Incentivizing service companies the right way?

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John C.
4 months ago
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.
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Hi John, I am looking to find the same answer to your question, have you been able to discover some different contracting approaches to integrated drilling and completion services. – Verified User, 2 months ago
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