MLchartDataset catalogue

Relief well coverage

Term · Insurance and risk management · MLC-T-INS-002870

Insurance protection for the expenses incurred in drilling a new well to intersect and control an out-of-control well, such as a blowout. This coverage typically includes the costs of mobilization, drilling, and completion of the relief well, as well as any associated well control efforts. It is a specialized form of coverage within energy insurance policies.

Table 1. Record
IdentifierMLC-T-INS-002870
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002870",
  "term": "Relief well coverage",
  "field": "Insurance and risk management",
  "definition": "Insurance protection for the expenses incurred in drilling a new well to intersect and control an out-of-control well, such as a blowout. This coverage typically includes the costs of mobilization, drilling, and completion of the relief well, as well as any associated well control efforts. It is a specialized form of coverage within energy insurance policies.",
  "url": "https://mlchart.com/terminology/insurance/relief-well-coverage/"
}

Record 2,934 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.