Energy Insurance for Oil and Gas, Wells, Specialty Chemicals, Refining Operations and Pipelines
Owning or operating an oil or gas company is no easy task. As the owner or manager you need to know that you are protected in the event that something goes wrong. Having the proper risk management policies in place can provide necessary protection, whether overseeing rig equipment, conducting well evaluations and managing crews or your primary business is an operator or only a non-operator entity.
Founded in Dallas, Swingle Collins & Associates has been providing energy insurance and service to the oil and gas industry for over twenty years. We provide worldwide energy insurance coverage help for oil and gas exploration companies with oilfield operators insurance, oilfield services insurance, non-operators insurance, oil field service contractor’s insurance, control of well insurance and exploration investors and royalty owners' insurance.
Control of Well Insurance
Control of well insurance covers the costs and expense of regaining control of a well after a ‘blow-out’ has occurred. There are many factors that need consideration for control of well insurance including pollution, re-drilling expenses, well restoration, liability to third parties and even evacuation expenses. Several types of companies purchase control of well insurance and often include oil and gas well drillers, drilling contractors, oilfield service companies and companies that plan, design, manage and supervise the drilling of a well.
Oilfield Services Insurance
There are several types of companies that can be included in the category of needing oilfield services insurance. These companies can range from drilling contractors and well servicing contractors to salt water haulers and roustabout operations. Oilfield services insurance provides coverages for bodily injury and property damage, contractual liability, third party liabilities and when written properly, coverages for pollution are included. We work diligently to provide the specific coverages needed for each client who requires oilfield services insurance.
Oilfield Operators Insurance
Oilfield operators insurance is intended to address the specific needs of both operator and non-operator entities. These specific types of general liability requirements are often contractual indemnity arising out of joint operating agreements, sudden and accidental pollution coverages which can include first party costs and can potentially cover claims brought by co-owners of the working interest in a well. Oilfield operators insurance may be needed by any type of company involved in exploration or production.
Energy production is evolving every day to become more and more environmentally friendly. Solar and wind farms are viable sources of energy that carry their own unique energy insurance coverage. Swingle Collins has the capacity and market availability to properly insure this type of company which is on the leading edge of the energy frontier.
We customize oil and gas insurance coverage to meet your company’s unique needs whether control of well insurance, oilfield services insurance or oilfield operators' insurance, while providing proactive loss control services and risk management to help you create a safe and profitable work environment. Swingle Collins' team of experts has been individually underwriting oil and gas insurance risks for over 30 years. We are here to assist you as your oil and gas insurance agent.
Energy Insurance - Industries Served
Oil and Gas Exploration and Production Companies
Drilling and Well Servicing Contractors
Refining / Storage / Processing Operations
Oil & Gas Exploration and Production
Drilling and Well Servicing Contractors
Gas Gathering and Processing Operations
Natural Gas Liquids Separation and Storage Facilities
Pipeline Operations (including refined products pipelines)
Refining/Storage/ Processing Operations
Utility/Power Generation Operations
Underground Natural Gas and Gas Liquids Storage Operations
Specialty Chemicals Manufacturing
Energy Related Products Manufacturers
Saltwater Well Disposal
Energy Insurance—Coverage Available
Control of Well (Operator’s Extra Expense)
Onshore Production, Processing and Compression Property Damage
Offshore Platform and Pipeline Damage
Loss of Offshore Production Income
Onshore & Offshore Construction
Drilling Rig Physical Damage
Specific Catastrophe Coverage
Workers Compensation - Dividend - Safety Group
Sudden & Accidental; Time Element Pollution (30/90), including voluntary 1st party cleanup costs
Underground Resources & Equipment
Blanket Waiver of Subrogation
Blanket Additional Insured/Primary & Non-contributory
Ability to Write New Ventures
AK, AL, AR, CO, IL, ID, KS, KY, LA, MI, MO, MS, ND, NM, OH, OK, TX, UT, WV, WY (CA coming soon)
$2,000 – Contractors – NOT over the hole (excluding Pollution, Underground Resources, Blowout, Cratering and Explosion and Underground Equipment)
$2,500 – Contractors – NOT over the hole (broad form)
$3,500 – Lease Operators/Non-operators (broad form)
$5,000 – Contractors – Over the hole (broad form)