Well Drilling Project Management (1)

Incentivizing service companies the right way?

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Well Drilling Project Management

access_time 03.12.2020
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Are there any contracting approaches that can be used for integrated drilling services (DD/Mud/Cement/WL) to incentivize the service company to innovate, remove waste and perform more efficiently. The traditional day rate/footage approach seems at odds with this and I was hoping other had some positive experiences with other approaches.