Stimulation & Completion

Your Costliest Risks

You face your greatest financial risk if you don’t have a plan for:

• Mitigating surface and underground geologic and long- term pollution risks
• Identifying and addressing the risks inherent in drilling contracts or master service agreements
• Reducing the threats arising out of an increasing experience modification factor and OSHA recordables
• Implementing systems that reduce the direct and indirect cost of incidents and accidents
• Navigating and simplifying the idiosyncrasies of northern Appalachia
• Efficiently financing the cost of risk
• Anticipating and leveraging the rapidly changing industry landscape
• Positioning yourself to attract new profitable business relationships
• Avoiding the pitfalls that limit future business opportunities

How Your Insurance Broker Can Help

If you’re a well servicing contractor in the Marcellus Shale, you want to work with an insurance broker who is passionate about the oil and natural gas business, not just someone who writes insurance. 

You need a broker who takes the lead in:

• Guiding you through complex supply chain risk management decisions
• Anticipating changes in the regulatory environment that may affect risk
• Helping you build a war chest to defend against litigation that may take decades to develop

LJ Stein Solutions

Do you …

• Need assistance in deciphering your policy's definition of pollution?
• Know if your pollution policy protects you against future claims once you leave a location?
• Know if your pollution policy responds to a baseless or toxic tort claim?
• Know if your insurance policies meet the obligations of your drilling contracts or master service agreements?

Western New York State is home to LJ Stein—we live and breathe the oil and natural gas business and we see, on a daily basis, the potential risks that well servicing contractors face in the Northern Appalachia region. Because of our ties to this area, we have first-hand knowledge of which P&C insurance carriers best serve well servicing contractors doing business here.