An ownership stake in an oil and gas lease that obligates the holder to pay a share of exploration and production costs. For subcontractors, knowing who holds working interest helps identify who is ultimately responsible for approving work orders and invoices. Operators typically hold majority working interest and are your primary point of contract.
Working Interest
Related Terms
Tieback
IndustryA structural anchor or connection point used to secure equipment, pipelines, or wellheads back to an existing infrastructure system, commonly referenced in subcontractor scopes of work when connecting new installations to live or existing lines. Subcontractors should confirm tieback specifications and isolation procedures clearly in their contracts, as this work often involves elevated risk and may require additional certifications or permits.
Workover
IndustryOperations performed on an existing well to restore, maintain, or improve production. Includes activities like recompletions, artificial lift installation, and remedial cementing.
GWD (Getting Work Done)
IndustryA safety and compliance management system used by some operators to pre-qualify and manage contractors working on their sites.
Exploratory Well
IndustryA well drilled in an unproven area to determine whether hydrocarbons are present, typically representing higher-risk, shorter-duration work for subcontractors with less certainty of follow-on contracts compared to development drilling programmes. Field service companies should account for the speculative nature of these projects when negotiating mobilisation costs and contract terms.
Pneumatics
IndustrySystems that use compressed air or gas to power tools, actuators, and control valves on job sites. Subcontractors working with pneumatic equipment must ensure proper pressure ratings and fittings are maintained. Common in instrumentation, pipeline, and heavy construction scopes.
Frac Sand Hauling
IndustryThe trucking of proppant (silica sand) from storage terminals to active frac sites. Subcontractors operate on tight dispatch schedules to maintain continuous sand supply during pumping operations. Contracts often include standby rates for wait time at the wellsite.
Latest Industry News
Empire Petroleum Takes 25% Stake in Southwest Louisiana Three-Well Development Program
Tulsa-based Empire Petroleum is participating in a three-well oil and gas development program in Calcasieu Parish, Louisiana, holding a 25% working interest in the first well with completion operations set for April 2026.
17 days ago IndustryGran Tierra Partners with Ecopetrol on Colombia Fields, Signaling New Drilling Activity Near Acordionero
Gran Tierra Energy has signed a deal to acquire a 49% working interest in the Tisquirama block in Colombia's Middle Magdalena Valley, partnering with Ecopetrol to expand waterflood and drilling operations adjacent to its Acordionero field.
18 days ago IndustryBuccaneer Energy Expands East Texas Position with Carlisle-1 Well Acquisition
Buccaneer Energy acquired 100% working interest in the Carlisle-1 well in East Texas' Pine Mills field, boosting its planned waterflood unit stake to over 50%.
20 days ago IndustryInterior 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 agoStay sharp on field operations
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