Commercial Oil & Gas Insurance – FCIS Group

Commercial Oil & Gas Insurance

Comprehensive Coverage for America’s Top Energy-Producing States

America’s Energy Production Powerhouse

13.7M

Barrels Per Day (USA)

45%

U.S. Production (Texas)

6.6M

Barrels/Day (Permian)

$180B

Alaska Revenue Since Statehood

State-by-State Production & Insurance Requirements

TEXAS

5.7 Million Barrels/Day

🛢️ Major Production Areas:

Permian Basin: West Texas (Midland, Odessa, Andrews County)
Eagle Ford Shale: South Texas (1.15M bbl/day projected 2025)
Barnett Shale: North Texas region
Haynesville Shale: East Texas (natural gas focus)

📋 Texas Insurance Requirements:

✓
General Liability: $25,000-$300,000 per occurrence

✓
Workers’ Compensation (required with employees)

✓
Motor Vehicle Liability (for operating companies)

✓
Completed Operations/Products Liability: $300,000

✓
Environmental/Pollution Liability Coverage

✓
Railroad Commission compliance certification

NORTH DAKOTA

1.3 Million Barrels/Day

🛢️ Major Production Areas:

Bakken Formation: McKenzie, Williams, Dunn, Mountrail counties
Three Forks Formation: Underlying Bakken reserves
Williston Basin: 7.4 billion barrels recoverable
Active Wells: 18,940+ horizontal wells producing

📋 North Dakota Insurance Requirements:

✓
Workers’ Compensation (mandatory with employees)

✓
General Liability Coverage (premises & operations)

✓
Commercial Auto Insurance (business vehicle use)

✓
Professional Liability (consultants/contractors)

✓
Environmental Liability Coverage

✓
Blowout/Well Control Insurance

NEW MEXICO

2.0 Million Barrels/Day

🛢️ Major Production Areas:

Delaware Basin: Lea & Eddy Counties (29% of Permian production)
Permian Basin: Southeastern New Mexico
San Juan Basin: Northwestern New Mexico (natural gas)
Record Growth: Lea County first to exceed 1M bbl/day

📋 New Mexico Insurance Requirements:

✓
General Liability (varies by operation size)

✓
Workers’ Compensation Coverage

✓
Environmental/Pollution Liability (strict regulations)

✓
Professional Liability (service companies)

✓
Equipment/Property Coverage

✓
Federal land lease compliance insurance

ALASKA

480,000 Barrels/Day

🛢️ Major Production Areas:

Prudhoe Bay: North Slope (270,000 bbl/day)
Kuparuk River: North Slope fields
Alpine Field: ConocoPhillips operations
Upcoming: Pikka (2026) & Willow (2029) projects

📋 Alaska Insurance Requirements:

✓
General Liability (Arctic conditions coverage)

✓
Workers’ Compensation (enhanced for remote work)

✓
Environmental Liability (spill response)

✓
Equipment Coverage (extreme weather protection)

✓
Business Interruption (weather-related)

✓
Transportation/Pipeline Coverage

OKLAHOMA

488,000 Barrels/Day

🛢️ Major Production Areas:

SCOOP Play: South Central Oklahoma (Grady, Stephens Counties)
STACK Play: Canadian, Kingfisher Counties
Woodford Shale: Primary target formation
Anadarko Basin: Multi-layered production zones

📋 Oklahoma Insurance Requirements:

✓
General Liability Coverage

✓
Workers’ Compensation Insurance

✓
Seismic Activity Coverage (earthquake-related)

✓
Wastewater Disposal Liability

✓
Professional Liability (service providers)

✓
Oklahoma Corporation Commission compliance

Comprehensive Oil & Gas Insurance Solutions

🛡️

General Liability

Comprehensive coverage for bodily injury, property damage, and personal injury claims from drilling operations to transportation.

🌍

Environmental Liability

Essential protection for spills, contamination, and cleanup costs. Critical for operations across all producing states.

👷

Workers’ Compensation

Specialized coverage for oil field workers, including enhanced protection for remote and high-risk operations.

🔥

Well Control & Blowout

Protection against well control incidents, blowouts, and the specialized costs of emergency response operations.

🚛

Equipment & Transportation

Coverage for drilling rigs, production equipment, and transportation of crude oil and natural gas.

💼

Professional Liability

Errors and omissions coverage for consulting, engineering, and specialized service companies in the energy sector.

Protect Your Energy Operations Today

Get customized insurance solutions for your oil and gas business across all major producing states

Get Free Quote

Contact Steve McClure at Crescenta Valley Insurance

📞 Phone

(818) 974-8117

✉️ Email

steve@cvins.com

🌐 Website

http://www.fcisgroup.com | FCIS Now A Part Of Crescenta Valley Insurance

📍 Service Areas

CA (Home State) TX, ND, NM, AK, OK & Nationwide