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IndustryGlossary Term

Workover

Operations performed on an existing well to restore, maintain, or improve production. Includes activities like recompletions, artificial lift installation, and remedial cementing.

Related Terms

Gas Sales Precedent Agreement

Industry

A conditional agreement between a producer and gas buyer that must be satisfied before a project moves to full development. For subcontractors, it signals that major field mobilisation and long-term work commitments depend on this deal closing. Delays or failed negotiations can stall contracts, procurement, and crew deployment.

Oil-Directed Drilling

Industry

A drilling programme targeting oil reservoirs rather than natural gas. Subcontractors can expect higher rig activity and longer campaign durations in regions where oil prices justify development. Demand for completions, fluid hauling, and wellsite services typically rises during oil-directed cycles.

Call for Interest

Industry

A formal notice from an operator or prime contractor inviting subcontractors to express interest in upcoming work. It is not a binding tender but helps owners build a qualified vendor list. Responding early can position your company for the actual bid process.

Viaduct

Industry

A long elevated bridge structure carrying roads or pipelines over valleys, water, or rough terrain. Subcontractors working near viaducts must account for access restrictions and specialised rigging requirements. Inspection and maintenance contracts on viaducts often require working-at-heights certification.

Solvent Extraction

Industry

A chemical separation process used in oil sands and refining operations to isolate valuable substances from raw material. Field crews may support solvent handling, containment, and equipment maintenance during extraction cycles. Subcontractors working on these sites typically require specialised chemical safety training and PPE compliance.

Acreage

Industry

A block of land held under lease by an operator for exploration or production activity. For subcontractors, active acreage signals where drilling, completions, or facility work is likely to be awarded. Larger acreage positions often mean longer-term, repeat work opportunities in a region.

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