RE: RE: Golden Tickets!5 Mar 2026 13:54
No, but drilling firm likely did as in below. But they are many, varied and complex and tailored to each situation. Hex will have other types of insurance. but as well all know if negligence was involved...........
Key Types of Insurance for Land Drilling Firms:
Drilling Contractor Insurance: A comprehensive package covering property damage, equipment breakdown, and business interruption.
General & Public Liability Insurance: Protects against claims of bodily injury or property damage to third parties, which is crucial given the high-risk, often rural or populated, areas where drilling occurs.
Environmental Liability (Pollution Insurance): Covers clean-up costs, environmental damage, and regulatory fines, often essential for oil and gas operations.
Workers' Compensation: Mandatory coverage for employee injuries sustained on-site.
Equipment/Property Coverage: Covers damage to drilling rigs and machinery due to accidents or natural disasters
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