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Risk Management

Oil and gas risk management

When it comes to oil and gas risk management, all of our clients undergo a Risk Review to better understand the specific needs of their company. In doing this, we are able to determine the appropriate avenues to transfer your company’s risk in the most economic and beneficial ways to you, your equity holders or your shareholders.

Sisk & Co. clients are also granted access to PetroDocs. This proprietary information database is an industry-leading resource for safety-related topics in oil and gas industry. The site contains over 650 documents with nearly 5,000 pages of text, presentations, reprints, and editable safety programs covering topics of interest and value to the oil patch. It also contains a series of safety videos designed and created by Sisk & Co., all of which are downloadable and available for viewing by our clients.

Contractor clients benefit from the following risk management services:

  • Review contracts for compliance with insurance requirements and indemnity provisions
  • Review safety procedures and loss control manuals
  • Conduct site visits to provide audits and safety suggestions
  • Perform loss control surveys
  • Monitor claims: advocacy and monitoring of open claims
  • Research regulatory guidelines (OSHA, DOT,  COGCC, etc)
  • Cost-containment certification assistance
  • Regularly conduct safety seminars
  • Crisis management services and emergency preparedness plans
  • Distribution of quarterly Safety Newsletter
  • Visit our MSEA site for a more comprehensive list of services

Operator clients benefit from the following risk management services:

  • Contractor selection support and risk profiling
  • Review contracts for compliance with insurance requirements and indemnity provisions
  • Immediate emergency response plans
  • Blowout contingency plans
  • Well control certification courses
  • Conduct site visits to provide audit and safety suggestions
  • Distribution of quarterly Safety Newsletter
  • Visit our MSEA site for a more comprehensive list of services

At Sisk & Co. we always use a customized approach for meeting our clients’ needs. We take the time to build relationships, to fully understand your needs and oil and gas industry risks, and to ensure you have the coverage in place to protect yourself in the event of a loss.