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The Risk Shifting Provisions of the IADC Daywork Drilling Contract

March 12, 2014

Please join us for this seminar that will focus on the IADC Daywork Drilling Contract. This seminar is for in-house attorneys, drilling managers, operations engineers, and risk management personnel who participate in the negotiation of drilling contracts and obtaining liability insurance.

The IADC Daywork Drilling Contract is the most commonly used contract in connection with the drilling of wells in the Rockies and all other on-shore regions of the United States. It includes a number of risk allocation or shifting provisions with major economic and insurance ramifications, including becoming responsible for the repair or replacement of the drilling rig and injuries to other contractors caused by actions of the drilling contractor. This seminar will focus on those risk shifting provisions and related insurance coverage issues presented by this contract form. Our speakers have assisted clients in negotiating many drilling contracts and in addressing related insurance issues. The speakers for this program are:

  • Gene Lang, Of Counsel, Davis Graham & Stubbs, LLP
  • Randy Pharo, Of Counsel, Davis Graham & Stubbs, LLP
  • Theresa Fadul, Executive Vice President and Director of Energy Practice, IMA, Inc.

Event Information

March 13, 2014

Breakfast | 7:30 AM Program | 8:00 - 9:00 AM

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