Shared Goals.
Aligned Incentives. Measurable Success.
Through our Performance-Based Contracts, we don’t just drill wells—we deliver outcomes. We align our compensation with your success to reduce risk, drive efficiency, and unlock value from day one.
What Is a Performance-Based
Contract?
A performance-based contract is more than a pricing model – it’s a commitment. We tie our compensation directly to the outcomes we deliver: drilling performance, operational efficiency and value creation. This structure fosters collaboration, drives innovation and reduces operational risk. The result? Better wells, faster and with shared accountability.
A Partnered Approach
Every operator is different. That’s why our performance agreements are built around your goals – not ours. We start by understanding your challenges, then co-design a solution that leverages our full technology suite and operational expertise. Together, we define the KPIs that matter most to you and continuously refine them as we work together.
Why Operators Choose
Performance Agreements
Operators who switch to performance-based contracts with H&P see measurable improvements.
Efficiency
Faster drilling speed
Reduced NPT and cycle times
Consistency
Fewer trips and more consistent execution
Support
Access to our full FlexApp® technology suite at no additional cost
How It Works
Step 1
Customize a Solution
We collaborate to identify optimization opportunities and tailor a solution using our rigs, technology, and infrastructure.
Step 2
Align on KPIs
We define the metrics that matter most to your success—and ours. These KPIs evolve as our partnership deepens.
Step 3
Deliver Results
We’re paid for performance, not time. If we don’t deliver, you don’t pay for differentiated service.
It’s All About Hitting Our Goals -Together
Whether you’re drilling one well or one hundred, our focus is the same: safety, performance and partnership. We’re big enough to serve, but built to care.
Our Technology Solutions
Our performance-based contracts are true Unrivaled Partnerships. Aligning incentives and innovation with customer outcomes. Backed by global expertise and local insight, H&P delivers region-specific solutions. That’s why the world’s top energy companies trust us to tackle challenges with unmatched customer-centricity. Contact us today to learn more about how we help our clients or learn more about the technology we deploy enable better drilling outcomes.
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FlexFusion™ technology
H&P’s most advanced drilling automation package, combining several of our most trusted technologies.