Do not put your energy operation at risk. Request your Control of Well Insurance quote, designed in accordance with current regulations and your company’s risk profile.
Insurance / Companies / Exploration and Extraction
Control of Well
Protect your drilling operations with Control of Well Insurance, the mandatory coverage in Mexico for incidents such as blowouts, re-drilling, and operator’s extra expenses.
This insurance is essential for the oil and gas industry, as it provides protection against catastrophic incidents, such as loss of well control during exploration, drilling, or extraction operations.
What does Control of Well Insurance cover?
Our policies cover a wide range of situations, including:
- Blowouts.
- Fires and explosions at the drilling site.
- Loss of pressure control.
- Re-drilling of the damaged well.
- Damage to drilling equipment.
- Environmental containment and recovery costs.
All of the above applies to both onshore and offshore platform operations.
Why is it mandatory in Mexico?
In Mexico, Control of Well Insurance is mandatory as established by the Agency for Safety, Energy and Environment (ASEA), under the Administrative Provisions regarding Insurance applicable to exploration and extraction activities.
This ensures that, in the event of an uncontrolled release of fluids, the company has the financial capacity to:
- Respond to environmental damage.
- Address third-party claims.
- Cover clean-up, well closure, and recovery costs.
Who needs this coverage?
This policy is intended for:
- Oil and gas operating companies.
- Drilling, workover, and cementing contractors.
- E&P (exploration and production) projects.
- Companiesoperatingunder ASEA regulations or similar frameworks.
We work with specialized international markets, allowing us to provide efficient, up-to-date, and competitive coverage for all types of energy projects.
Why NRGI Broker?
- More than 35 years of experience insuring complex energy risks.
- Technical advisory tocomply withMexican regulations.
- Coverage tailored to each phase of thewell’s lifecycle.
- Support throughout the entire process: analysis, placement, and claims handling.
