What does Relief Well Coverage mean? Read on to discover the definition & meaning of the term Relief Well Coverage - to help you better understand the language used in insurance policies.
Relief Well Coverage
Coverage for the cost of drilling a new well for the purpose of releasing underground pressure to assist in bringing a wild oil or gas well under control. It is an optional operators extra expense (OEE) policy coverage.
We hope the you have a better understanding of the meaning of Relief Well Coverage.