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Industry Glossary Term

Well Testing

A series of controlled flow and pressure measurements performed on a newly drilled or existing well to evaluate its production potential and reservoir characteristics; for subcontractors, this work often involves deploying and operating specialised equipment such as separators, flowback units, and data acquisition systems under tightly scheduled, high-priority conditions.

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Related Terms

Midstream

Industry

The segment of the oil and gas industry involved in processing, storing, and transporting oil, gas, and NGLs. Includes pipelines, gathering systems, and processing plants.

Field Ticket

Industry

A document created in the field that records work performed, equipment used, materials consumed, and time spent. Field tickets are the basis for invoicing and must typically be approved by the customer before payment.

JV (Joint Venture)

Industry

A formal business arrangement where two or more companies partner to pursue a specific project or contract, which can affect subcontractors by changing who issues purchase orders, approves invoices, or holds liability on site. Field service companies should confirm early which JV partner is the contracting entity to avoid payment delays or scope disputes.

Subcontractor

Industry

A company hired by a general contractor or directly by an operator to perform a specific portion of work. Subcontractors often specialize in particular services or trades.

COR (Certificate of Recognition)

Industry

A voluntary safety certification program in Canada that recognizes employers who have developed health and safety management systems that meet established standards. Required by many operators in Alberta and Western Canada.

Pressure Pumping

Industry

A well stimulation service involving the high-pressure injection of fluids — such as fracturing fluid, cement, or acid — into a wellbore to improve production or complete the well; for subcontractors, it represents a specialised, equipment-intensive scope of work that typically requires certified operators, dedicated pump trucks, and close coordination with the primary operator on site.

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