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Downhole Tool Insurance Program

Coverage for when your directional or logging tools are stuck, damaged, or lost downhole whether operations are onshore Canada or Internationally.

Comprehensive Insurance Protection

  • Coverage for Operators and Service Contractors
  • Protects owned/leased tools that must be insured under contract
  • Coverage option for Operators to cover third-party fishing service costs – NEW!
  • Losses paid at Full Replacement Cost Value
  • Coverage limit of up to $3,000,000 available

Cost Effective and Exceptional Service

  • Coverage available on a well-by-well basis
  • Deductible options available
  • Discounts for multi-well programs
  • One-day turnaround time on most quotations
  • 28 years of specialty Downhole Tool Insurance expertise, with nearly 100 insurance claims settled

Scheduled Tools including but not limited to the following:

  1. Drill Bits
  2. Collars
  3. Heavy Drill Pipe
  4. Jars 5. Logging Tools
  5. Motors
  6. MWD’s
  7. RSS
  8. Stabilizers
  9. Wireline and Coiled Tubing

Contact Us for more information