Rising costs and low energy prices were inhibiting the development of marginal fields on the Dutch Continental Shelf, resulting in a reduction in drilling activity and a loss of business opportunities. Independent benchmark surveys and critical analysis of total well costs showed the potential for major cost reductions that could turn many of the smaller offshore gas finds into economic development prospects. This triggered a change from traditional operating and contracting strategies to a partnering approach with the principal drilling and service contractors and the institution of a well-construction team (WCT). The WCT proved so successful, with an average well cost reduction of 21% in the first year, that a similar organization has been set up for all the land drilling and workover operations. This paper-describes the strategies used and presents a comparison between the traditional performance and the results from the first year of operating as a WCT. The comparison includes the results of an independent benchmark study of 20 North Sea operating companies.