Energy Law This Week

Blowout Insurance: The Most Underused Coverage? | Ep 06


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Hosts Matt Jones and April L. Rolen-Ogden cover recent cases on the duty to market, always an ongoing issue, and the newest jurisprudence highlighting the need to update master service agreements. The team then delves into the complexities of well control insurance, (sometimes called loosely called blowout insurance), exploring its importance, coverage details, and the common pitfalls that often lead to non-pursuit of legitimate claims. The conversation highlights the nuances of these claims, the role of engineers in understanding risks and recognizing claims, and the litigation challenges that arise in the context of underground flow incidents. The hope is that through a fuller understanding of these coverages, operators and even non-ops will take appropriate advantage of coverage they have purchased.   

Liskow is a full-service law firm with a strong focus on the energy sector, providing regulatory guidance, transactional counsel, and high-stakes litigation services. With offices strategically located across the Gulf Coast, and now New York, the firm serves clients in the energy, environmental, and maritime industries, as well as regional businesses across various sectors.

00:00Introduction and Legal Update Overview

03:08Case Analysis: Anderson Living Trust vs. Conoco Phillips

05:59Case Analysis: Lexington Insurance vs. Exxon Mobil

08:59Understanding Blowout (Well Control) Insurance

11:58Defining Blowouts and Coverage Triggers

14:58Claims Process and Coverage Details

17:57Subsurface Risks and Coverage Gaps

21:01The Role of In-House Engineers in Insurance Claims

23:54Pollution Coverage and Additional Perils

27:05Who Carries Well Control Insurance?

30:04Litigation and Coverage Disputes

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Energy Law This WeekBy Matt Jones and April Rolen-Ogden

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