This paper presents the applied methodology and results obtained from a new Well Management program to improve oil and gas recovery with minimum investments in certain asset units. In addition to the value of the increased production, the following benefits were obtained from this program: learning and applying the teamwork approach of well productivity improvement, adaptation to a cultural change of working as teams to solve difficult problems, and training and transfer of diverse technologies from the interdisciplinary teams to other technical personnel of PEMEX E&P.