Wireline Logging Tool Insurance


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What is wireline logging insurance?

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. Our main loss event occurs when tools become stuck in the wellbore.

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, please contact us.

  • 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 and 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 fees apply.

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 p.m. 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.

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