Course Information

ERIS

Control of Well/Operators Extra Expense Risks and Insurance

Overview

As long as there are oil wells there is a potential for well control problems. Fortunately, insurance exists to address the monumental expenses that result when a blowout or other well control event occurs. This course reviews well control problems, emphasizing factors leading to blowouts and prevention features. It covers insurance options for blowout expenses, including main insuring agreements, conditions, warranties, and additional coverages. The course concludes with a case study of an actual blowout.

Summary Details

Price

$169.00

This course is not subject to discount pricing.

Save Time and Money with Additional Credit

Select all the additional credit you need and then add to cart

AFIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

CRIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

MRIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

MLIS ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

TRIP ^{Reciprocity Discount Program

Add renewal credit for any of your active IRMI certifications for $79.00/certification course. Simply select the additional credit you need before adding your renewal course to your shopping cart. You must have completed the CORE courses for the certification you are requesting credit for to properly update your certification status.}

INS ^{Add Insurance CE Credit to Your Course
Add insurance continuing education credit to your course for only a small additional charge. States where the course is approved will appear in the drop down menu. Once the state is selected you will then see the approved credit hours and fee. Ordering at the time of purchase will allow you to complete one exam and receive certificates of completion for each of the state credits added. Credits will be reported upon completion, where we report according to our reporting schedule for the state where credits are approved.}

Learning Objectives

identify the elements that make up the anatomy of a well and the techniques used to drill a well
identify the well drilling characteristics and techniques that are designed to maintain control over a well and prevent or control blowouts
recognize the structure of a typical well control policy and the coverages, limitations, exclusions, and key issues associated with control of well, extra expense and seepage, pollution, and contamination coverage
recognize the coverage added by the adoption of optional coverages or endorsements

Designed For:

Property and casualty risk, safety, insurance, and finance professionals

WebCE® is registered with the National Association of State Boards of Accountancy (NASBA)as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9313.

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.

Access Period:	12 months
Prerequisites:	None
Advanced Preparation:	None
Delivery Method:	Self-Study
PDF Download:	Available
Provider of Record:	WebCE
Field of Study:	Specialized Knowledge
Approved For:	Core

Exam

Proctor:	No
Passing Grade:	70
Questions:	50
Retakes:	Unlimited

At WebCE, we are passionate about delivering exceptional professional development solutions. With world-class customer support and education to serve multiple professions, we're here to help professionals reach their career goals.

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S1-32 - Framework