After decades of insuring losses, the Transpac Managers team has seen the most common types of downhole claims. Do you agree with our data?
After decades of insuring losses, the Transpac Managers team has seen the most common types of downhole claims. Do you agree with our data?
- 55% - Mechanical Sticking
- 26% - Differential Sticking
- 17% - Tool Failure
- 1% - Blowout
- 1% - Fire
No matter the application, make sure your tools are covered on your next operation. Call 214-346-1512 x10 or email cwebb@transpacmgrs.com for more information on our limits and for a free quote before you send your equipment downhole.
Did you know you can secure downhole fishing coverage through Transpac Managers as part of your risk mitigation strategy?
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Coverage Available for all Tool Types
We've Got You Covered
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When drilling a well, SH@! happens
Are you performing pipeline inline inspection operations and what to ensure that your tools are covered in the event of a loss?
Drilling Losses are Becoming More Frequent
If you are an operator with an active drilling program and want to ensure all your wells are covered from the costs and hassles of downhole tool losses, Transpac Managers is offering an express program for either 100% or 50% coverage. It's easy to apply and most wells are approved within 24 hours. A deposit is only required for the first well. first well No matter the application, make sure your tools are covered on your next operation. Call 214-346-1512 x10 or email cwebb@transpacmgrs.com for more information on our limits and for a free quote before you send your equipment downhole.
Transpac Managers' Downhole Tool Insurance is available to help ensure a lost-in-hole event doesn't blow your entire budget. On average, a well costs between $6M and $9M to complete in the Permian Basin: - Drilling costs account for approx. 30% (between $1.8M to $3M) - One Downhole Tool loss of $1.5 million could use up almost your entire drilling budget No matter the application, make sure your tools are covered on your next operation. Call 214-346-1512 x10 or email cwebb@transpacmgrs.com for more information on our limits and for a free quote before you send your equipment downhole.
