Increased Field Activity Underscores Importance Of Well Control, Insurance By Danny Boyd Special Correspondent With drilling and completion work ramping up, companies in all segments of oil and gas hanging " help wanted " signs outside their front gates, and inflationary cost pressures intensifying across the board, the industry is approaching 2022 with renewed optimism tempered by the awareness that managing business risk is important as ever. Industry trends certainly point in the right direction, but increased activity equates to greater risk exposure; new hires mean unseasoned personnel on the well site; and higher costs translate to greater economic consequences if something goes wrong. Well control specialists offer these bits of advice for operators and contractors: Train relentlessly and call early. The sooner the experts get involved, the lower the cost and impact of potential well control incidents. Oil and gas insurance experts have similar advice: Call often to make certain insurance programs are regularly reviewed and updated to keep pace as oil and gas activity levels change. DECEMBER 2021 55