OPERATOR AND CONTRACTOR BENEFIT FROM INCENTIVE CONTRACTS

Bethany Brandon Eastman Christensen Houston With incentive contracts, drilling and service contractors assume greater responsibility for operations. That helps them to align their goals more closely with those of the operator. This achieves a more equitable division of the risks. Many operators and contractors believe this is a more appropriate approach to contracting drilling services. As they assume manageable responsibility, each party also has opportunities for greater reward.

Sep 16th, 1991
In order to access this content, you must be logged-in and have an active subscription to the OGJ Premium Archive

Subscribe

More in Home
190610ogj 08
OGJ Newsletter