves funding and commits to proceeding with a major project. For subcontractors, FID is the trigger that converts preliminary work into confirmed scopes and purchase orders. Mobilisation planning, crew hiring, and equipment sourcing typically begin after FID is announced.
Production Liner
IndustryA casing string run inside an existing wellbore to line the productive zone without extending to surface. Subcontractors are often mobilised for liner running, cementing, and pressure testing during completion operations. Work is typically time-sensitive and tied to rig-day rates.
Latest Industry News
Industry
Interior Department to Merge BOEM and BSEE Into Single Offshore Agency
The Trump administration announced plans to reunite two offshore drilling oversight agencies that were split after the 2010 Deepwater Horizon spill, creating a new Marine Minerals Administration. Here's what that means for Gulf Coast and offshore subcontractors.
13 hours ago IndustryTrump Administration Opens Federal Wilderness to Oil and Gas Drilling
The Trump administration is moving to open previously protected wilderness areas to energy development, a shift that could generate significant new drilling activity and field work across the US.
13 hours ago Industry$4.4B Brent Spence Bridge Enters Active Construction Phase in 2026
The long-awaited Brent Spence Bridge Corridor project is moving into active construction this spring, with barge, crane, and foundation work opening real subcontract opportunities for heavy civil and marine contractors.
yesterday IndustryCanadian Heavy Crude Flows Shift South Through the Rockies, Creating Pipeline Activity Along the Way
More Canadian heavy crude is moving south through Rocky Mountain pipeline corridors toward the Gulf Coast, a flow shift that signals potential maintenance and throughput work for field service companies in Colorado, Wyoming, and New Mexico.
yesterdayStay sharp on field operations
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