Transpac Managers, Inc. - Downhole Tool Insurance
Transpac Managers, Inc. - Downhole Tool Insurance
Home     |     About Us     |     Services     |     Get A Quote     |     Form Library     |     News     |     Contact Us    
Services - Wireline Logging Insurance Coverholder at LLoyd's
More Info Get A Quote: PDF Application
What is Wireline logging Insurance?

Wire Logging Tools Wireline logging insurance covers the replacement cost of scheduled tools while they are below the rotary table in a pre-approved well. The tools can be covered for loss or damage while downhole in a cased or uncased hole. Wireline logging tools main loss event is damage due to tools becoming stuck in the well bore.

What types of tools are covered?

Below is a list of the most common types of tools that we cover. If you have a special need for a tool not listed give us a call.
  • Wireline Logging Tools
  • Wireline Tractor

Who is eligible for coverage?

Coverage is available to anyone who owns tools, or is contractually obligated to safeguard the tools while below the rotary. In most cases the following parties are eligible:
  • Oil & Gas Operators
  • Wireline Contractors
  • Tool Rental Companies
  • Tool Manufacturers

How do we charge?

We charge a single fee per logging run. The logging run has 48 hours to complete before additional logging run fee applies.
  • All rates on a per run basis
  • Multiple well discounts are offered.
  • Special rate plans for Wireline Contractors

How are losses handled?

Losses are handled by claims adjusters specializing in the energy industry. This translates 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.

Will we be there when you need us?
  • We understand that drilling does not stop at 5:00 PM or on the weekends. We are available to assist you in getting coverage 24/7.
  • Upon receiving a completed application, we can get a quote in your hands in less than 24 hours.


Downhole Tool Insurance™ is a trademark of Transpac Managers, Inc.
8140 Walnut Hill Lane, Ste 302 Dallas, TX 75231
214.346.1512    Facsimile 214.346.1533

 
2017 Transpac Managers, Inc TPM. All rights reserved.