What's New

25 Apr, 2024
Ever wonder where in the well most lost-in-hole events occur? Transpac Managers reviewed our last 15 claims, and determined that: - Three claims were submitted for losses from 0 to 5,000 ft - Five claims were submitted for losses between 5,001 and 10,000 ft - Five claims were submitted for losses between 10,001 and 15,000 ft - Two claims were submitted for losses over 15,000+ ft - One vertical; four build; 10 lateral 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. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
10 Apr, 2024
Transpac Managers can insure up to One Million Dollars* to help keep you covered. Don't go downhole without being insured, especially as Downhole Tool prices continue to rise. *$1,000,000 is the max but is only offered for approved program 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. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
By Sarah Robles 22 Sep, 2023
Transpac Managers has been tracking prices for BHA components since our inception. Based on our data, we've seen Rotary Steerable and Conventional Drilling Tool prices continuously rise, which increases your risks and costs if you have a lost-in-hole incident. 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. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
By Sarah Robles 25 Aug, 2023
Transpac Managers recently provided downhole tool insurance for an operator on a well in Australia. The operator successfully drilled to total depth, but when attempting to trip the tools out of the well, the rotary stalled and the well packed off around the drillstring. Fishing and jarring attempts were made but the tools were not retrieved. Transpac Managers paid the US $540,000 claim. 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. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
By Sarah Robles 22 Jun, 2023
For 30+ years, Transpac Managers has covered downhole tools for customers around the globe. We're best known for ensuring BHAs in oil & gas drilling but we handle many more applications including: - Coalbed methane (CBM) drilling - Helium drilling - Geothermal drilling - Potash drilling - Mining - Tool research and development - Coring operations 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. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
By Sarah Robles 13 Jun, 2023
How much are you willing to gamble on your next operation? - One in 22 horizontal wells loses downhole tools - 55% of those losses are due to mechanical sticking - The cost of these losses is approximately 5 to 15% of a well’s AFE Call 214-346-1512 x10 or email cwebb@transpacmgrs.com for more information on our limits and for a free quote to ensure you’re not gambling your AFE on your next operation. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
By Sarah Robles 12 May, 2023
Did you know? - 90% of wellbore stability problems occurred in shale formations - 75% of the drilled formations are shales - More than $8B per year is lost due to geopressured zones & wellbore stability-related problems How much can you afford to gamble on your next downhole operation? Contact Transpac Managers for a free quote to ensure you’re not gambling your AFE on your next operation. Call 214-346-1512 x10 or email cwebb@transpacmgrs.com for more information. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
By Sarah Robles 25 Apr, 2023
Are you only covering half the value of your downhole tools with your contractor’s lost-in-hole (LIH) coverage? Let Transpac quote the remaining 50% to give you total peace of mind. 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. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
By Sarah Robles 12 Apr, 2023
Are you planning to send tools downhole? For more than 30 years, Transpac Managers has been insuring downhole tools such as: - Rotary steerable systems - MWD sensors - Motors - Stabilizers - Coiled tubing - Drill collars - Jars - Drill pipe - Drill bits - Wireline logging tools To determine eligibility for your tools, call 214-346-1512 x10 or email cwebb@transpacmgrs.com . We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
28 Mar, 2023
Have you considered buying downhole tool insurance to protect your assets? If so, check out the below before you send tools downhole. 1. What’s included in your day work contract? 2. How do I reinstate coverage after a loss? 3. How are insurance deductibles applied? 4. How is exposure to tool loss addressed? 5. What are fishing requirements? Have more questions? Call 214-346-1512 x10 or email cwebb@transpacmgrs.com for more information on our limits and a free quote before sending your equipment downhole. We provide prompt and knowledgeable service and competitive pricing with the highest level of integrity.
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