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10% TAEP Premium Discount
Fast Turn Around
Flexible Options and Limits
Experience in the Oil & Gas Industry

For all agents, contact:

Curtis Heptner,  (940) 397-2771

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key risks arising from blowouts include:

• Extinguishing any fire from a well that is out of control
• Expenses incurred in bringing the well under control
• Re-drill and Extra Expense incurred to restore the well
• Pollution & Clean-Up expenses
• Evacuation
• Underground Blowout
• Third Party Equipment

Shift to unconvential drilling and completion risks:

• Increase in blowouts during well completions
• Increase in blowouts involving communication between wells
• Increase in blowouts caused by casing/cementing failure
• Increase in blowouts caused by surface events
• Increase in blowouts involving producing wells
• Increase in blowouts involving plugged and abandoned wells

Blowout case studies

1. During drilling, a pad well has a blowout that communicates with two other wells on the pad at the operator’s drill site.

2. A non-owned well on another property blows out as a result of hydraulic fracturing during the completion of a well on an adjacent property by an operator.

3. Operator buys control of well insurance only for drilling & workover wells. A producing well has a significant blowout with high costs to the operator.

4. Operator has a significant blowout which took a relief well to be drilled to bring the well under control. Evacuation and surface pollution clean up costs were unexpected. Re-drill costs were significant. The operator was underinsured.