 |
        |
|
 |
| |
|
Transpac Managers is the innovator and leader of insuring downhole tools since 1991. While insuring over 7000 wells Transpac has maintained relentless customer service standards and has demonstrated the underwriting discipline and organizational stewardship defining Transpac as a steady and stable partner for our clients and companies.
We insure the replacement cost of tools that are scheduled on the Equipment Coverage Data (ECD) Form. The insurance covers the scheduled tools while they are below the rotary table in a
pre-approved well. The tools are covered for loss or damage while downhole. Our main loss event occurs when the assembly becomes stuck.
Stuck pipe is when pipe, drill collars, casing or tubing inadvertently becomes immovable in the hole. Sticking can occur while drilling is in progress, when casing is being run in the hole or when the drill pipe is being removed from the well (tripping out).
 FREE QUOTE -- Click here for instructions
Major Causes of Stuck Drill Pipe
- Provides broad coverage while down hole
- Covers all scheduled tools including scheduled drill pipe
- Covers tools you are contractually obligated to safeguard while below the rotary
- Covers replacement costs obligated with no depreciation
- All rates on a day-rate basis
- Multiple well discounts are offered
- Special rate plans for Directional Drilling Contractors.
|
|
|
| |
- Fast turnaround on quotes, following receipt of complete application
- In-house binding authority
- Available 24/7, whenever you need us, as we understand drilling doesn’t stop at 5:00 PM or on weekends.
- Our almost 15 years of adjustment experience and continuity translate into quick turnaround times for you when it comes to proof of loss and payment. We know time is money, and unlike other contractors and insurance companies, we provide claim payments in days rather than months.
- Our billing and accounting procedures are designed to be compatible with your own systems. Monthly progress billing or upon-completion reporting are available on an account-by-account basis, depending on your needs.
- All transactions with Transpac are conducted electronically, via email or the Internet, making for greater efficiencies and ease of operation – from filling out your application to well completion.
|
| Lost in Hole Insurance, LIH insurance , Downhole Tool Insurance, Wireline Logging insurance, downhole equipment insurnace, DD equipment, LIH, MWD Insurance, down hole tool insurance, directional drilling insurance, drill pipe insurance, drill stem insurance |
|
|
|
 |
 |
 |
|
 |
| |
8144 Walnut Hill Lane, Suite 1195 Dallas, Texas 75231
214.346.1512 Facsimile 214.346.1533 |
|
|
