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DRILLING

Santos reveals new contractor model

SANTOS has revealed its secret weapon in driving down costs in the Cooper Basin: a new “lean” methodology to work collaboratively with contractors rather than “savaging” them on rates.

Anthony Barich
Santos reveals new contractor model

It's now well-telegraphed that Santos has reduced costs in the Cooper by 42%, which executive vice president onshore upstream developments Brett Woods attributed to the way it relates to its joint venture...

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